447 Northwoods Drive
About This Property
Inside, you'll find updates that make this home shine! Fresh paint, brand-new flooring and carpet have been thoughtfully installed throughout, offering a fresh, modern touch to every room. Whether you're kicking back in the living room or whipping up a meal in the kitchen, this home is the perfect canvas to start new traditions.
Ideal for first-time buyers or savvy investors, this home has everything you need-and nothing you don't. Plus, its location is pure convenience: just minutes from East Hoke Middle School and surrounded by a variety of amenities, making everyday errands and outings a breeze. Fort Liberty is less than 20 mins away!
Don't let this opportunity slip through your fingers! A home this charming won't last long. Schedule your tour today and claim your slice of Raeford living before someone else beats you to it! Your dream starter home or next investment awaits!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by EXP Realty LLC | $227,500 | |
| Listed by EXP Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017