$375,000
●
House -
Off Market
196 Leaning Pine Circle
Spring Lake, NC 28390
3 Beds
3 Baths
2,309 Ft²
$2,111
Est. Monthly
$269
HOA / Fees
5.22%
Cap Rate
About This Property
$10,000 Use As You Choose Buyer Incentive!! Nestled in the
prestigious Anderson Creek Club, this updated home features fresh
paint, new LVP flooring, and new carpet. The main level offers a
family room with vaulted ceiling and fireplace, a formal dining
room, and a spacious kitchen with center island and breakfast area.
A screened porch and private backyard provide additional living
space.The main-floor primary suite includes a walk-in closet and
en-suite bath with double vanities, a jetted tub, and a separate
tiled shower. Two additional bedrooms and a full bath complete the
first level.The second floor includes a large bonus room, a third
full bathroom, and ample attic storage.Anderson Creek Club
amenities include a fitness center, multiple pools, clubhouse,
high-speed internet, and more.
Unit Size
2,309 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$162
Property Type
House
Property Taxes
-
HOA Dues
$269
Year Built
2004
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Cap Rate Calculator
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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: 6 months ago (TMLS #LP749883)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Mar 23, 2026 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Jan 2, 2026 | Price Decreased |
$385,000
↓ $9K
(2.3%) | |
| Price Decreased | |||
| Sep 6, 2025 | Listed by AC REALTY | $394,000 | |
| Listed by AC REALTY | |||
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Property Highlights
Garage
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 Andrson Creek Club
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Listed by: KAREN HUDSON, AC REALTY
Last Updated: 6 months ago
Data Source: TMLS, MLS# LP749883
Last Updated: 6 months ago
Data Source: TMLS, MLS# LP749883
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