50
Map
$250,000
●
House -
For Sale
3724 Masters Drive
Hope Mills, NC 28348
3 Beds
2 Baths
1,707 Ft²
$1,228
Est. Monthly
About This Property
Welcome to 3724 Masters Drive, an adorable 3-bedroom, 2-bathroom
ranch home tucked away in the well-established Golf Acres
neighborhood of Hope Mills. This charming residence features both
formal dining and living rooms, plus a cozy secondary living area
anchored by a classic fireplace. The functional kitchen is ready
for your culinary adventures and comes equipped with a brand-new
2026 refrigerator. As an added bonus, the seller is also leaving
the washer and dryer for your convenience! Hosting friends and
family is a breeze with an extra-large driveway providing plenty of
parking space, seamlessly complementing the attached one-car
garage. Step out back to discover your own private retreat: a
spacious backyard shaded by mature trees and featuring a wonderful
firepit, creating the ultimate setting for relaxing evenings and
weekend entertaining. With great updates-including a 2023 HVAC
system-and a fantastic outdoor setup, this Hope Mills gem is ready
for you to call it home!
Unit Size
1,707 Ft²
Days on Market
82 days
Land Size
-
Price per sqft
$146
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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: 3 months ago (TMLS #LP767623)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | Listed by EXP REALTY LLC | $250,000 | |
| Listed by EXP REALTY LLC | |||
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 17, 2024 | Listed by NORTHGROUP REAL ESTATE | $235,000 | |
| Listed by NORTHGROUP REAL ESTATE | |||
| | |||
|
This adorable Rancher in the heart of Hope Mills features 3 bedrooms and 2 baths and is situated in a nice and well established neighborhood. When entering the home you will find a nice size formal living room right next to the dining room. The charming galley kitchen is close to another living room with a fireplace. The pantry/laundry room has access to the one-car garage. The 3 spacious bedrooms have lots of natural light and ample closet space. The backyard offers privacy with all its mature trees and plants. HVAC was installed in 2023 and the roof is in the process of getting replaced in the week of August 19.
| |||
| Nov 24, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Entrance Foyer, Walk-In Closet(s), Primary Downstairs
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring Type: Hardwood, Tile, Vinyl
Rooms: 7
Has Fireplace
Fireplace Features: Masonry
Fireplaces: 1
Exterior Details
Square Footage: 1707
Architectural Style: Ranch
Year Built: 1976
Building Area Total: 1707
Window Features: Insulated Windows
Patio and Porch Features: Covered, Front Porch, Patio
Utilities Details
Heating Type: Heat Pump
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About South View
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Listed by: WENDY WIEGAND, EXP REALTY LLC
Last Updated: 3 months ago
Data Source: TMLS, MLS# LP767623
Last Updated: 3 months ago
Data Source: TMLS, MLS# LP767623
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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