$252,000
●
Mobile Manufactured -
Off Market
167 Spring Branch Drive
Macon, NC 27551
3 Beds
2 Baths
1,844 Ft²
$253,954
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Escape the hustle of the city! This home is situated on two
lots in a serene area on Lake Gaston near the NC/VA line.
Outdoor entertaining, community boat ramp, open
living/kitchen floor plan, large size rooms, upgraded kitchen with
granite countertops, light fixtures and stainless appliances, two
outdoor storage unit/workshop, two driveways (park your boat!),
separate studying/admin nook, and water views from the front deck
are just a few of the features of this beautiful get-away.
Clear the land of the second lot going down to the water and
have your own private water access. Only 1 hour 15 minutes
from Raleigh/Durham.
Unit Size
1,844 Ft²
Days on Market
-
Land Size
1.34 acres
Price per sqft
$137
Property Type
Mobile Manufactured
Property Taxes
$85
HOA Dues
$13
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: 2 years ago (TMLS #2504601)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2024 | No longer available | - | |
| No longer available | |||
| Sep 14, 2023 | Listed by eXp Realty, LLC-(Clayton) | $269,900 | |
| Listed by eXp Realty, LLC-(Clayton) | |||
| | |||
|
Motivated Seller. You will love this quiet neighborhood and it's peaceful surroundings. This beautiful subdivision, Summer Place, had so much to offer, including water access with a community boat ramp for property owners to enjoy all the beauties of Lake Gaston without spending the big lake price. It's your turn to join the lake life, don't miss out. The manager has listed the unit size as 1821 square feet.
| |||
| May 31, 2023 | Sold | ||
| Sold | |||
| Apr 11, 2023 | Listed by Better Homes & Gardens Real Es | $252,000 | |
| Listed by Better Homes & Gardens Real Es | |||
| Oct 9, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Warren
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Listed by: Jason Morris, Better Homes & Gardens Real Es
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2504601
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2504601
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