$240,000
●
House -
Off Market
2804 Spring Cress Drive
Hope Mills, NC 28348
4 Beds
2 Baths
1,577 Ft²
$1,179
Est. Monthly
About This Property
Wonderful 4 bed 2 bath ranch home with bonus room! Located in this
established subdivision this 4 bed 2 bath home has a large living
area with valued ceilings and fireplace. Spacious kitchen with tons
of storage and bay window dining area, large master suite with en
suite has soaker tub and stand alone shower. The other guest rooms
and bathrooms are downstairs and area also generous in size.
Upstairs you will find a completed bonus room with closet which
could be the 4th bedroom or flex space. Sit on the patio and enjoy
the fenced backyard that comes with a nice storage shed. The home
has NEW carpet and NEW paint throughout. Come take a look at this
well manicured home while it still lasts.
Unit Size
1,577 Ft²
Days on Market
-
Land Size
-
Price per sqft
$152
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2004
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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 #LP729654)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | Listed by KELLER WILLIAMS REALTY (FAYETTEVILLE) | $240,000 | |
| Listed by KELLER WILLIAMS REALTY (FAYETTEVILLE) | |||
| | |||
|
Wonderful 4 bed 2 bath ranch home with bonus room! Located in this established subdivision this 4 bed 2 bath home has a large living area with valued ceilings and fireplace. Spacious kitchen with tons of storage and bay window dining area, large master suite with en suite has soaker tub and stand alone shower. The other guest rooms and bathrooms are downstairs and area also generous in size. Upstairs you will find a completed bonus room with closet which could be the 4th bedroom or flex space. Sit on the patio and enjoy the fenced backyard that comes with a nice storage shed. The home has NEW carpet and NEW paint throughout. Come take a look at this well manicured home while it still lasts.
| |||
| Jan 16, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2017 | Sold | ||
| Sold | |||
| Aug 30, 2013 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 South View
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: MAGNOLIA SOUTHERN HOMES, KELLER WILLIAMS REALTY (FAYETTEVILLE)
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP729654
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP729654
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