$394,900
●
House -
In Contract
108 Tradesmen Trail
Troutman, NC 28166
4 Beds
2 Baths
1,970 Ft²
$1,973
Est. Monthly
$33
HOA / Fees
About This Property
Last chance to purchase a home in Colonial Crossing! Only 6 homes
left!
One of a kind floor plan!! This is the only floorplan of its kind in the neighborhood!
The Woodlands floorplan features an oversized living room area, 4 bedrooms 2 bathrooms and lots of space for comfortable living and entertaining. This space is only built as our office but once converted to a home it will be an amazing living space.
This lot is located in an area that gives great views of the spectacular trees that surround the community.
Don't miss the out on the opportunity to live in this beautiful community just minutes from Lake Norman State Park!
One of a kind floor plan!! This is the only floorplan of its kind in the neighborhood!
The Woodlands floorplan features an oversized living room area, 4 bedrooms 2 bathrooms and lots of space for comfortable living and entertaining. This space is only built as our office but once converted to a home it will be an amazing living space.
This lot is located in an area that gives great views of the spectacular trees that surround the community.
Don't miss the out on the opportunity to live in this beautiful community just minutes from Lake Norman State Park!
Unit Size
1,970 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$200
Property Type
House
Property Taxes
-
HOA Dues
$33
Year Built
2022
Listed By
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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: 9 days ago (CANOPYMLS #CAR4363781)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2026 | In contract | - | |
| In contract | |||
| Oct 7, 2026 | Price Decreased |
$394,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Sep 17, 2026 | Relisted | $399,900 | |
| Relisted | |||
| Mar 25, 2026 | Listed by LGI Homes NC LLC | $409,900 | |
| Listed by LGI Homes NC LLC | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Open Floorplan, Pantry, Walk-In Closet(s), Cable Prewire
Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Oven, Self Cleaning Oven, Refrigerator with Ice Maker
Flooring Type: Carpet, Vinyl
Laundry Features: Electric Dryer Hookup, Main Level
Exterior Details
Square Footage: 1970
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Year Built: 2022
Builder Name: LGI Homes-NC, LLC
Builder Model: Woodlands
Levels: One
Window Features: Insulated Windows
Construction Materials: Stone, Shingle/Shake
Patio and Porch Features: Covered, Rear Porch
Lot Features: Cul-De-Sac
Lot Size Area: 0.19
Lot Size Units: Acres
Lot Size Acres: 0.19
Lot Size Square Feet: 8276.4
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Picnic Area, Trail(s)
HOA Fee: $400
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Troutman
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Listed by: Michael Sceau, LGI Homes NC LLC
Last Updated: 9 days ago
Data Source: CANOPYMLS, MLS# CAR4363781
Last Updated: 9 days ago
Data Source: CANOPYMLS, MLS# CAR4363781
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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