50
Map
$343,000
↓ $2K (0.6%)
●
House -
For Sale
939 Montrose Road
Raeford, NC 28376
4 Beds
2 Baths,
1
Half Bath
2,000 Ft²
$1,685
Est. Monthly
About This Property
**2.4% ASSUMABLE VA LOAN!!** Welcome to 939 Montrose Road in
Raeford! Built in 2018, this beautiful 4-bedroom, 2.5-bath home
offers approximately 2,000 square feet of living space and sits on
a spacious 0.63-acre lot with NO HOA! The primary suite is
conveniently located on the main floor, offering privacy and easy
everyday living. Upstairs, you'll find three additional bedrooms, a
versatile loft perfect for a playroom, home office, or second
living area, plus walk-in attic space providing plenty of extra
storage.Outside is where this home really shines! The large
backyard is fully enclosed with a privacy fence and features an
above-ground pool with a wooden deck, making it the perfect spot
for summer days, entertaining, or relaxing at home. Enjoy your
morning coffee or unwind in the evenings from the screened-in back
porch overlooking the backyard. A two-car garage provides
additional parking and storage.With 4 bedrooms, flexible living
space, over half an acre, a pool, fenced backyard, and no HOA, this
Raeford home has so much to offer-all for $350,000!
Unit Size
2,000 Ft²
Days on Market
69 days
Land Size
0.63 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018
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: 5 days ago (TMLS #LP768543)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2026 | Price Decreased |
$343,000
↓ $2K
(0.6%) | |
| Price Decreased | |||
| Oct 9, 2026 | Price Decreased |
$345,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Aug 28, 2026 | Listed by LPT REALTY LLC | $350,000 | |
| Listed by LPT REALTY LLC | |||
| Aug 16, 2019 | Sold | ||
| Sold | |||
| Dec 31, 2018 | Listed by LPT REALTY LLC | $223,170 | |
| Listed by LPT REALTY LLC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Storage, Walk-In Closet(s), Bathtub/Shower Combination, Kitchen/Dining Room Combination, Primary Downstairs, Separate Shower, Water Closet
Appliances: Dishwasher, Microwave, Range, Refrigerator
Flooring Type: Carpet, Hardwood, Luxury Vinyl, Tile, Vinyl
Door Features: Storm Door(s)
Laundry Features: Main Level
Rooms: 7
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 2000
Security Features: Security System
Year Built: 2018
Building Area Total: 2000
Levels: One and One Half
Window Features: Blinds, Window Treatments
Patio and Porch Features: Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Screened
Pool Features: Above Ground
Pool is Private
Lot Features: Cleared, Level, Wooded
Lot Size Area: 0.63
Lot Size Units: Acres
Lot Size Acres: 0.63
Lot Size Square Feet: 27442.8
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Heat Pump
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 Five Points
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: SAMANTHA PETERSON, LPT REALTY LLC
Last Updated: 5 days ago
Data Source: TMLS, MLS# LP768543
Last Updated: 5 days ago
Data Source: TMLS, MLS# LP768543
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