30
Map
$350,000
●
House -
Off Market
7071 Wheatfield Road
Spring Hope, NC 27882
3 Beds
3 Baths
2,419 Ft²
$1,824
Est. Monthly
6.03%
Cap Rate
About This Property
Bright and open floor plan, open kitchen w/large breakfast bar.
Living room w/corner fireplace and door onto back deck overlooking
large back yard. Formal dining room, spacious entry/foyer.
Guest/inlaw suite with private bath & walk-in closet. Spacious
private master suite with two walk-in closets. Two other
rooms with closet, one is a bedroom, the other and office/bonus
room. Large laundry room and a walk-in pantry. No carpets in this
home. Ceramic tile, laminate or LVT, low maintenance, durable and
clean look. Large two car garage with finished interior walls.
Electric water heater located in garage. Motivated seller will
consider a buyer's buy-down with acceptable offer
Unit Size
2,419 Ft²
Days on Market
264 days
Land Size
0.69 acres
Price per sqft
$147
Property Type
House
Property Taxes
$80
HOA Dues
-
Year Built
2021
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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 #2535846)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2023 | Listed by RE/MAX United | $355,000 | |
| Listed by RE/MAX United | |||
| Aug 11, 2023 | No longer available | - | |
| No longer available | |||
| Mar 14, 2023 | Price Decreased |
$384,000
↓ $25K
(6.1%) | |
| Price Decreased | |||
| Jan 16, 2023 | Listed by STONE AUCTION & REALTY | $409,000 | |
| Listed by STONE AUCTION & REALTY | |||
| | |||
|
A must see! One year old, custom built home, Located in Wheatfield Subdivision in Nash County! This unique home features, 2 Master Bedroom Suites with walk-in closets, 3 full baths, additional Bedroom, plus a Bonus Room/ Office. You will enjoy Open Concept living with a beautiful modern kitchen, black granite counter tops, a large island that can seat six or more plus, a stainless-steel dishwasher, refrigerator and electric stove! The Family room is centrally located with recessed lights, ceiling fan and a gas log fireplace. No carpet in this house, only thick water resistant laminate wood plank flooring and tile throughout the entire home! Large formal Dining room is ready for gatherings. An abundance of storage with custom built wood shelving in the closets, pantry, laundry, and utility room. This home is conveniently located minutes from US HWY 64 for an easy commute to Raleigh or Rocky Mount. Easy access to shopping in the quaint town of Spring Hope. The manager has listed the unit size as 2368 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Wheatfield
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Listed by: Jose Serrano, RE/MAX United
Last Updated: 2 months ago
Data Source: TMLS, MLS# 2535846
Last Updated: 2 months ago
Data Source: TMLS, MLS# 2535846
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