$489,990
●
House -
Off Market
111 Scholar Drive
Spring Lake, NC 28390
5 Beds
4 Baths
3,162 Ft²
$518,708
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
The Mixon III by Starlight Homes is built in the private gated golf
community of Anderson Creek Club. The home opens to the foyer, with
a bedroom & full bathroom off the entry. It continues to the
kitchen, dining area, & family room. The master suite of this home
is located on the first floor, & features dual sinks, a water
closet, & shower. The second floor has a rec room, as well as three
additional bed rooms & 2 full bathrooms. The garage entry into the
home opens to the laundry room, & continues to access into the
home. POA dues include internet, access to the onsite fitness
center & much more! Buyers to receive up to $5k in closing costs
PLUS Rate Buy Down to 3.99% Year 1 & 4.99% Years 2-30 w/use of our
participating mortgage company Velocio Mortgage, AW Title Company,
& closing attorney Gwynn, Edwards & Getter, PA. Closing cost credit
does not apply towards prepaids or inspection/surveys. Closing
Attorney to be Gwynn, Edwards & Getter, PA no matter what lender is
used
Unit Size
3,162 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$155
Property Type
House
Property Taxes
-
HOA Dues
$252
Year Built
2022
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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 #LP691731)
Price History
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
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Asking Price
Listed On
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Sold On
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HOA + Taxes
About Harnett
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Listed by: KAREN HUDSON, AC REALTY
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP691731
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP691731
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