$285,000
●
House -
Off Market
16 Starboard Tack
Sanford, NC 27332
3 Beds
2 Baths
1,722 Ft²
$1,495
Est. Monthly
$75
HOA / Fees
About This Property
3 Bedroom, 2 Bath plus Bonus room on corner lot in beautiful
Carolina Lakes where you can enjoy Boating, swimming, golf and
more. This home has a very open floor plan with gas log fireplace,
cathedral ceilings, bamboo flooring, granite countertops, stainless
front appliances and pantry. Spacious master has a walk in closet,
jetted tub, separate shower and dual vanity. All bedrooms on main
level. Large garage with ample parking and storage space.
Have your coffee on the quaint back porch, or enjoy rocking on the
front porch waving to the neighbors as they walk by. Fenced
backyard has extended patio and firepit area as well as raised beds
for planting. Short walk to the clubhouse where you can
enjoy activities like the food trucks and farmers market on Friday
nights, pool, fitness trail, basketball and pickleball courts,
playground and athletic field. Beach access and boat ramp also
available. Wheelchair ramp in place but can be removed &
there are steps under the ramp.
Unit Size
1,722 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$168
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
2005
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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: 11 months ago (TMLS #LP730703)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Price Decreased |
$289,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Oct 18, 2024 | Price Decreased |
$298,500
↓ $7K
(2.1%) | |
| Price Decreased | |||
| Sep 17, 2024 | Price Increased |
$305,000
↑ $16K
(5.5%) | |
| Price Increased | |||
Show More
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Carolina Lakes
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Listed by: SHERRY ARNOLD, RE/MAX SOUTHERN PROPERTIES LLC.
Last Updated: 11 months ago
Data Source: TMLS, MLS# LP730703
Last Updated: 11 months ago
Data Source: TMLS, MLS# LP730703
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