19
Map
$1,000,000
●
House -
For Sale
705 Wilsons Mills Road
Smithfield, NC 27577
3 Beds
2 Baths,
1
Half Bath
2,762 Ft²
$5,172
Est. Monthly
About This Property
**Pre-Sale Opportunity** Be apart of the transformation, make the
selections and own the finished product! This home has exquisite
charm near downtown Smithfield. On 1.53 acres with a backyard
oasis, this home boasts a ton of potential. Plans have been drawn
with licensed GC. Home will be renovated down to the studs and
enhanced with new siding, roof, MEP, etc. Renovations have not yet
been started. Reach out for more information. Seller is licensed
real estate agent.
Unit Size
2,762 Ft²
Days on Market
98 days
Land Size
1.53 acres
Price per sqft
$362
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1957
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: 4 months ago (TMLS #10181704)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2026 | Listed by HomeTowne Realty | $1,000,000 | |
| Listed by HomeTowne Realty | |||
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by Coldwell Banker Advantage-Smit | $335,000 | |
| Listed by Coldwell Banker Advantage-Smit | |||
| | |||
|
1.53 Acre Lot in Smithfield gives plenty of S-p-a-c-e for your summer garden and cook-outs! So Much Potential here! Bring your Vision Alive! Features include: Wrap-a-round porch, Wood floors, cedar closet,Classic Knotty Pine paneling and cabinetry, Laundry room w/ sink and cabinets. Main Living areas, Two bedrooms, 1.5 baths downstairs and 2 bedrooms, bonus space and 1 full bath upstairs. Gas water heater is newer. Fireplace chimney has been sealed and is no longer in use. Shingled roof is believed to be past it's lifespan. Natural gas heat and central air downstairs. Baseboard and wall heaters upstairs. No central air upstairs. Window unit used. Tax amount based on previous tax value. New rates to be determined by July 1.
| |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: Circular Driveway, Gravel
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bookcases, Ceiling Fan(s), Eat-in Kitchen, Pantry, Dual Closets
Appliances: Built-In Range, Dishwasher, Double Oven, Washer/Dryer
Flooring Type: Tile, Wood
Door Features: Storm Door(s)
Laundry Features: Laundry Room, Main Level, Sink
Rooms: 1
Has Fireplace
Fireplace Features: Decorative
Fireplaces: 2
Exterior Details
Square Footage: 2762
Property Condition: Updated/Remodeled
Architectural Style: Traditional
Year Built: 1957
Building Area Total: 2762
Levels: One and One Half
Other Structures: Shed(s)
Window Features: Double Pane Windows
Construction Materials: HardiPlank Type
Patio and Porch Features: Wrap Around
Lot Features: Back Yard, City Lot, Front Yard, Level, Wooded
Lot Size Area: 1.53
Lot Size Units: Acres
Lot Size Acres: 1.53
Lot Size Square Feet: 66647
Water Source: Public
Financial Details
Tax Map Number: M87
Tax Assessed Value: $322,150
Tax Annual Amount: $3,140
Utilities Details
Cooling Type: Attic Fan, Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Heating Type: Baseboard, Central, Forced Air, Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Smithfield
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Listed by: Sydney Smith, HomeTowne Realty
Last Updated: 4 months ago
Data Source: TMLS, MLS# 10181704
Last Updated: 4 months ago
Data Source: TMLS, MLS# 10181704
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