$270,000
●
House -
Off Market
178 Penfield [Lot 78] Way
Raeford, NC 28376
3 Beds
2 Baths,
1
Half Bath
1,551 Ft²
$1,453
Est. Monthly
$49
HOA / Fees
6.49%
Cap Rate
About This Property
Big Savings Alert! Get $5,000 in concessions PLUS up to 1.25% of
the purchase price in additional concessions toward Closing Costs
w/ the builder's preferred lenders! Welcome to 178 Penfield in the
Graceland community; A Home That Fits Your Life! -this 3-bed,
2.5-bath home offering 1,551* sqft of comfort & convenience. W/ a
one-car garage, it's designed for easy living in a prime
location.Enjoy a morning stroll through the neighborhood, then take
care of errands with Walmart, Food Lion, Lowe's, & Chick-fil-A just
minutes away. Stay active at the Hoke County Aquatic Center or try
something new at Paraclete Indoor Skydiving & JP Jumpmasters.
Prefer a laid-back weekend? The Mill at Puppy Creek and Rockfish
Creek Winery are great nearby spots.Families will love having
schools within 10 minutes, plus a hospital and urgent care close
by. Fort Liberty is only 20 minutes away!Whether you're starting
out or downsizing, 178 Penfield makes life easier. Schedule a
showing today!
Unit Size
1,551 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$184
Property Type
House
Property Taxes
-
HOA Dues
$49
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (TMLS #LP740087)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Mar 11, 2025 | Listed by ERA STROTHER REAL ESTATE | $285,900 | |
| Listed by ERA STROTHER REAL ESTATE | |||
Property Highlights
Garage
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Comparables
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Status
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Type
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Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hoke
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: GRAY HERNANDEZ, ERA STROTHER REAL ESTATE
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP740087
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP740087
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