$242,150
●
House -
Off Market
334 Somerset Drive
Raeford, NC 28376
3 Beds
2 Baths
1,719 Ft²
$242,969
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
3 Bedrooms, 2 full baths plus a huge bonus room with over 1,700 on
a large lot in Raeford with no city taxes or HOA! Remodeled in 2018
with new HVAC, new roof, new water heater, new light fixtures
throughout & more. Large great room with a vaulted ceiling. Eat-in
kitchen with granite counters, SS appliances, subway tile
backsplash & hands free faucet. Spacious master suite with a WIC,
jetted tub, dual vanity with vessel sinks & granite counter.
Updated full guest bath with granite countertop & vessel sink. All
bedrooms & great room has a ceiling fan. Laundry room is inside.
Upstairs you'll find an oversized bonus room. Huge double car
garage and huge backyard with privacy fence & deck. Close to FT.
Bragg & Hoke County hospitals. Security system w/cameras to remain.
Unit Size
1,719 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$137
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003
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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: 2 years ago (TMLS #LP686679)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by COLDWELL BANKER ADVANTAGE - FAYETTEVILLE | $235,000 | |
| Listed by COLDWELL BANKER ADVANTAGE - FAYETTEVILLE | |||
| Mar 13, 2018 | Sold | ||
| Sold | |||
| Dec 18, 2017 | Sold | ||
| Sold | |||
| Nov 6, 2017 | Listed by COLDWELL BANKER ADVANTAGE - FAYETTEVILLE | $106,900 | |
| Listed by COLDWELL BANKER ADVANTAGE - FAYETTEVILLE | |||
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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
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Type
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ft²
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About Hoke
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Listed by: GRULLON TEAM POWERED BY COLDWELL BANKER ADVANTAGE, COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP686679
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP686679
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