$395,000
●
House -
Off Market
437 Timber Skip Drive
Spring Lake, NC 28390
4 Beds
2 Baths,
1
Half Bath
2,877 Ft²
$2,179
Est. Monthly
$219
HOA / Fees
5.37%
Cap Rate
About This Property
ASSUMABLE VA LOAN at 2.2% + Seller Paid Closing Costs of $5000!
Why pay today's rates when you can step into this like-new,
move-in ready home in a gated community with 24/7 security guard,
pool, clubhouse, and playground! This spacious beauty features a
formal dining room, private office/study, and trey ceilings
throughout. The chef's kitchen boasts granite countertops and opens
to large living spaces. Upstairs bonus room provides endless
options. Primary suite includes trey ceilings, a walk-in closet,
garden tub, and separate shower. Mudroom off garage adds
convenience. Enjoy luxury, comfort, and massive savings - don't
miss this rare opportunity to own in one of the area's most
sought-after communities!This home checks every box - from its
thoughtful layout to its modern finishes and generous square
footage. Whether you're hosting guests or enjoying a quiet evening
at home, this one offers the best of both worlds.
Unit Size
2,877 Ft²
Days on Market
-
Land Size
-
Price per sqft
$139
Property Type
House
Property Taxes
-
HOA Dues
$219
Year Built
2017
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Cap Rate Calculator
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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: 9 months ago (TMLS #LP748239)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 23, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | No longer available | - | |
| No longer available | |||
| Jan 12, 2026 | Price Decreased |
$399,000
↓ $17K
(4.1%) | |
| Price Decreased | |||
| Aug 22, 2025 | Price Decreased |
$416,000
↓ $4K
(1%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
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 Harnett
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Listed by: PRISCILLA SURGEON, RE/MAX CHOICE
Last Updated: 9 months ago
Data Source: TMLS, MLS# LP748239
Last Updated: 9 months ago
Data Source: TMLS, MLS# LP748239
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