$435,000
●
House -
Off Market
202 Hillmont Drive
Garner, NC 27529
5 Beds
3 Baths,
1
Half Bath
2,706 Ft²
$2,459
Est. Monthly
$48
HOA / Fees
5.57%
Cap Rate
About This Property
Welcome to 202 Hillmont Drive, Garner, NC 27529!
Built in 2021, this stunning 5-bedroom, 3.5-bath home offers approximately 2,700 sq. ft. of modern living space designed for comfort and convenience. This property is move-in ready and full of thoughtful upgrades with an Assumable VA loan. Up to $3,000 in buyer closing costs when using Advantage Lending.
Interior Highlights
Step inside to find an open floor plan that seamlessly blends style and functionality. The kitchen boasts granite countertops, sleek cabinetry, and plenty of workspace-perfect for both everyday meals and entertaining. The spacious living area features a cozy fireplace, while durable laminate flooring and plush carpeted bedrooms provide both elegance and comfort.
The first-floor primary suite offers a private retreat with ample space and convenience, while additional bedrooms provide flexibility for family, guests, or a home office. With 3.5 baths, everyone has room to unwind.
Energy & Lifestyle Upgrades
This home is equipped with solar panels, offering energy efficiency and cost savings. The 3-car garage provides abundant storage and parking, and an additional shed in the backyard adds even more utility.
Outdoor Living
The property's backyard is ideal for gatherings, gardening, or simply relaxing, with enough space for your vision to come to life.
Location & Community
Situated in Garner, this home provides the perfect balance of small-town charm and proximity to the Triangle. You'll enjoy:
Quick access to Raleigh for work or play.
Nearby shopping, dining, and entertainment at White Oak Crossing.
Beautiful parks like Lake Benson Park for walking trails, boating, and outdoor activities.
Easy commutes via I-40 and US-70.
Built in 2021, this stunning 5-bedroom, 3.5-bath home offers approximately 2,700 sq. ft. of modern living space designed for comfort and convenience. This property is move-in ready and full of thoughtful upgrades with an Assumable VA loan. Up to $3,000 in buyer closing costs when using Advantage Lending.
Interior Highlights
Step inside to find an open floor plan that seamlessly blends style and functionality. The kitchen boasts granite countertops, sleek cabinetry, and plenty of workspace-perfect for both everyday meals and entertaining. The spacious living area features a cozy fireplace, while durable laminate flooring and plush carpeted bedrooms provide both elegance and comfort.
The first-floor primary suite offers a private retreat with ample space and convenience, while additional bedrooms provide flexibility for family, guests, or a home office. With 3.5 baths, everyone has room to unwind.
Energy & Lifestyle Upgrades
This home is equipped with solar panels, offering energy efficiency and cost savings. The 3-car garage provides abundant storage and parking, and an additional shed in the backyard adds even more utility.
Outdoor Living
The property's backyard is ideal for gatherings, gardening, or simply relaxing, with enough space for your vision to come to life.
Location & Community
Situated in Garner, this home provides the perfect balance of small-town charm and proximity to the Triangle. You'll enjoy:
Quick access to Raleigh for work or play.
Nearby shopping, dining, and entertainment at White Oak Crossing.
Beautiful parks like Lake Benson Park for walking trails, boating, and outdoor activities.
Easy commutes via I-40 and US-70.
Unit Size
2,706 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$163
Property Type
House
Property Taxes
$250
HOA Dues
$48
Year Built
2021
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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: 8 months ago (TMLS #10122618)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Dec 20, 2025 | Price Decreased |
$439,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Oct 17, 2025 | Price Decreased |
$444,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Sep 18, 2025 | Listed by eXp Realty, LLC - C | $450,000 | |
| Listed by eXp Realty, LLC - C | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
Price/ft²
Price/ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Johnston
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Listed by: Adam Noe, eXp Realty, LLC - C
Last Updated: 8 months ago
Data Source: TMLS, MLS# 10122618
Last Updated: 8 months ago
Data Source: TMLS, MLS# 10122618
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