$278,000
●
House -
For Sale
7848 James Austin Road
Willow Springs, NC 27592
3 Beds
2 Baths
1,152 Ft²
$1,505
Est. Monthly
About This Property
Built in 1998, this Willow Spring ranch-style home offers a bright,
freshly updated interior with a spacious yard and large rear deck.
The kitchen features white cabinetry, stainless-steel appliances,
light countertops, and durable wood-look flooring that continues
through the open dining and living areas. The living room centers
on a fireplace and large windows, while the bedrooms offer ceiling
fans, generous windows, and ample closet storage. Two bathrooms
include updated vanities, tub/shower surrounds, and tile or
wood-look flooring. Outside, the property provides a wide lawn,
mature trees, fenced areas, a storage shed, and an expansive deck
for outdoor use.
Unit Size
1,152 Ft²
Days on Market
8 days
Land Size
1.10 acres
Price per sqft
$241
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1998
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: 8 days ago (TMLS #10197942)
Price History
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Flooring Type: Vinyl
Rooms: 6
Has Fireplace
Fireplace Features: Gas
Fireplaces: 1
Exterior Details
Square Footage: 1152
Architectural Style: Ranch
Year Built: 1998
Building Area Total: 1152
Levels: One
Construction Materials: Vinyl Siding
Lot Size Area: 1.1
Lot Size Units: Acres
Lot Size Acres: 1.1
Lot Size Square Feet: 47916
Water Source: Well
Financial Details
Tax Map Number: 4
Tax Assessed Value: $2,499
Tax Annual Amount: $1,668
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
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 Wake
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Listed by: Thomas Ladane Shoupe, Opendoor Brokerage LLC
Last Updated: 8 days ago
Data Source: TMLS, MLS# 10197942
Last Updated: 8 days ago
Data Source: TMLS, MLS# 10197942
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