Person
118 Silverado Trail
99
Map
$1,800,000
↓ $99K (5.2%)
●
House -
For Sale
118 Silverado Trail
Semora, NC 27343
3 Beds
2 Baths,
2
Half Baths
4,423 Ft²
$9,586
Est. Monthly
$39
HOA / Fees
About This Property
The perfect Lake Home for Entertaining guests of all ages.
Just under 4500 sq ft of living space with room for all of
your friends and family as well as an attached garage and a
detached garage for 4 cars or lawn equipment etc. This home is on a
Private cove, great for swimming with amazing views on 1.56 Acres
of land. Its a Beautiful Grey Brick home with Brock vinyl decking
located on the Northern end of Hyco Lake. This home has DEEP WATER
even in the draught. Single slip boat dock is the size of a double
slip dock. A second slip could be cut into original dock. Dock has
jet ski lift, storage room with shelving, refrigerator and
speakers. Get out of the sun by going into the screened-in porch on
the dock with the fabulous views out to the widest part of Hyco
Lake. Inside and outside Furniture stays with home so you can move
right in and start enjoying the lake the day of closing. Original A
frame was gutted, renovated and added onto in 1997. This home was
done well. Master suite is on Main Floor with Huge bathroom that
has double vanities and a jetted tub. Home has 3 bedrooms with an
office, multipurpose room in the basement and detached Living Area.
Choose how you want to use each of these rooms. Large open
Living/Dining Room set up. Granite counter tops in Kitchen, Garden
Tub in Master bath, Jacuzzi Tub in basement, Hot Tub outside, Home
comes with Pool Table, Wet Bar, Built in wall Fish Tank, outdoor
Ping Pong, outdoor Granite counter top to sit and view your
favorite shows with the Wall Mounted TV and Recliners and outdoor
speakers. Home has inside and outside speakers everywhere including
dock and central vacuum system. Lower patio has glass rock fire
table and Fire Bowl overlooking the hot tub, 3 Gas Log Fireplaces
inside and Large Patio and deck that extends length of house. Home
has 4 garages, 2 attached and 2 detached with bonus flex space that
can be used as a workout room, craft room, storage room etc.
This home has everything you need for Entertaining on Hyco
Lake, including GREAT Neighbors! New Roof 2022, New Boat Lift
Motor in 2025, New Dishwasher 2026, New HVAC on Top Floor July
2026. This home can be rented.
Unit Size
4,423 Ft²
Days on Market
121 days
Land Size
1.56 acres
Price per sqft
$407
Property Type
House
Property Taxes
$708
HOA Dues
$39
Year Built
1979
Listed By
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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: 3 months ago (TMLS #10178306)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | Price Decreased |
$1,800,000
↓ $99K
(5.2%) | |
| Price Decreased | |||
| Jul 6, 2026 | Listed by West & Woodall Real Estate - S | $1,899,000 | |
| Listed by West & Woodall Real Estate - S | |||
| Mar 29, 2023 | Sold | ||
| Sold | |||
| Sep 16, 2022 | Listed by West & Woodall Real Estate - S | $1,640,000 | |
| Listed by West & Woodall Real Estate - S | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Additional Parking, Attached, Basement, Circular Driveway, Concrete, Driveway, Garage, Garage Door Opener
Garage Spaces: 4
Open Parking Spaces: 4
Interior Details
Half Bathrooms: 2
Full Bathrooms: 2
Interior Features: Bar, Bookcases, Ceiling Fan(s), Central Vacuum, Chandelier, Crown Molding, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Recessed Lighting, Sound System, Walk-In Closet(s), Wet Bar, Dining L, Kitchen/Dining Room Combination, Living/Dining Room Combination, Shower Only, Smooth Ceilings, Walk-In Shower, Whirlpool Tub
Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Trash Compactor, Washer, Water Softener
Flooring Type: Carpet, Hardwood, Tile, Wood
Door Features: French Doors
Laundry Features: Inside, Laundry Room, Main Level, Sink, Washer Hookup
Rooms: 11
Has Fireplace
Fireplace Features: Blower Fan, Family Room, Gas, Kitchen, Living Room
Fireplaces: 3
Basement: Block, Daylight, Exterior Entry, Finished, Interior Entry, Partial, Heated
Exterior Details
Square Footage: 4423
Security Features: Smoke Detector(s)
Architectural Style: Traditional
Year Built: 1979
Waterfront Features: Lake Front, Lake Front, Lake Privileges, Navigable Water, Waterfront
Waterbody Name: Hyco Lake
Building Area Total: 4423
Levels: Tri-Level
Other Structures: Boat House, Second Garage, See Remarks
Window Features: Blinds
Construction Materials: Brick
Patio and Porch Features: Deck, Patio
Lot Features: Irregular Lot, Lake on Lot, Landscaped, Sloped, Waterfront, Hardwood Trees, Partially Cleared
Lot Size Area: 1.56
Lot Size Units: Acres
Lot Size Acres: 1.56
Lot Size Square Feet: 67953.6
Lot Size Dimensions: See Plat
Water Source: Well
Financial Details
Tax Map Number: 1
Tax Assessed Value: $1,554,275
Tax Annual Amount: $8,492
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric, Fireplace(s), Forced Air, Heat Pump, Propane
Sewer : Septic Tank, Perc Test On File
Location Details
HOA/Condo/Coop Fee Includes: Road Maintenance
HOA/Condo/Coop Amenities: None
HOA Fee: $300
HOA Fee Frequency: Annually
Condo/Coop Fee: $170
Condo/Coop Fee Frequency: Annually
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Person
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Listed by: Carla Stovall, West & Woodall Real Estate - S
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10178306
Last Updated: 3 months ago
Data Source: TMLS, MLS# 10178306
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