1
Map
$10,000
●
Land -
For Sale
5404 Ridgecrest Drive
Hope Mills, NC 28348
Studio
0 Bath
$50
Est. Monthly
About This Property
Explore this hidden gem in Hope Mills! Nestled at the end of a
quiet dirt road, this .44-acre lot offers the perfect blend of
seclusion and convenience. Immerse yourself in nature while minutes
from parks, lakes, walking trails, dining, and shopping, this
property is an ideal setting for your dream home or next
investment. This is a wooded lot.Whether you've envisioned a
starter homestead, a peaceful retreat, or a base for outdoor
adventures, this land has something for everyone. With nearby
access to trails leading to a scenic creek, it's perfect for
four-wheeling, dirt bikes, or enjoying the great outdoors. It is
also located outside city limits, which opens up possibilities for
the property.Opportunities like this don't come around often-own
your own slice of Hope Mills and enjoy the best of both worlds:
rural tranquility with urban accessibility mere minutes from I95.
Unit Size
-
Days on Market
249 days
Land Size
0.44 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
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: 2 months ago (TMLS #LP755605)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2026 | Relisted | $10,000 | |
| Relisted | |||
| Feb 3, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Listed by IN 2 NC REALTY | $10,000 | |
| Listed by IN 2 NC REALTY | |||
| May 20, 2025 | Sold | ||
| Sold | |||
| Apr 24, 2025 | In contract | - | |
| In contract | |||
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Property Highlights
Exterior Details
Lot Features: Wooded
Lot Size Area: 0.44
Lot Size Units: Acres
Lot Size Acres: 0.44
Lot Size Square Feet: 19166.4
Water Source: Other
Utilities Details
Sewer : Other
Comparables
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Type
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ft²
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About South View
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Listed by: ASHLEE SILVA-LEONARD, IN 2 NC REALTY
Last Updated: 2 months ago
Data Source: TMLS, MLS# LP755605
Last Updated: 2 months ago
Data Source: TMLS, MLS# LP755605
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