706 Caswell Street, Smithfield, NC, 27577
About This Home
Don't miss this fantastic investment opportunity to own a cozy and well-maintained ranch-style home in the heart of downtown Smithfield! This adorable 817 square foot home features 2 spacious bedrooms and 1 full bath. Located just minutes from local restaurants, shops, and community events, this property is ideal for investors or anyone looking for a convenient, low-maintenance lifestyle in a thriving area. This unique property is zoned commercial and has been generating income as a rental for several years.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1957
Materials
- Foundation: Crawl Space
- Roof: Metal
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedroom1
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: Main
Features
- None
- Fireplace features: None
Heating & Cooling
- Heating features: Other,Electric
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 817
- Total interior livable area: 817 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 169419616508
- Zoning: commercial
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Fencing: Privacy,Back Yard
- Living area range: 800 - 999
Lot
- Lot size: 0.25 Acres
- Lot size dimensions: need survey
Parking
- Parking features: Gravel
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Inland Flooding
- Tornado
- Cold Wave
- Hail
- Hurricane
- Heat Wave
- Ice Storm
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Johnston County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $757 | $9,084 |
| Home Insurance * | $64 | $768 |
| Property Taxes | $117 | $1,404 |
| Electricity | $200 | $2,405 |
| Total | $1,138 | $13,656 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-09-05 | Listed for sale | $225,000 |
| 2021-07-30 | Sold | $79,000 |
View on Zillow