$730,000
●
House -
Off Market
1860 Cedar Drive
Lenoir, NC 28645
3 Beds
5 Baths,
1
Half Bath
5,883 Ft²
$3,928
Est. Monthly
About This Property
Situated on over an acre on the golf course in beautiful Cedar Rock
Estates, this custom built home offers unparalleled views of the
course! Located in the Foothills of the NC Mountains,
craftmanship defines this residence! The open concept invites you
to enjoy this luxurious property. Designed to entertain!
Large living room with hardwood floors, soaring ceiling,
fireplace & custom built-ins. French doors open to the fabulous
terrace that expands the entire width of the home! Formal
dining room. Gourmet kitchen with a center island perfect for
gathering, & a breakfast area with views. The main level
features primary suite on one side of the home & dignified ensuite
bathroom with an impressive WIC. Work from home in the main
level office. Upstairs offers a perfect get-a-way for your guests.
The basement is an entertainer's dream with bar & built-in
tables! Relax, play cards, play ping-pong & more!
Oversized 2 car garage up & 1 car down. Lots of
storage!!! Perfection!!!
Unit Size
5,883 Ft²
Days on Market
-
Land Size
1.04 acres
Price per sqft
$136
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002
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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 (CANOPYMLS #CAR4180078)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 5, 2024 | Listed by 828 Real Estate Services | $799,900 | |
| Listed by 828 Real Estate Services | |||
| Apr 19, 2024 | Listed by 828 Real Estate Services | $829,900 | |
| Listed by 828 Real Estate Services | |||
| | |||
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Sophisticated and well appointed custom built home located on the golf course in sought-after Cedar Rock Estates! This gorgeous property is located in the Foothills of the NC Mountains! Exquisite craftmanship! A fabulous terrace overlooks the golf course & runs the entire width of the home! Designed to entertain! Large living room with beautiful hardwood floors, soaring ceiling, fireplace, custom built-ins & views of the course. Formal dining area. The gourmet kitchen features a center island perfect for gathering, breakfast area with views & elegant cabinetry. The main level features primary suite on one side of the home with a view, & dignified ensuite bathroom with an impressive WIC. You will love the sizable office, 2 guest bedrooms & spacious guest bath. Upstairs offers a bonus space, wrapping closet & full bath. The lower level provides room to relax, play cards, have drinks, play ping-pong & more! Oversized 2 car garage up & 1 car down. Lots of storage!!! Perfection!!!
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Property Highlights
Garage
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cedar Rock
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Listed by: Marianna Geyer, 828 Real Estate Services
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4180078
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4180078
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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