$287,900
↓ $1K (0.3%)
●
House -
For Sale
305 1st Street
Broadway, NC 27505
3 Beds
2 Baths
1,443 Ft²
$1,584
Est. Monthly
About This Property
Beautiful ranch steps to charming downtown Broadway, with a rocking
chair front porch and screened porch. Features a bright floor plan
including a stunning kitchen with quartz countertops, tile
backsplash, and stainless steel appliances. Beautiful laminate
hardwood flooring, plush carpet, designer interior paint, and new
windows throughout. Outside, a huge, flat backyard gives you room
to spread out. This is the small-town living you've been looking
for but still only 15 minutes from downtown Sanford and 40 minutes
to Fort Bragg. This is the one you've been waiting for! Staged
photos for illustration only, to show the home's potential.
Unit Size
1,443 Ft²
Days on Market
68 days
Land Size
0.28 acres
Price per sqft
$200
Property Type
House
Property Taxes
$170
HOA Dues
-
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: 20 days ago (TMLS #10186589)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$287,900
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Sep 11, 2026 | Price Decreased |
$288,900
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by Northside Realty Inc. | $289,900 | |
| Listed by Northside Realty Inc. | |||
Property Highlights
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Driveway, Gravel
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Open Floorplan, Bathtub/Shower Combination, Quartz Counters, Smooth Ceilings
Appliances: Dishwasher, Electric Range, Microwave, Stainless Steel Appliance(s), Water Heater
Flooring Type: Carpet, Laminate, Wood
Door Features: French Doors
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
Rooms: 9
Basement: Crawl Space
Exterior Details
Square Footage: 1443
Architectural Style: Ranch
Year Built: 1985
Building Area Total: 1443
Levels: One
Other Structures: Outbuilding, Shed(s), Storage
Construction Materials: Frame
Patio and Porch Features: Covered, Enclosed, Front Porch, Porch, Screened
Lot Features: Landscaped
Lot Size Area: 0.28
Lot Size Units: Acres
Lot Size Acres: 0.28
Lot Size Square Feet: 12197
Water Source: Public
Financial Details
Tax Map Number: 18
Tax Assessed Value: $157,100
Tax Annual Amount: $2,036
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump
Sewer : Public Sewer
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 Broadway
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Currently no similar homes aroundNearby Rentals
Listed by: Stephanie Anson, Northside Realty Inc.
Last Updated: 20 days ago
Data Source: TMLS, MLS# 10186589
Last Updated: 20 days ago
Data Source: TMLS, MLS# 10186589
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