11604 Bain School Road
About This Property
Stately brick ranch is waiting for a new owner to breathe new life into it. NEW ROOF 09/2026, HYBRD CRAWLSPACE ENCAPSULATION 09/2026. NEW WELL 2025. Home is dated but is well constructed and there are no known issues. It is being sold as is, due to no one has lived there in several years. Home has large living spaces, a large office that. Is also a 4th bedroom. Very spacious kitchen with lots of cabinets, lots of counter space, and opens to great room. Great room features a gas log fireplace. Adjacent to great room is a wonderful sunroom full of windows and light. It would make a great entertainment space or another casual living space. It also has an exit onto one of the 2 decks on the home. Primary bedroom is especially large as well as the primary bath. There are 3 additional bedrooms, full bath, and half bath conveniently located off the great room. This home was designed to have a second level but owner decided against that large of a home. So there is approximately 1,500 sqft of unfinished space in the attic that possibly could become a second level. Sellers apologize for not having a lot of information on age of things but they haven't lived here. BEAUTIFUL LAND AND HOME IN THE HEART OF MINT HILL IS JUST WAITING FOR YOUR BUYERS. TRANQUIL COUNTRY SETTING YET ONLY MINUTES TO ALL THE LOCAL SHOPS, RESTAURANTS, AND EVERYDAY STORES.Long time Mint Hill family selling this home ON 3.95 ACRES and the adjoining lot of 2.004 acres. Adjoining lot is being sold separately in MLS under vacant land. MLS House and lot were one parcel listed as PID 19701110 and has been subdivided and surveyed (see attachments). Meck County has not updated its records and shows house tax value on the vacant lot with the old PID.
Additional 2.004 acres adjacent to this property also for sale. MLS #4372069. Could have almost 7 acres with the house.
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$849,900
↓ $30K
(3.4%) | |
| Price Decreased | |||
| Aug 25, 2026 | Relisted | $880,000 | |
| Relisted | |||
| Aug 14, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Price Decreased |
$880,000
↓ $70K
(7.4%) | |
| Price Decreased | |||
| Apr 23, 2026 | Listed by Howard Hanna Allen Tate Lake Norman | $950,000 | |
| Listed by Howard Hanna Allen Tate Lake Norman | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017