$220,000
●
House -
Off Market
197 Melody Lane
Cameron, NC 28326
4 Beds
2 Baths,
1
Half Bath
$331,781
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Check out this gorgeous remodeled home in Forest Ridge. Home
features new flooring on main level, new paint throughout home, and
new lighting throughout! You have to see this home to appreciate
all its beauty. Picture yourself sitting in your modern living room
with a roaring fire in the wood burning fireplace. Kitchen is
complete with granite countertops, copper backsplash, and stainless
steel appliances. All bathroom have been updated as well, complete
with gorgeous mirrors. Need storage? Look no further-lots of
closets up and downstairs. All bedrooms are upstairs. No back yard
neighbors!Walking distance to the Twisted Grape!
Unit Size
-
Days on Market
-
Land Size
0.70 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994
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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 #LP601607)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2023 | Listed by COLDWELL BANKER ADVANTAGE #3-SOUTHERN PINES | $315,000 | |
| Listed by COLDWELL BANKER ADVANTAGE #3-SOUTHERN PINES | |||
| | |||
|
Welcome to 197 Melody Lane, a charming and cozy home nestled in a quaint neighborhood of Cameron, North Carolina. This well-maintained property offers a formal dining room, large living room filled with natural lighting and a fireplace. Kitchen features granite countertops and SS appliances. All bedrooms are located upstairs and have large closets! Primary suite has double sinks, a shower, and a large soaking tub. Large fenced in backyard ready to entertain guests on the back patio or by the fire pit! Home is within walking distance of the Twisted Grape and a short commute to Fort Liberty!
| |||
| Jan 24, 2022 | Sold | ||
| Sold | |||
| May 2, 2019 | Sold | ||
| Sold | |||
| Feb 26, 2019 | Listed by COLDWELL BANKER ADVANTAGE - FAYETTEVILLE | $224,900 | |
| Listed by COLDWELL BANKER ADVANTAGE - FAYETTEVILLE | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Harnett
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: MICHAEL SOLOMON, COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP601607
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP601607
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