$525,000
●
House -
Off Market
192 Springhill Lane
Garner, NC 27529
4 Beds
3 Baths,
1
Half Bath
2,950 Ft²
$2,991
Est. Monthly
$150
HOA / Fees
4.00%
Cap Rate
About This Property
Journey's End! Time to stop looking and start making this one your
next home. From the commanding foyer to the expansive back
yard, there's so much to explore. This user friendly floorplan is
ideally proportioned with generous spaces allocated to the most
important rooms- family room, kitchen, primary bedroom and the
dining/flex room. But don't think the other rooms were skimped on -
there's a first floor office and 3 additional bedrooms offering
plentiful space for everyone and everything! Relax and enjoy the
shady covered porch and the custom patio with firepit and sitting
wall. Privacy is guaranteed with a 100' Neuse Riparian Buffer
behind the property. And don't miss these extras - wainscoting,
huge primary closet, large 2nd floor laundry, guest room with
en-suite bath and walk in closet, vinyl privacy fencing surrounding
back yard! Exceptional location with new 540 entrance just 1.6
miles away and I-40 approx 2 miles away.
Unit Size
2,950 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$181
Property Type
House
Property Taxes
$213
HOA Dues
$150
Year Built
2018
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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 #10078580)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Price Decreased |
$535,000
↓ $8K
(1.5%) | |
| Price Decreased | |||
| May 8, 2025 | Price Decreased |
$543,000
↓ $7K
(1.3%) | |
| Price Decreased | |||
| Mar 28, 2025 | Price Decreased |
$549,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Johnston
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Listed by: Melissa Schambs, Berkshire Hathaway HomeService
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10078580
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10078580
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