$352,500
●
House -
Off Market
111 Averly Court
Stem, NC 27581
3 Beds
2 Baths
1,410 Ft²
$1,779
Est. Monthly
$8
HOA / Fees
6.48%
Cap Rate
About This Property
111 Averly Court, Stem - Lot 4 Owens Ridge
Welcome to 111 Averly Court, a beautifully crafted brand-new construction home nestled within the city limits of Stem. Located in the desirable Owens Ridge subdivision, this stunning ranch-style home offers modern design, high-end finishes, and a prime cul-de-sac location for added privacy.
Features & Highlights:
- 3 Bedrooms | 2 Bathrooms - Thoughtfully designed for comfort and functionality
- Spacious 2-Car Garage - Convenient parking and storage space
- Concrete Driveway - Durable and low-maintenance curb appeal
- Luxury Vinyl Plank (LVP), Carpet & Tile Flooring - A blend of style, durability, and comfort
- Quartz Countertops in Kitchen - Elegant and easy to maintain
- Stainless Steel Appliances - A fully equipped kitchen with a modern touch
- Owner's Suite Retreat - Relax in a spa-like bath with a soaking tub, separate tiled shower, and designer finishes
- Custom Design Selections - Unique lighting fixtures, accent walls, and flooring choices for a stylish and personalized feel
Enjoy the charm of small-town living while being just a short drive to major conveniences, schools, and shopping. This stunning home in Owens Ridge is move-in ready and waiting for you.
Call today to schedule your showing!
Welcome to 111 Averly Court, a beautifully crafted brand-new construction home nestled within the city limits of Stem. Located in the desirable Owens Ridge subdivision, this stunning ranch-style home offers modern design, high-end finishes, and a prime cul-de-sac location for added privacy.
Features & Highlights:
- 3 Bedrooms | 2 Bathrooms - Thoughtfully designed for comfort and functionality
- Spacious 2-Car Garage - Convenient parking and storage space
- Concrete Driveway - Durable and low-maintenance curb appeal
- Luxury Vinyl Plank (LVP), Carpet & Tile Flooring - A blend of style, durability, and comfort
- Quartz Countertops in Kitchen - Elegant and easy to maintain
- Stainless Steel Appliances - A fully equipped kitchen with a modern touch
- Owner's Suite Retreat - Relax in a spa-like bath with a soaking tub, separate tiled shower, and designer finishes
- Custom Design Selections - Unique lighting fixtures, accent walls, and flooring choices for a stylish and personalized feel
Enjoy the charm of small-town living while being just a short drive to major conveniences, schools, and shopping. This stunning home in Owens Ridge is move-in ready and waiting for you.
Call today to schedule your showing!
Unit Size
1,410 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$250
Property Type
House
Property Taxes
$39
HOA Dues
$8
Year Built
-
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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 #10080500)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 16, 2025 | In contract | - | |
| In contract | |||
| Mar 6, 2025 | Listed by Coldwell Banker HPW | $352,500 | |
| Listed by Coldwell Banker HPW | |||
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About Stem
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Listed by: Magan Inscoe, Coldwell Banker HPW
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10080500
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10080500
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