$130,000
●
House -
Off Market
302 N Farmer Drive
Benson, NC 27504
2 Beds
1 Bath
701 Ft²
$147,171
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Discover a piece of history in this charming 1930s rental property.
With 2 bedrooms and 1 bath, this home offers a cozy living space.
Updated 2 years ago with new floors and fresh paint, it blends
modern comfort with vintage character. A new roof was added in 2020
for added peace of mind. Situated on its own lot with a shared
drive, this property can be purchased alongside a neighboring home
for a seamless investment opportunity. The block is undergoing a
facelift, with new homes being built across the street, making it
an excellent investment opportunity. Don't miss out on this chance
to own a slice of history and be a part of an exciting
revitalization! Located within a block undergoing a facelift, this
property is surrounded by the excitement of new homes being built
across the street. If you're an investor seeking a stable rental
property with long-term tenants and an excellent location poised
for transformation, look no further. Neighboring home is 304 N
Farmer Dr. and we'd love to sell them together! Contact us today.
Unit Size
701 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$211
Property Type
House
Property Taxes
$39
HOA Dues
-
Year Built
1935
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 3 years ago (TMLS #2511248)
Price History
Property Highlights
Air Conditioning
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 Benson
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Amanda Williams, EXP Realty LLC
Last Updated: 3 years ago
Data Source: TMLS, MLS# 2511248
Last Updated: 3 years ago
Data Source: TMLS, MLS# 2511248
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.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017