2509 Trollinger Drive
About This Property
The open-concept main level features a spacious family room that flows seamlessly into the kitchen and dining area. The chef-inspired kitchen is the heart of the home, showcasing quartz countertops, an oversized island, stainless steel appliances, abundant cabinet space, and walk-in pantry. A private main-level bedroom and full bathroom provide the perfect setup for guests, a home office, or multigenerational living. An attached two-car garage adds convenience and additional storage.
Upstairs, enjoy a spacious bonus room that is perfect for a theater, playroom, or home gym. The upper level also features four generously sized bedrooms and two full bathrooms, including a spacious primary suite complete with dual walk-in closets. Outside, you'll love the thoughtfully designed outdoor living space, featuring a level, fully fenced backyard and an expansive patio with pergola-ideal for relaxing evenings and outdoor dining.
Located in the desirable Legacy Ridge community, this home offers the rare convenience of walkable access to charming Downtown Catawba, where you can enjoy ice cream, local dining, boutique shopping, and small-town charm. Conveniently situated near NC-16 with easy access to Hickory, Mooresville, and Charlotte, plus nearby Lake Norman and Shoals Lake for boating, fishing, and outdoor recreation. Community amenities include a pool, cabana, playground, and sidewalks.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Jul 9, 2026 | In contract | - | |
| In contract | |||
| Jun 27, 2026 | Price Decreased |
$345,000
↓ $4K
(1.2%) | |
| Price Decreased | |||
| Jun 18, 2026 | Price Decreased |
$349,000
↓ $4K
(1%) | |
| Price Decreased | |||
| Jun 16, 2026 | Price Decreased |
$352,500
↓ $3K
(0.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017