$139,900
●
House -
Off Market
551 HOBSON Road
Raeford, NC 28376
3 Beds
2 Baths
$205,653
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
BE PREPARED TO BE STUNNED!! EXTREMELY WELL MAINTAINED RANCH HOME
FEATURES 3 BEDROOMS, 2 FULL BATHS, OVERSIZED FINISHED BONUS ROOM,
SPACIOUS OASIS OF A FENCED BACKYARD PERFECT FOR THOSE SUMMER BBQ'S.
BEAUTIFUL LAMINATE WOOD FLOORING THROUGHOUT, TILE IN THE BATHROOMS.
MASTER HAS DOUBLE VANITIES, SEPARATE TUB AND SHOWER, ROOMY WALK IN
CLOSET. ENJOY EATING BREAKFAST IN YOUR NEW LIGHT AND BRIGHT KITCHEN
WITH DESIRABLE WHITE CABINETS. DOUBLE GARAGE HOLDS 2 CARS NICELY.
COVENIENTLY LOCATED NEAR CHICKEN GATE FOR EASE OF ACCESS TO FORT
BRAGG, SHOPPING, DINING, AND JUST A QUICK DRIVE TO SOUTHERN PINES.
Unit Size
-
Days on Market
-
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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 #LP604160)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2025 | Sold | ||
| Sold | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Price Decreased |
$250,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| May 12, 2025 | Listed by KASTLE PROPERTIES LLC | $260,000 | |
| Listed by KASTLE PROPERTIES LLC | |||
| | |||
|
PERFECT RANCH 3BED/2BATH/PLUS A BONUS ROOM! UPDATED HOME WITH OVER 1400 SQFT IN HOKE COUNTY! CHECK THIS ONE OUT TODAY! NEW FLOORING, PAINT AND APPLIANCES! NEW HVAC! BONUS ROOM CAN BE USED FOR A 4TH BED/OFFICE OR FLEX SPACE! CARPET AND LVP! OPEN FLOOR PLAN! GREAT ROOM WITH FIREPLACE! EAT IN KITCHEN WITH NEW APPLIANCES AND COUNTERTOPS! LAUNDRY AREA! MASTER SUITE HAS DBL VANITIES, GARDEN TUB AND SEPARATE SHOWER! LARGE PRIVATE BACKYARD WITH DECK AND PRIVACY FENCE! DOUBLE CAR GARAGE ALL JUST MINUTES FROM FORT BRAGG AND FAYETTEVILLE! READY TO MOVE IN FOR SUMMER!
| |||
| Mar 12, 2025 | Listed | $230,000 | |
| Listed | |||
| | |||
|
The owner of this home is offering owner financing with 10% down payment or CASH sale!. Dueño a Dueño. If you can't qualify for traditional financing, this may be the home for you. Are you self-employed? Do you have a cash business? Don't have a credit score? You may be able to qualify for this home. Ranch-style home with bonus room. Enjoy the back deck overlooking the large backyard. Open floor plan. Handyman special. House needs a little TLC. Close to Fort Liberty. Up to a 30 year term. Feel free to make a cash offer. Owner is selling the home as-is.
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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About Hoke
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Listed by: MELANIE JONES, RE/MAX CHOICE
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP604160
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP604160
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