3058 Amaranth Drive
About This Property
The kitchen features abundant cabinetry, granite countertops, stainless steel appliances, a center island, and ample workspace. A standout feature is the private flex space with its own exterior entrance and half bath. Previously used as a home salon, this versatile area offers excellent potential for a home office, studio, guest space, or other flexible use.
Enjoy a large, private backyard on a shaded lot along with a covered outdoor living area with a fire pit and a spacious garage. Lake Ridge residents enjoy an impressive collection of community amenities, including a lodge-style clubhouse, fitness center, junior Olympic pool with water slide, kiddie pool, tennis and basketball courts, playground, and miles of walking trails throughout the community. Conveniently located near Lake Wylie and the Catawba River, this home offers abundant space, flexibility, and access to exceptional neighborhood amenities. Home comes with a 100 day home warranty included with Buyer activation.
Vihttps://www.insidemaps.com/property/usMPzrHaia/project/jor4znseXG/listing?projectId=jor4znseXG&env=productionew virtual tour here
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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 |
|---|---|---|---|
| Oct 3, 2026 | Price Decreased |
$699,900
↓ $30K
(4.1%) | |
| Price Decreased | |||
| Sep 19, 2026 | Price Decreased |
$729,900
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Aug 29, 2026 | Listed by OfferPad Brokerage LLC | $749,900 | |
| Listed by OfferPad Brokerage LLC | |||
| Apr 26, 2011 | Sold | ||
| Sold | |||
| Feb 28, 2011 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017