$186,900
●
House -
Off Market
1796 Wayside Road
Raeford, NC 28376
3 Beds
2 Baths
1,464 Ft²
$193,238
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
NO CITY TAXES AND NO HOA DUES!!!! This darling 3 bedroom
2 bath home offers a make sense floor plan, and is situated
on just under a half acre in Raeford. Renovatd in 2020
complete with Granite kitchen and bathroom countertops. LVP
flooring was installed in 2020 along with the HVAC. A brand
new hot water heater was installed June 2022. Home quailifies for
USDA. Home sits on a Proposed DOT project for Street
widening. As of today it is being proposed only for a
utility easement.
https://www.nclandlawyer.com/project/wayside-road-area-improvement-project/
Come see for yourself!
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$128
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1993
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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 #LP687071)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2022 | Sold | ||
| Sold | |||
| Jun 23, 2022 | Listed by WEICHERT REALTORS-WAYNE YOUNTS | $186,900 | |
| Listed by WEICHERT REALTORS-WAYNE YOUNTS | |||
| Jun 17, 2020 | Sold | ||
| Sold | |||
| Mar 28, 2020 | Listed by CAROLINA SUMMIT GROUP #2 | $149,900 | |
| Listed by CAROLINA SUMMIT GROUP #2 | |||
| | |||
|
Pay no HOA or city taxes on this beautiful 3 bed, 2 bath renovated home in Raeford. Home features new LVP and carpet, new granite in kitchen and baths, new lighting, new HVAC, new interior and exterior paint. Don't let the 1 car garage fool you as it has plenty of space for additional storage. Huge fenced-in backyard and oh so convenient to post. Buyer financing fell through and home inspection report available to you! Back on market at no fault of the seller's. Home Inspection and termite report available!
| |||
| Feb 18, 2020 | Sold | ||
| Sold | |||
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Hoke
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Listed by: JIM FORTNER, WEICHERT REALTORS-WAYNE YOUNTS
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP687071
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP687071
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