$290,000
●
House -
Off Market
308 Derby Lane
Hope Mills, NC 28348
4 Beds
2 Baths,
1
Half Bath
$341,369
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
FRESHLY PAINTED with NEW CARPET! A well-maintained 4 bedrooms 2 and
a half bath home nestled in a quiet, well-sought Braxton Village
subdivision in Grays Creek School district. The house offers open
kitchen with lots of counter and cabinet space for all your kitchen
items, huge bedrooms and an enormous master bedroom walk-in closet.
It also features a formal dining that can be use as an office and a
huge inviting living room perfect for families and friends
gatherings. The Property is located in a subdivision that offers
great amenities to include Community pool and Playground which is
perfect for the entire family during the long hot summers of North
Carolina. Washer and dryer as a gift to the new owners! What are
you waiting for? Don't miss out on this great property, schedule
your showing today!
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$36
Year Built
2014
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Cap Rate Calculator
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Monthly Rental Income
Maintenance & HOA
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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: 2 years ago (TMLS #LP654339)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2021 | Sold | ||
| Sold | |||
| Apr 20, 2021 | Listed by HOMEZU | $287,000 | |
| Listed by HOMEZU | |||
| Jul 2, 2020 | Sold | ||
| Sold | |||
| Apr 12, 2020 | No longer available | - | |
| No longer available | |||
| Apr 11, 2020 | Listed by ON POINT REALTY | $265,000 | |
| Listed by ON POINT REALTY | |||
| | |||
|
FRESHLY PAINTED with NEW CARPET! A well-maintained 4 bedrooms 2 and a half bath home nestled in a quiet, well-sought Braxton Village subdivision in Grays Creek School district. The house offers open kitchen with lots of counter and cabinet space for all your kitchen items, huge bedrooms and an enormous master bedroom walk-in closet. It also features a formal dining that can be use as an office and a huge inviting living room perfect for families and friends gatherings. The Property is located in a subdivision that offers great amenities to include Community pool and Playground which is perfect for the entire family during the long hot summers of North Carolina. Washer and dryer as a gift to the new owners! What are you waiting for? Don't miss out on this great property, schedule your showing today!
| |||
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Property Highlights
Garage
Fireplace
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 Gray's Creek
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Listed by: SUSAN AYERS, HOMEZU
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP654339
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP654339
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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