$287,000
●
House -
Off Market
55 Cornerstone Drive
Franklinton, NC 27525
3 Beds
2 Baths
1,282 Ft²
$284,222
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Come see this charming home now on the market! This home has fresh
interior paint. Discover a bright and open interior with plenty of
natural light and a neutral color palette, complimented by a
fireplace. The kitchen is ready for cooking with ample counter
space and cabinets for storage. Relax in your primary suite with a
walk in closet included. Other bedrooms provide nice flexible
living space. The primary bathroom is fully equipped with a
separate tub and shower, double sinks, and plenty of under sink
storage. Take it easy in the fenced in back yard. The sitting area
makes it great for BBQs! Don't miss this incredible opportunity.
This home has been virtually staged to illustrate its potential.
Unit Size
1,282 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$222
Property Type
House
Property Taxes
$116
HOA Dues
$11
Year Built
2005
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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 #2506601)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 6, 2023 | Sold | ||
| Sold | |||
| Apr 21, 2023 | Listed by Opendoor Brokerage LLC | $285,000 | |
| Listed by Opendoor Brokerage LLC | |||
| Apr 11, 2023 | Sold | ||
| Sold | |||
| Mar 22, 2023 | Listed by Mark Spain Real Estate | $280,000 | |
| Listed by Mark Spain Real Estate | |||
| | |||
|
Adorable Ranch Style Home with 1 Car Garage Front Porch, Laminate Floor, 3 Bedrooms 2 Full Baths, .62 acre lot, Vaulted Ceiling, Ceiling Fans, Washer Dryer, Refrigerator, Deck, Storage Shed. Minutes from RDU, Raleigh and Durham.
| |||
| Feb 9, 2023 | No longer available | - | |
| No longer available | |||
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
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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Sold On
HOA + Taxes
About Franklin
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Listed by: Thomas Ladane Shoupe, Opendoor Brokerage LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2506601
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2506601
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
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