$289,900
●
House -
Off Market
66 Cedarbranch Way #192
Erwin, NC 28339
4 Beds
2 Baths,
1
Half Bath
2,078 Ft²
$1,466
Est. Monthly
$42
HOA / Fees
About This Property
Discover new construction at Mason's Mill in Erwin, conveniently
located near US-421 and Interstate 95 with access to regional
destinations. This community offers scenic trails and a connected
small-town setting.
Quick Move-In | Semi-Custom Shepherd
The Shepherd is a quick move-in semi-custom home offering approximately 2,078 sq ft, 4 bedrooms, 2.5 bathrooms, and a versatile loft. The open layout supports everyday living and entertaining, with upgraded selections including quartz countertops, tile backsplash, and modern included features.
Designed for functionality and flexibility, this new construction home provides well-planned living space in a growing community setting.
Quick Move-In | Semi-Custom Shepherd
The Shepherd is a quick move-in semi-custom home offering approximately 2,078 sq ft, 4 bedrooms, 2.5 bathrooms, and a versatile loft. The open layout supports everyday living and entertaining, with upgraded selections including quartz countertops, tile backsplash, and modern included features.
Designed for functionality and flexibility, this new construction home provides well-planned living space in a growing community setting.
Unit Size
2,078 Ft²
Days on Market
179 days
Land Size
0.13 acres
Price per sqft
$140
Property Type
House
Property Taxes
-
HOA Dues
$42
Year Built
-
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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: 3 months ago (TMLS #10148255)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2026 | Sold | ||
| Sold | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
| Jul 10, 2026 | Price Decreased |
$289,900
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Jun 19, 2026 | Price Decreased |
$294,900
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Apr 26, 2026 | Price Decreased |
$299,900
↓ $10K
(3.2%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Driveway, Garage Door Opener, Garage Faces Front
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Entrance Foyer, High Ceilings, Kitchen Island, Walk-In Closet(s), Smooth Ceilings, Walk-In Shower
Appliances: Dishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
Flooring Type: Carpet, Ceramic Tile, Laminate, Vinyl
Laundry Features: Electric Dryer Hookup, Laundry Room, Upper Level, Washer Hookup
Rooms: 8
Exterior Details
Square Footage: 2078
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: New Construction, Under Construction
Architectural Style: Contemporary
Year Built: 2026
Builder Name: True Homes
Builder Model: Shepherd 2041 EA1 IO
Building Area Total: 2078
Levels: Two
Construction Materials: Vinyl Siding
Patio and Porch Features: Front Porch, Patio
Pool Features: None
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Lot Size Square Feet: 5662.8
Water Source: Public
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Electric, Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Unknown
HOA/Condo/Coop Amenities: Trail(s)
HOA Fee: $500
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/23/2026
|
4 Bed
|
2 Bath
|
2078 ft²
|
$309,900
4 Bed
2 Bath
2078 ft²
|
$289,900
-6.45%
08/21/2026
|
Adam Martin
TLS Realty
|
Building Info
About Harnett
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Listed by: Adam Michael Martin, TLS Realty LLC
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10148255
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10148255
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