$1,050,024*
●
House -
Off Market
26397 Colony Drive #LOT11
Salvo, NC 27972
4 Beds
2 Baths
1680 Sqft
$896,000 - $1,094,000
Reference Base Price*
5.53%
Since Dec 1, 2022
National-US
Primary Model
Sold Jun 06, 2023
$6,390,000
$600,000
by Equity Prime Mortgage Llc
Mortgage Due Jul 01, 2053
Sold Jul 15, 2021
$652,000
Buyer
$548,250
by Movement Mortgage
Mortgage Due Aug 01, 2051
About This Property
Over $113K in rents in 2022, not counting almost $10K in owner
weeks taken during desirable periods and Thanksgiving and Christmas
which, are yet to, but probably to book for another $5K. $125K
possible? Hard to find another 4 bedroom home that produces like
this. Renovated last year, with rental income in mind, this
money maker or better said Beach GEM is a fantastic investment for
the exploding Hatteras Island rental market. As the northern
beaches become more and more crowded, many of the original visitors
to the Outer Banks seek the pace and lifestyle we used to offer.
Insert Hatteras Island, hidden from the 4 lane bypasses and
still operating under the relaxing island lifestyle. Any
concerns about beach erosion, Salvo sits on the northern tip of HI,
with Beach Gem having 100+ yards of well established dune in front
providing excellent protection from the storms that batter other
oceanfront properties. In addition, the soon to be open Jug
Handle Bridge provides Hatteras residents a route around the
famously fragile S-Turns in Rodanthe reducing the likelihood of
island being cut off. Big income, in a blossoming region of
our beaches. If investing is your game, Beach GEM is the
name.
The manager has listed the unit size as 1680 square feet.
The manager has listed the unit size as 1680 square feet.
Unit Size
1,680Ft²
Days on Market
-
Land Size
-
Price per sqft
$592
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1973
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 6, 2023 | Sold to Amanda Ajluni, Jordan Reid ... | $6,390,000 | |
Sold to Amanda Ajluni, Jordan Reid ... | |||
Nov 6, 2022 | No longer available | - | |
No longer available | |||
Sep 21, 2022 | Price Decreased |
$995,000
↓ $105K
(9.6%)
|
|
Price Decreased | |||
Jul 21, 2022 | Listed | $1,100,000 | |
Listed | |||
Jul 15, 2021 | Sold to Michael Bryant Malpezzi | $652,000 | |
Sold to Michael Bryant Malpezzi |
Show More
Property Highlights
Air Conditioning
Parking Available
Building Info
Overview
Building
Neighborhood
Geography
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
Active
House
4
Beds
3
Baths
1,880 ft²
$425/ft²
$799,000
Feb 22, 2024
-
$254/mo
Active
House
3
Beds
2
Baths
1,422 ft²
$597/ft²
$849,000
Dec 5, 2023
-
$214/mo