$379,900
●
House -
Off Market
261 Falls Creek
Spring Lake, NC 28390
4 Beds
2 Baths,
1
Half Bath
2,467 Ft²
$2,085
Est. Monthly
$219
HOA / Fees
5.94%
Cap Rate
About This Property
This gorgeous 4 bedroom/2.5 bathroom home is located in the highly
desired Anderson Creek Crossing Community! Located across from the
playground, pond, community center w/gym & restaurant. The
first floor features a beautiful eat in kitchen complete w/granite
countertops, an island, & SS appliances w/gas stove, formal dining
room, living room w/fireplace, & the guest bathroom. The
upstairs features a loft area, laundry room, 4 good sized bedrooms
w/ceilings fans. The large, main bedroom has two W/I closets,
trey ceiling, & ensuite attached. Shower in master bath
recently replaced. New carpet throughout home & interior was
freshly painted. Enjoy some outdoor time under the covered
patio area, in the fenced in back yard, or sitting on the front
porch enjoying the water view. The yard also has a sprinkler
system to keep the grass looking nice! POA includes 100 mgbs
internet, pool, gym, basketball court, gated & secured community &
more! You don't want to miss this great home!
Unit Size
2,467 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$154
Property Type
House
Property Taxes
-
HOA Dues
$219
Year Built
2015
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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 (TMLS #LP722070)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | Listed by EXIT REALTY PREFERRED | $379,900 | |
| Listed by EXIT REALTY PREFERRED | |||
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Feb 24, 2021 | Listed by EXIT REALTY PREFERRED | $282,900 | |
| Listed by EXIT REALTY PREFERRED | |||
| Feb 6, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
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 Harnett
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Listed by: AMY SYLVESTER, EXIT REALTY PREFERRED
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP722070
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP722070
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