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Cumberland 28348 South View
3541 Lubbock Drive
$165,000
● House - Off Market

3541 Lubbock Drive

Hope Mills, NC 28348
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,159 Ft²
$811
Est. Monthly

About This Property

Located in an established neighborhood sits this cute 3 bed 2 bath ranch. Is perfect for a first time home buyer or investor. Upgraded cabinets, deck, updated baths, laminate flooring and fenced yard.
Unit Size
1,159 Ft²
Days on Market
-
Land Size
-
Price per sqft
$142
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #LP719683)

Price History

Date / Event Date Event Price
Mar 27, 2024 Sold
Premium
Sold
Feb 16, 2024 Listed by KELLER WILLIAMS REALTY (FAYETTEVILLE) $165,000
Listed by KELLER WILLIAMS REALTY (FAYETTEVILLE)
Apr 27, 2017 Sold
Premium
Sold
Sep 13, 2016 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2016
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,549
  • Lot Size Frontage Feet: 524
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 21
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEGION HILLS
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: R101
  • Legal Description 1: LEGION HILLS LO36 SE01 PL0086-0002 UN01

Neighborhood

  • School District Name: Cumberland County Schools
  • School Tax School District: 0051-FIRE-SERV-
  • Census Tract: 001603

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: PB 86 PG 2
  • Section: 1
  • Parcel: 0425-11-2866
  • Block: 11
  • Lot: 36
  • Latitude: 34.9916
  • Longitude: -78.929

    Address

  • Full Address: 3541 Lubbock Dr
  • Address - House Number: 3541
  • Address - Street Name: Lubbock
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Hope Mills
  • Carrier Code: R005
  • 4-Digit Zip Code: 8505
  • Zip Code: 28348

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $109,999
  • Tax Rate Code Area: 0051

    Appraisal Valuation

  • Standard Deviation: 0.2219
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 69
  • Final Value: 196,983
  • High Value: 240,703
  • Low Value: 153,263

    Market Valuation

  • Market Total Value: $97,115
  • Market Land Value: $15,000
  • Market Improvement Value: $82,115

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,115
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $82,115

    Sales

  • Current Sale Contract Date: Mar 12, 2024
  • Current Sale Recording Date: Mar 27, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8570
  • Previous Sale Recording Date: Apr 27, 2017
  • Previous Sale Contract Date: Apr 27, 2017
  • Previous Sale Amount: $112,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South View

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1748 ft²

Average Home Age

28.9 years

Currently For Sale

148 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 727 Veda Street, Fayetteville, NC, 28306

$1,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,503 ft²
727 Veda Street #1, Fayetteville, NC, 28306 Listing by THE RENTAL MANAGEMENT FIRM II
Unit for rent at 3539 Hanover Drive, Hope Mills, NC, 28348

$1,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,250 ft²
3539 Hanover Drive, Hope Mills, NC, 28348 Listing by LINDA BULLA
Unit for rent at 3752 Masters Drive, Hope Mills, NC, 28348

$1,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,511 ft²
3752 Masters Drive, Hope Mills, NC, 28348 Listing by MICHAEL KNOWLIN

Rentals Near You

Click here to view more rentals in the neighborhood.
TMLS

Listed by: MAGNOLIA SOUTHERN HOMES, KELLER WILLIAMS REALTY (FAYETTEVILLE)
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP719683
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.

Frequently Asked Questions

When was property at 3541 Lubbock Drive built and last sold?
The property at 3541 Lubbock Drive was built in 1997 and last sold on Mar 12, 2024 for $165,000.
How much is this home worth?
The estimated value of the home located at 3541 Lubbock Drive is $0.
What are some comparable homes to 3541 Lubbock Drive?
There are currently no comparable homes to 3541 Lubbock Drive.
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