278 Old Cornwallis Road, Princeton, NC, 27569
About This Home
APPOINTMENT ONLY!! 1.3 acre lot with 1500 SF Home built approximately 1940 - 3 Bedrooms/ 2 Baths -- NEEDS SOME TLC!! Great Investment Opportunity - in Princeton School District- Metal Roof- TENANT Occupied - ALL APPLIANCES Belong to Tenant and HVAC needs work - SO much Potential!! CASH OR CONVENTIONAL LOAN ONLY
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Crawl Space
- Roof: Metal
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: See Remarks
Bedroom2
- Level: First
Bedroom3
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: First
Features
- Master Downstairs
Heating & Cooling
- Heating features: Other,Electric
- Cooling features: Other
Interior Area
- Total structure area: 1,503
- Total interior livable area: 1,503 sqft
Kitchen
- Level: First
Living Room
- Level: First
Master Bedroom
- Level: First
Other
- Level: First
Property
Details
- Parcel number: 265300038098
- Zoning: RAG
- Special condition: Standard
Features
- Levels: One
- Patio & porch: Deck
- Fencing: None
- Has view: Yes
- View description: See Remarks
- Frontage type: See Remarks
- Living area range: 1400 - 1599
Lot
- Lot size: 1.30 Acres
- Features: Level
- Lot size dimensions: 153 x 365 x 124 x 374
Parking
- Parking features: Unpaved
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
- Drought
- Lightning
- Strong Wind
- Tornado
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 | $853 | $10,236 |
| Home Insurance * | $76 | $912 |
| Property Taxes | $87 | $1,044 |
| Electricity | $200 | $2,405 |
| Total | $1,216 | $14,592 |
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 |
|---|---|---|
| 2026-02-17 | Listed for sale | $179,450 |
| 2026-02-12 | Listing removed | $179,450 |
| 2025-12-23 | Price change | $179,450 |
| 2025-08-23 | Listed for sale | $185,000 |
View on Zillow