$375,000
↓ $20K (5.1%)
●
House -
For Sale
245 Stephens Timberline View
Clayton, NC 27520
4 Beds
2 Baths,
1
Half Bath
2,018 Ft²
$2,075
Est. Monthly
$30
HOA / Fees
About This Property
Located on an expansive 0.44-acre lot in Clayton's sought-after
Stephens Ridge community, this spacious 2,049-square-foot home at
245 Stephens Timberline View offers the perfect blend of modern
luxury and functional main-floor living for $395,000. The
open-concept design features a gourmet kitchen with granite
countertops, stainless steel appliances, and a massive center
island that flows seamlessly into the bright living areas. The
desirable first-floor primary suite provides ultimate privacy with
its dual vanity, walk-in shower, and spacious walk-in closet.
Upstairs, the residence offers exceptional versatility with two
additional bedrooms-both equipped with walk-in closets-a large
loft, a flexible bonus room ideal for a home office, and extensive
walk-in attic storage. Combining a peaceful suburban lifestyle with
easy access to downtown Clayton's dining, shopping, and trails,
this 3-bedroom, 2.5-bathroom property is an exceptional real estate
opportunity.
Unit Size
2,018 Ft²
Days on Market
69 days
Land Size
0.44 acres
Price per sqft
$186
Property Type
House
Property Taxes
$204
HOA Dues
$30
Year Built
2022
Listed By
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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 months ago (TMLS #10186680)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2026 | Price Decreased |
$375,000
↓ $20K
(5.1%) | |
| Price Decreased | |||
| Aug 15, 2026 | Listed by Mark Spain Real Estate | $395,000 | |
| Listed by Mark Spain Real Estate | |||
| Dec 8, 2022 | Sold | ||
| Sold | |||
| Sep 28, 2022 | Listed by Cary-Raleigh Realty, Inc. | $369,000 | |
| Listed by Cary-Raleigh Realty, Inc. | |||
| | |||
|
MOVE RIGHT IN!! Brand new home completed construction in July 2022 featuring open concept Kent floor plan with 2 story living room and master on main floor. Bright and open kitchen with stainless steel appliances, granite countertops, huge kitchen island & eat in area. First floor master bedroom with dual vanity, walk in closet and walk in shower. Upstairs versatile loft plus 3 additional bedrooms with walk in closets. Lots of storage in the floored attic. Almost half acre on a lot! Must See!!
| |||
| Sep 20, 2022 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Pantry, Tray Ceiling(s), Walk-In Closet(s), Room Over Garage, Separate Shower, Walk-In Shower, Water Closet
Appliances: Electric Cooktop, Electric Oven, Microwave, Refrigerator
Flooring Type: Carpet, Laminate, Vinyl
Laundry Features: Laundry Room, Lower Level
Rooms: 12
Exterior Details
Square Footage: 2018
Architectural Style: Traditional
Year Built: 2022
Building Area Total: 2018
Levels: Bi-Level
Construction Materials: Vinyl Siding
Patio and Porch Features: Deck, Front Porch, Porch
Lot Features: Back Yard, Level
Lot Size Area: 0.44
Lot Size Units: Acres
Lot Size Acres: 0.44
Lot Size Square Feet: 19166.4
Water Source: Public
Financial Details
Tax Assessed Value: $384,750
Tax Annual Amount: $2,443
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central, Forced Air, None
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Management
HOA Fee: $360
HOA Fee Frequency: Annually
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: Margaret McPhail, Mark Spain Real Estate
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10186680
Last Updated: 2 months ago
Data Source: TMLS, MLS# 10186680
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