$415,000
●
House -
Off Market
1031 Micah's Way N
Spring Lake, NC 28390
3 Beds
3 Baths,
1
Half Bath
3,201 Ft²
$2,423
Est. Monthly
$312
HOA / Fees
3.74%
Cap Rate
About This Property
PRICE REDUCTION! Well-maintained home located in the highly
desirable, gated, golf course community of Anderson Creek Club.
Check out this 3,200 sq ft 3 bedroom, 3.5 bathroom home
w/oversized bonus room + an oversized loft home. This home
offers a beautiful foyer w/high ceilings, formal dining room,
flowing in the gourmet kitchen. Kitchen features granite
countertops, SS appliances w/double wall ovens, cooktop, microwave,
refrigerator, lots of cabinets + pantry. Overlooking the
breakfast area w/FP & inviting living room w/bow windows offering a
ton of natural light overlooking the fenced backyard and golf
course views. 1st floor is completed w/primary suite w/sitting
area, private bath & walk-in closet, 1/2 bath & laundry room. 2nd
floor offers a guest bedroom w/private bath, a 3rd bedroom with a
guest bedroom, an open loft area PLUS an oversized bonus room to
complete! Association dues include internet, lawn care, onsite
amenities & more! Home near access gate for easy commute.
Unit Size
3,201 Ft²
Days on Market
-
Land Size
-
Price per sqft
$134
Property Type
House
Property Taxes
-
HOA Dues
$312
Year Built
2013
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Cap Rate Calculator
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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: 2 years ago (TMLS #LP740734)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 10, 2025 | Price Decreased |
$429,900
↓ $15K
(3.4%) | |
| Price Decreased | |||
| Mar 31, 2025 | Price Decreased |
$444,900
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Mar 22, 2025 | Listed by PINELAND REALTY LLC | $454,900 | |
| Listed by PINELAND REALTY LLC | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
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 Harnett
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Listed by: MELISSA CRUMLEY, PINELAND REALTY LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP740734
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP740734
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