$410,000
●
House -
Off Market
302 D L Phillips (Lot 1) Lane
Broadway, NC 27505
3 Beds
2 Baths
2,042 Ft²
$2,139
Est. Monthly
About This Property
Spacious brand-new ranch home on a 1.44-acre lot with a 3-car
garage and no HOA! Enjoy the ease of one-level living in this
thoughtfully designed open floor plan, perfect for both everyday
comfort and entertaining. The inviting family room features a gas
log fireplace and flows seamlessly into the kitchen, which
showcases white shaker cabinetry, granite countertops, a beautiful
mosaic tile backsplash, and a large walk-in pantry. The dining area
connects directly to the kitchen and opens to a bright sunroom,
offering access to the covered back porch, ideal for relaxing or
entertaining outdoors. This split-bedroom layout includes two
spacious secondary bedrooms, a full bath, a versatile flex room
perfect for a home office or hobby space, and a conveniently
located laundry room. The private primary suite is a true retreat
with a tray ceiling, a spacious ensuite bath, and an oversized
walk-in closet. Situated on a generous 1.44-acre lot with endless
possibilities and no HOA restrictions, this brand-new home offers
space, privacy, and freedom, a rare finds in today's market!
Unit Size
2,042 Ft²
Days on Market
-
Land Size
1.44 acres
Price per sqft
$213
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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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: 5 months ago (TMLS #LP757523)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Feb 17, 2026 | Listed by COLDWELL BANKER ADVANTAGE - FAYETTEVILLE | $435,500 | |
| Listed by COLDWELL BANKER ADVANTAGE - FAYETTEVILLE | |||
Property Highlights
Garage
Fireplace
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Harnett
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Listed by: GRULLON TEAM POWERED BY COLDWELL BANKER ADVANTAGE, COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Last Updated: 5 months ago
Data Source: TMLS, MLS# LP757523
Last Updated: 5 months ago
Data Source: TMLS, MLS# LP757523
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