28
Map
$399,000
●
House -
In Contract
1020 Oakwater Drive
Garner, NC 27529
3 Beds
2 Baths,
1
Half Bath
1,685 Ft²
$2,316
Est. Monthly
About This Property
Enjoy 1.34 acres with beautiful lake views and private access to
the lake for fishing and outdoor fun, all just 10 minutes from
White Oak Crossing and I-40! Major updates are already taken care
of with a 2026 roof, 2020 HVAC, and 2023 water heater. This
spacious 3bed/2.5bath home offers a great combination of character
and potential, with 400+ sq. ft. of basement space, 500+ sq. ft. of
unfinished third floor attic space, and even a treehouse! The
kitchen features an island, stainless steel appliances, and a large
bay window overlooking the backyard, where birds and wildlife are
abundant. The primary suite boasts beautiful lake views and two
closets, while the additional bedrooms offer generous closet space
and plenty of natural light. Outside, there is a large garden
and back deck overlooking the creek- a peaceful spot to watch deer,
turtles, rabbits, and birds. And best of all, you'll have your own
private access to the gorgeous neighborhood lake. If you've been
looking for space, privacy, nature, and convenience all in one
place, this is the one!
Unit Size
1,685 Ft²
Days on Market
-
Land Size
1.34 acres
Price per sqft
$237
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1993
Listed By
Katie Coleman
DASH Carolina
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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: 6 days ago (TMLS #10186418)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2026 | In contract | - | |
| In contract | |||
| Oct 9, 2026 | Price Decreased |
$399,000
↓ $8K
(2%) | |
| Price Decreased | |||
| Sep 5, 2026 | Price Decreased |
$407,000
↓ $8K
(1.9%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by DASH Carolina | $415,000 | |
| Listed by DASH Carolina | |||
| Sep 25, 2013 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Parking Details
Has Open Parking
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Flooring Type: Carpet, Vinyl
Rooms: 1
Basement: Unfinished
Exterior Details
Square Footage: 1685
Architectural Style: Traditional
Year Built: 1993
Building Area Total: 1685
Levels: Two
Construction Materials: Vinyl Siding
Lot Size Area: 1.34
Lot Size Units: Acres
Lot Size Acres: 1.34
Lot Size Square Feet: 58370
Water Source: Public
Financial Details
Tax Map Number: 33
Tax Assessed Value: $410,265
Tax Annual Amount: $4,275
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
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 Water Oaks
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Listed by: Katie Coleman, DASH Carolina
Last Updated: 6 days ago
Data Source: TMLS, MLS# 10186418
Last Updated: 6 days ago
Data Source: TMLS, MLS# 10186418
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