$266,516
●
House -
Off Market
45 Cranes Nest Drive
Franklinton, NC 27525
4 Beds
3 Baths
2,535 Ft²
$391,113
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
MLS Entry from comparable purposes only. Hawthorne plan with
downstairs bedroom and full bath. Upgrades include screened porch,
flooring, cabinets and granite. Gorgeous home! PICTURES ARE NOT OF
ACTUAL HOME AND ARE FOR REPRESENTATIONAL PURPOSES ONLY
Unit Size
2,535 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$105
Property Type
House
Property Taxes
-
HOA Dues
$624
Year Built
2019
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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: 2 years ago (TMLS #2273384)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2023 | No longer available | - | |
| No longer available | |||
| Oct 30, 2022 | Price Decreased |
$405,000
↓ $11K
(2.6%) | |
| Price Decreased | |||
| Oct 19, 2022 | Listed by Keller Williams Realty.com | $415,900 | |
| Listed by Keller Williams Realty.com | |||
| | |||
|
Get $5000 in closing cost to be used to buy down your interest rate or closing cost! Like new Traditional home in the growing Cedar Crossing! This open concept design features a first-floor guest suite and sunny office space with glass French doors. The second floor features a spacious loft & large laundry room with ample storage. Master Bedroom includes dual vanity & huge master closet. BRAND NEW modern luxury vinyl flooring throughout (2022), with freshly refinished staircase. Granite counter tops in kitchen, SS Appliances, and walk-in pantry. WH, HVAC, & Roof all approx. 3 years old (2019). Fully FENCED-IN backyard, & screened in porch with newly screened porch door. The 2 car attached garage includes new, shining EPOXIED FLOORING! The driveway comfortably fits an additional 2-4 cars. Enjoy the easy walk to the community swimming pool, and quick access to downtown Wake Forest, Youngsville, and Franklinton! Welcome Home! The manager has listed the unit size as 2592 square feet.
| |||
| Jul 12, 2019 | Listed by DRB Group North Carolina LLC | $266,516 | |
| Listed by DRB Group North Carolina LLC | |||
| Apr 5, 2019 | Sold | ||
| Sold | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Franklin
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Listed by: Meredith Gilley, DRB Group North Carolina LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2273384
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2273384
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