Three-Unit Residential
For Sale
$239,600
4945 Fieldcrest Dr, Fayetteville, NC 28303
Tenant-occupied property with three one-bedroom, one-bathroom units in Fayetteville.
Property Size850 SF
Price / SF$281.88
Days on Market230
Property Features for 4945 Fieldcrest Dr
General Information
Standard status
Active
Size
850 SF
Property subtype
Residential Income
Units
Unit Mix
3 x 1BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$3,156
Listing Agency:
Movil Realty
(919) 888-2399
Listed By:
Leo Murphy
(919) 888-2399
Source:
Exprealty
Added: Jan 14
Changed: Aug 31
Last Checked: Aug 31 at 7:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Movil Realty
Investment Insights
Based on property information with market context.
This triplex includes three residential units, each configured with one bedroom and one bathroom. The property is located at 4945 Fieldcrest Dr in Fayetteville, North Carolina, with unit addresses identified as 4945, 4947, and 4949. Current tenants are in place; please do not disturb occupants.
Key Highlights
- Three‑unit triplex configuration
- Each unit offers 1 bedroom and 1 bathroom
- Located at 4945 Fieldcrest Dr, Fayetteville, NC
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$7,759
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$155,180
$155.2K
Cap Rate 7%
$110,843
$110.8K
Cap Rate 9%
$86,211
$86.2K
Market Conditions
NOI Build-Up for 850 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$11.7K $13.80/SF
− Vacancy
−$646 −$0.76/SF
EGI
$11.1K $13.04/SF
− OpEx
−$3.3K −$3.91/SF
NOI
$7.8K $9.13/SF
Area
Fayetteville, NC
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$155,180
Cap Rate 7%
$110,843
Cap Rate 9%
$86,211
Alternative Uses
Best Use
Multifamily LT 5
$110.8K
$97.0K – $129.3K
NOI $7,759 @ 7.0% cap · market cap 3.24%
Second Best
Apartment 5plus
$101.9K
$89.2K – $118.9K
NOI $7,134 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$186.3K
$163.0K – $217.3K
NOI $13,040 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Explore this area
Business Placement
Demographics for 28303, NC
30,842
Population
15,554
Households
2
Avg Household Size
36
Median Age
30%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
2,003
Density / Sq Mi
$53,261
Median Household Income
$37,238
Median Earnings
$1,125
Median Rent
$174,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Tenant-occupied property with three one-bedroom, one-bathroom units in Fayetteville.
Where is this triplex located?
The property is located at 4945 Fieldcrest Dr Fayetteville, NC.
What is the asking price?
The asking price for this property is $239,600.
What are key features of this property?
This property features: Three‑unit triplex configuration; Each unit offers 1 bedroom and 1 bathroom; Located at 4945 Fieldcrest Dr, Fayetteville, NC
