281 Highgrove Drive
About This Property
Step into a bright, open-concept main floor featuring a large family room with a cozy gas fireplace, perfect for relaxing evenings. The formal dining room impresses with coffered ceilings and elegant trim work, while the gourmet kitchen shines with:
A large center island with bar seating
Quartz countertops & subway tile backsplash
Stainless steel appliances
Farmhouse sink & pendant lighting
Two-tone cabinetry with soft-close drawers
Walk-in pantry for extra storage
The kitchen seamlessly connects to the dining and living areas, creating an ideal flow for entertaining.
Upstairs, the owner's suite is a true retreat - spacious and bright, with a tray ceiling, neutral paint tones, and a large walk-in closet. The ensuite bathroom features:
Dual vanities with modern lighting
Walk-in glass shower
Relaxing soaking tub with decorative frosted window
Updated wood-look flooring and stylish finishes
The home includes five total bedrooms, each with generous space and natural light. One bedroom is conveniently located on the main level, perfect for guests or multi-generational living.
The bonus room upstairs offers endless possibilities - ideal for a media room, playroom, home office, or gym.
Located in the sought-after Highgrove at Anderson Creek neighborhood, this home offers peace and convenience. Enjoy easy access to:
Fort Liberty (formerly Fort Bragg) - short commute for military families
Anderson Creek Golf Club & County Park - with hiking, fishing, and recreation
Nearby shopping, dining, and schools
A quick drive to Fayetteville, Lillington, and Sanford
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Oct 19, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Listed by eXp Realty, LLC - C | $379,900 | |
| Listed by eXp Realty, LLC - C | |||
| Jun 28, 2022 | Sold | ||
| Sold | |||
| May 30, 2022 | Listed by eXp Realty, LLC - C | $342,000 | |
| Listed by eXp Realty, LLC - C | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017