$205,000
●
House -
Off Market
3590 Calloway Road
Raeford, NC 28376
3 Beds
2 Baths
$220,341
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Private and ranch style home with over 2 acres of land in Raeford.
One story features 3 bedrooms and 2 full baths. Spacious
great room with dining room area. Eat in kitchen with nook
and breakfast area. Owners suite has double vanity with a large
garden tub and separate shower along with huge walk in closet.
Rear of home features porch with fenced in backyard.
Double car garage! New HVAC unit in 2021! New Barn with
approximately 1/4 of acre enclosed fenced in area that currently
houses the sellers miniature horses.
Unit Size
-
Days on Market
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Land Size
2.10 acres
Price per sqft
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Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005
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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 #LP670678)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | Listed by DREAMS MADE REALTY GROUP | $270,000 | |
| Listed by DREAMS MADE REALTY GROUP | |||
| | |||
|
Imagine peaceful, private, tranquility! Rested on 2.1 acres is this incredible 3 bd, 2 ba ranch style home. So much love and work has been poured into improving this property to be dreamy! Walk into the foyer on new luxury Vinyl Plank flooring that extends throughout. The kitchen is fully equipped w/everything needed to serve! The spacious great room is perfect for a family of any size ready to create amazing memories. It could be divided into two separate spaces if desired. Owners' suite easily fits a king size bed and has views of nature! The bathroom has double vanity with a large garden tub and separate shower along w/huge walk-in closet. Guest ba is situated between the 2 guest bds. Now view the photos of the full property. Bring your horses and ATV to make full use of the acreage. Rear of home has a porch to cover on rainy days. The Carolina Horse Park is a walk away where you can enjoy horse shows and food vendors. Ft. Liberty access point is a 20min drive via Chicken Foot Rd.
| |||
| Dec 2, 2021 | Sold | ||
| Sold | |||
| Oct 16, 2021 | Listed by CASA MORGAN REAL ESTATE, LLC | $200,000 | |
| Listed by CASA MORGAN REAL ESTATE, LLC | |||
| Feb 13, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Five Points
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Listed by: ERICA MORGAN, CASA MORGAN REAL ESTATE, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP670678
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP670678
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