$310,000
●
House -
Off Market
2107 Spring Lane
Sanford, NC 27330
3 Beds
2 Baths,
1
Half Bath
$427,768
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Self Tours Available with Key less Entry. GORGEOUS 3bd + BONUS home
w/ bright open floor plan & upgrades galore! Home features a custom
designed kitchen w/ new shaker cabinets, granite, glass tile
backsplash, & SS appliances. Beautiful refinished hardwoods in main
living areas, new plush carpet and designer interior paint! AWESOME
large master suite w/ sitting room, double vanity & tile shower!
Bonus rm w/ wet bar. HUGE lot with LARGE decks perfect for
entertaining! New roof, HVAC in 2020. Convenient to US1, shops &
restaurants. Move in & enjoy!
Unit Size
-
Days on Market
-
Land Size
0.63 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992
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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 #LP630498)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed by LPT Realty, LLC | $459,900 | |
| Listed by LPT Realty, LLC | |||
| | |||
|
Don't miss this opportunity in the desirable west side of Sanford! Gorgeous 3-bedroom, 2.5-bath home featuring hardwood floors throughout most of the home. Upstairs you will find two guest bedrooms and a third, spacious primary suite with vaulted ceilings, window reading nook and a tiled walk-in shower. Just off the pirmary you will find a massive loft/bonus room with a wet bar and deck access. Downstairs, you will find the kitchen boasting granite countertops, tiled backsplash and gas stove. The cozy living room has a natural gas fireplace with a screened deck right off it. Don't forget about the sunlit dining room and large laundry/mudroom with a separated sink. Outside, enjoy a private fenced backyard with a firepit, two-tiered deck, storage shed and a circular gravel driveway in front of your future two car garage.
| |||
| Oct 27, 2020 | Sold | ||
| Sold | |||
| Aug 1, 2020 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
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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 Sanford
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Listed by: RALPH HARVEY, LISTWITHFREEDOM.COM
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP630498
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP630498
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