$352,084
●
House -
For Sale
295 Palm Drive
Sanford, NC 27332
5 Beds
3 Baths
2,368 Ft²
$1,794
Est. Monthly
$65
HOA / Fees
About This Property
Discover 295 Palm Drive at Laurel Oaks in Sanford, NC. This Robie
floor plan offers 5 bedrooms, 3 bathrooms, approximately 2,368
square feet of thoughtfully designed living space, and a 2-car
garage. The main level features an open-concept layout that
connects the kitchen, dining area, and family room, creating a
comfortable space for everyday living and entertaining. The kitchen
is appointed with quartz countertops, stainless steel appliances, a
spacious island, and a walk-in pantry for added storage. A
first-floor bedroom and full bathroom provide flexibility for
guests, a home office, or multi-generational living. Upstairs, the
primary suite offers a walk-in closet, dual vanities, and a walk-in
shower. Three additional bedrooms, a full bathroom, a centrally
located laundry room, and a versatile loft provide plenty of space
to fit your needs. With its functional layout and flexible
living spaces, this home is designed to make everyday living easy
and enjoyable. Photos are not of the actual home or interior
features and are representative of the floor plan only.
Unit Size
2,368 Ft²
Days on Market
25 days
Land Size
0.21 acres
Price per sqft
$149
Property Type
House
Property Taxes
-
HOA Dues
$65
Year Built
-
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: 24 days ago (TMLS #10178580)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2026 | Relisted | $352,084 | |
| Relisted | |||
| Aug 19, 2026 | Price Decreased |
$354,000
↓ $4K
(1.3%) | |
| Price Decreased | |||
| Jul 20, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Listed by D.R. Horton, Inc. | $358,490 | |
| Listed by D.R. Horton, Inc. | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Double Vanity, Kitchen Island, Open Floorplan, Pantry, Smart Home, Smart Thermostat, Walk-In Closet(s), Bathtub/Shower Combination, Dual Closets, Kitchen/Dining Room Combination, Living/Dining Room Combination, Quartz Counters, Separate Shower, Smooth Ceilings, Walk-In Shower, Water Closet
Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Microwave, Stainless Steel Appliance(s), Water Heater
Flooring Type: Carpet, Luxury Vinyl
Laundry Features: Electric Dryer Hookup, Laundry Room, Upper Level, Washer Hookup
Rooms: 8
Exterior Details
Square Footage: 2368
Security Features: Smoke Detector(s)
Architectural Style: Traditional
Year Built: 2026
Builder Name: D.R. Horton
Builder Model: Robie
Building Area Total: 2368
Levels: Two
Other Structures: None
Window Features: Double Pane Windows, Screens
Construction Materials: Board & Batten Siding, Brick Veneer, Stone Veneer, Vinyl Siding
Patio and Porch Features: Patio
Lot Features: Back Yard, Front Yard, Landscaped
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Lot Size Square Feet: 9234.72
Water Source: Public
Utilities Details
Cooling Type: Central Air, Zoned
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA/Condo/Coop Amenities: Clubhouse, Playground, Pool
HOA Fee: $65
HOA Fee Frequency: Monthly
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 Sanford
Similar Homes for Sale
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Listed by: Kenneth Ward, D.R. Horton, Inc.
Last Updated: 24 days ago
Data Source: TMLS, MLS# 10178580
Last Updated: 24 days ago
Data Source: TMLS, MLS# 10178580
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
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