44
Map
$898,000
↓ $51K (5.4%)
●
House -
For Sale
37 Stone House Road
Arden, NC 28704
5 Beds
4 Baths,
1
Half Bath
4,554 Ft²
$4,460
Est. Monthly
$50
HOA / Fees
About This Property
5-bedroom, 4.5 bath home with a second living quarter in the full
basement. Must see! Some photos are digitally enhanced.
Unit Size
4,554 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$197
Property Type
House
Property Taxes
-
HOA Dues
$50
Year Built
2006
Listed By
Stephanie Smith
Sweatt Realty, LLC
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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: 21 days ago (CANOPYMLS #CAR4410590)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Price Decreased |
$898,000
↓ $51K
(5.4%) | |
| Price Decreased | |||
| Sep 18, 2026 | Price Decreased |
$949,000
↓ $41K
(4.1%) | |
| Price Decreased | |||
| Aug 3, 2026 | Listed by Select Premium Properties Inc | $990,000 | |
| Listed by Select Premium Properties Inc | |||
| Jan 26, 2021 | Sold | ||
| Sold | |||
| Jan 29, 2008 | Sold | ||
| Sold | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Parking Features: Driveway, Attached, Garage Door Opener, Garage Faces Front, On Street, Keypad Entry
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Other, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Cable Prewire, Walk-In Pantry
Appliances: Convection Oven, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Oven, Refrigerator, Self Cleaning Oven, Warming Drawer, Water Softener, Filtration System
Flooring Type: Carpet, Tile, Wood
Door Features: French Doors, Screen Door(s)
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Main Level, Sink, Washer Hookup
Has Fireplace
Fireplace Features: Family Room, Gas Starter, Great Room, Gas Vented
Basement: Apartment, Daylight, Exterior Entry, Finished, Full, Interior Entry, Walk-Out Access
Exterior Details
Square Footage: 4554
Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System, Smoke Detector(s)
Year Built: 2006
Levels: Two
Other Structures: Shed(s)
Window Features: Insulated Windows, Skylight(s), Window Treatments
Construction Materials: Fiber Cement, Stone
Patio and Porch Features: Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened
Pool Features: In Ground
Pool is Private
Lot Features: Open Lot, Wooded, Views, Green Area
Lot Size Area: 0.34
Lot Size Units: Acres
Lot Size Acres: 0.34
Lot Size Square Feet: 14810.4
Water Source: Public
Financial Details
Tax Assessed Value: $502,400
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric, Gas, Heat Pump, Multi Units, Zoned
Heating Type: Central, Electric, Forced Air, Heat Pump, Natural Gas, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Dog Park, Trail(s)
HOA Fee: $50
HOA Fee Frequency: Monthly
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
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Waightstill Mountain
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Listed by: Stephanie Smith, Select Premium Properties Inc
Last Updated: 21 days ago
Data Source: CANOPYMLS, MLS# CAR4410590
Last Updated: 21 days ago
Data Source: CANOPYMLS, MLS# CAR4410590
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.
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.
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