$249,000
●
Mobile Manufactured -
In Contract
411 Falcon Run
Middlesex, NC 27557
3 Beds
2 Baths
1,618 Ft²
$1,332
Est. Monthly
About This Property
Welcome home to this beautifully updated 3-bedroom, 2-bathroom
retreat set on a sprawling 1.11 acres offering the space and
privacy you've been searching for, with NO HOA and NO covenants!
Step inside to find stylish updated flooring throughout and
modern lighting fixtures that add a fresh, contemporary touch to
every room. The kitchen is a true showstopper, featuring gleaming
granite countertops, a chic subway tile backsplash, and sleek
stainless steel appliances perfect for everyday living and
entertaining alike. With over an acre of land, there's plenty
of room to garden, play, park equipment, or simply enjoy the
outdoors without restrictions. This move-in ready home combines
modern updates with the freedom of no HOA, a rare find!
Unit Size
1,618 Ft²
Days on Market
-
Land Size
1.11 acres
Price per sqft
$154
Property Type
Mobile Manufactured
Property Taxes
$109
HOA Dues
-
Year Built
2000
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: 8 days ago (TMLS #10187031)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2026 | In contract | - | |
| In contract | |||
| Sep 29, 2026 | Price Decreased |
$249,000
↓ $6K
(2.4%) | |
| Price Decreased | |||
| Aug 18, 2026 | Listed by FAB Real Estate Services, LLC | $255,000 | |
| Listed by FAB Real Estate Services, LLC | |||
| Mar 29, 2019 | Sold | ||
| Sold | |||
| Sep 6, 2018 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway
Interior Details
Full Bathrooms: 2
Interior Features: Double Vanity, Eat-in Kitchen, Granite Counters, Open Floorplan, Soaking Tub, Walk-In Closet(s), Kitchen/Dining Room Combination, Living/Dining Room Combination, Separate Shower
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Flooring Type: Luxury Vinyl
Laundry Features: Inside, Laundry Room
Rooms: 8
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Exterior Details
Square Footage: 1618
Property Condition: Updated/Remodeled
Architectural Style: Ranch, Traditional
Year Built: 2000
Building Area Total: 1618
Levels: One
Other Structures: Shed(s)
Construction Materials: Vinyl Siding
Patio and Porch Features: Deck, Front Porch
Lot Features: Back Yard, Cul-De-Sac
Lot Size Area: 1.11
Lot Size Units: Acres
Lot Size Acres: 1.11
Lot Size Square Feet: 48351
Water Source: Well
Financial Details
Tax Map Number: 58
Tax Assessed Value: $205,540
Tax Annual Amount: $1,305
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Forced Air, Heat Pump
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Johnston
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Listed by: Laura Thompson Vevurka, FAB Real Estate Services, LLC
Last Updated: 8 days ago
Data Source: TMLS, MLS# 10187031
Last Updated: 8 days ago
Data Source: TMLS, MLS# 10187031
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