111 Overcash Road
About This Property
Located just minutes from beautiful Lake Norman, you'll enjoy a country setting with all the benefits of modern convenience. The location offers easy access to nearby amenities while remaining an ideal escape from the bustle of city life. Plus, you're only about 35 miles from Charlotte via I-77 N, making this home perfect for commuters or anyone who wants proximity to the Queen City.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Apr 4, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Price Decreased |
$279,900
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Jan 28, 2026 | Listed by Beycome Brokerage Realty LLC | $289,900 | |
| Listed by Beycome Brokerage Realty LLC | |||
| Feb 11, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017