$60,000
●
Land -
Off Market
231 N Vass Road
Raeford, NC 28376
Studio
0 Bath
$320
Est. Monthly
About This Property
Welcome to 271 N Vass Road in Raeford, NC-a prime 1.1-acre
residential lot ready for your vision! This undeveloped property
offers ample space to build your dream home in a peaceful and
convenient location.With public water and sewer available, you can
enjoy the ease of modern utilities while crafting a home that suits
your unique needs. The lot's generous size provides endless
possibilities, whether you're envisioning a sprawling single-family
residence, a lush backyard oasis, or room for outdoor
hobbies.Situated just minutes from downtown Raeford, local schools,
and shopping, this property blends rural charm with the convenience
of nearby amenities. Easy access to major highways ensures a smooth
commute to Fayetteville, Fort Liberty, and surrounding areas.Don't
miss this opportunity to own a piece of land with so much
potential-call today to make this property yours and start building
the future you've always imagined!
Unit Size
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Days on Market
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Land Size
1.10 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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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 #LP735522)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 20, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Price Decreased |
$64,999
↓ $4K
(5.8%) | |
| Price Decreased | |||
| Dec 4, 2024 | Price Decreased |
$68,999
↓ $1K
(1.4%) | |
| Price Decreased | |||
| Nov 26, 2024 | Listed by LPT REALTY LLC | $69,999 | |
| Listed by LPT REALTY LLC | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
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ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Silver City
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Listed by: SAMANTHA PETERSON, LPT REALTY LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP735522
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP735522
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