$380,000
●
House -
Off Market
1818 Rye Road
Sanford, NC 27332
3 Beds
3 Baths
2,376 Ft²
$2,188
Est. Monthly
$87
HOA / Fees
About This Property
Welcome to this 3-bedroom 3-bath home in the highly sought-after
gated community of Carolina Trace. From the inviting front porch to
the thoughtfully designed interior, this home offers the perfect
blend of comfort and functionality.
Step inside to an open-concept floor plan featuring durable LVP flooring and a cozy wood-burning fireplace, ideal for everyday living and entertaining. The spacious primary suite includes an updated bathroom with a large walk-in shower, creating a private retreat within the home.
The finished basement expands your living space with a versatile bonus room, an additional bedroom, and a full bathroom. Perfect for guests, a home office, or multi-generational living. Enjoy year-round relaxation in the enclosed porch, complete with a ceiling fan for added comfort.
Residents of the Laurel Thicket enjoy access to a saltwater pool, and tennis and pickleball courts, all within a serene and well-established community of Carolina Trace.
Don't miss the opportunity to own a home in one of Sanford's most stunning neighborhoods!
Step inside to an open-concept floor plan featuring durable LVP flooring and a cozy wood-burning fireplace, ideal for everyday living and entertaining. The spacious primary suite includes an updated bathroom with a large walk-in shower, creating a private retreat within the home.
The finished basement expands your living space with a versatile bonus room, an additional bedroom, and a full bathroom. Perfect for guests, a home office, or multi-generational living. Enjoy year-round relaxation in the enclosed porch, complete with a ceiling fan for added comfort.
Residents of the Laurel Thicket enjoy access to a saltwater pool, and tennis and pickleball courts, all within a serene and well-established community of Carolina Trace.
Don't miss the opportunity to own a home in one of Sanford's most stunning neighborhoods!
Unit Size
2,376 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$160
Property Type
House
Property Taxes
$234
HOA Dues
$87
Year Built
1980
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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: 6 months ago (TMLS #10162757)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| May 14, 2026 | In contract | - | |
| In contract | |||
| Apr 25, 2026 | Listed by EXP Realty LLC Ballantyne | $380,000 | |
| Listed by EXP Realty LLC Ballantyne | |||
| Apr 2, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | Listed by EXP Realty LLC Ballantyne | $350,000 | |
| Listed by EXP Realty LLC Ballantyne | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lee
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Listed by: Ashley Fay, EXP Realty LLC Ballantyne
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10162757
Last Updated: 6 months ago
Data Source: TMLS, MLS# 10162757
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