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Rowan 28138 Cardinal Village
2255 Sides Road
$248,500
● House - Off Market

2255 Sides Road

Rockwell, NC 28138
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,138 Ft²
$1,277
Est. Monthly

About This Property

Welcome to your well maintained home so close to all that Rockwell has to offer. This home features no HOA, renovations to ceilings, newly painted walls and cabinets, new windows, granite, countertops, LVP flooring, new moisture barrier and insulation in the crawl space, a new water heater, a large fenced in back yard with shade trees and so much more. Come take a tour today to make this move in ready house your home!
Unit Size
1,138 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$228
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987

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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: 2 years ago (CANOPYMLS #CAR4196622)

Price History

Date / Event Date Event Price
Dec 20, 2024 Sold
Premium
Sold
Nov 29, 2024 In contract -
In contract
Nov 1, 2024 Listed by Mark Spain Real Estate $260,000
Listed by Mark Spain Real Estate
Mar 8, 2022 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,363
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000720
  • Standard Land Use Code: 1001
  • County Land Use Code: SF
  • Legal Description 1: L6

Neighborhood

  • School District Name: Rowan-Salisbury Schools
  • School Tax School District: ROCKWELL RURAL
  • Census Tract: 050903

Zoning

  • Zoning: R1:SINGLE

Geography

  • District: 9
  • Parcel: 635A046
  • Municipality: ROCKWELL RURAL FIRE DISTRICT
  • Latitude: 35.5601
  • Longitude: -80.3954

    Address

  • Full Address: 2255 Sides Rd
  • Address - House Number: 2255
  • Address - Street Name: Sides
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Rockwell
  • Carrier Code: R006
  • 4-Digit Zip Code: 9591
  • Zip Code: 28138

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $96,156
  • Tax Rate Code Area: 113:ROCKWE

    Appraisal Valuation

  • Standard Deviation: 0.3541
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 29
  • Final Value: 353,743
  • High Value: 479,007
  • Low Value: 228,478

    Market Valuation

  • Market Total Value: $143,517
  • Market Land Value: $30,000
  • Market Improvement Value: $113,517

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,517
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $113,517

    Sales

  • Current Sale Contract Date: Mar 03, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cardinal Village

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$216

Below Asking

0.09%

Average Days on Market

58

Average Home Size

1461 ft²

Average Home Age

36 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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CANOPYMLS

Listed by: John Midler, Mark Spain Real Estate
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4196622
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.

Frequently Asked Questions

When was property at 2255 Sides Road built and last sold?
The property at 2255 Sides Road was built in 1987 and last sold on Mar 3, 2022 for $84,000.
How much is this home worth?
The estimated value of the home located at 2255 Sides Road is $0.
What are some comparable homes to 2255 Sides Road?
There are currently no comparable homes to 2255 Sides Road.
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