$140,000
●
House -
Off Market
904 Langston Road
Newton Grove, NC 28366
3 Beds
2 Baths
1,452 Ft²
$855
Est. Monthly
11.67%
Cap Rate
About This Property
Great Investment Opportunity Outside the City Limits of Newton
Grove! This property has 3 Bedrooms, 2 Full Bathrooms and sits on
.62 of an acre. Large Detached Metal Shop with Lean to. SOLD AS IS.
William S. Godwin, Commissioner, is authorized Seller, as appointed
in that Order Allowing Partition by the Johnston County Clerk of
Superior Court in Johnston County File No. 24-SP-0000097-500.
Commissioner makes no warranty as to the title of the property and
will convey the subject property by Commissioner's Deed. The
property's condition is being sold 'AS IS/WHERE IS'. OFFERS WILL BE
REVIEWED DURING WEEKDAYS (MON-FRI) ONLY. Any offer accepted and any
Offer to Purchase and Contract IS SUBJECT TO THE NORTH CAROLINA
JUDICIAL SALES ACT, Article 29, and subject to the 10-DAY UPSET BID
PERIOD at the office of the Clerk of Superior Court of Johnston
County and confirmation pursuant to said statute. Buyer(s)
understand that this property is subject to a 10-DAY UPSET BID
PERIOD pursuant to the aforementioned statute.
Unit Size
1,452 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$107
Property Type
House
Property Taxes
$94
HOA Dues
-
Year Built
1970
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Cap Rate Calculator
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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: 10 months ago (TMLS #10116487)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Dec 5, 2025 | In contract | - | |
| In contract | |||
| Dec 1, 2025 | Price Decreased |
$155,000
↓ $5K
(3.1%) | |
| Price Decreased | |||
| Nov 22, 2025 | Price Decreased |
$160,000
↓ $5K
(3%) | |
| Price Decreased | |||
| Oct 15, 2025 | Price Decreased |
$165,000
↓ $10K
(5.7%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Johnston
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Listed by: Alice Harris, Harris Realty & Land, LLC
Last Updated: 10 months ago
Data Source: TMLS, MLS# 10116487
Last Updated: 10 months ago
Data Source: TMLS, MLS# 10116487
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