$253,000
●
House -
Off Market
386 Forest Woods Drive
Raeford, NC 28376
3 Beds
2 Baths
1,445 Ft²
$1,277
Est. Monthly
About This Property
Beautiful updated home offering modern touches and thoughtful
upgrades throughout. Step inside to an inviting open layout
featuring a spacious living area with vaulted ceilings and plenty
of natural light. The kitchen has been refreshed with stainless
steel GE appliances, new backsplash, and updated fixtures. Both
bathrooms have been tastefully renovated with new flooring,
vanities, and hardware. The primary suite includes a large closet
with built-ins and an updated bath with new plumbing, fixtures, and
finishes. Enjoy outdoor living on the refinished deck overlooking a
private, tree-lined backyard. Additional highlights include new
carpet in bedrooms, freshly painted interiors, updated lighting, a
smart thermostat, and security system equipment. Major systems such
as the roof and HVAC were replaced in 2023. Conveniently located
near shopping, dining, medical facilities, and Fort Liberty. This
home combines comfort, style, and practical updates-all ready for
its next owner to enjoy.
Unit Size
1,445 Ft²
Days on Market
-
Land Size
-
Price per sqft
$180
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1996
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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: 10 months ago (TMLS #LP752729)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Nov 11, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Listed by MILITARY FAMILY REALTY LLC | $259,900 | |
| Listed by MILITARY FAMILY REALTY LLC | |||
| Apr 2, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | Listed by MILITARY FAMILY REALTY LLC | $220,000 | |
| Listed by MILITARY FAMILY REALTY LLC | |||
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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 Hoke
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Listed by: DIETCHI THOMAS, MILITARY FAMILY REALTY LLC
Last Updated: 10 months ago
Data Source: TMLS, MLS# LP752729
Last Updated: 10 months ago
Data Source: TMLS, MLS# LP752729
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