$551,990
●
House -
In Contract
3822 Forty Acre Drive
Monroe, NC 28112
4 Beds
3 Baths,
1
Half Bath
3,289 Ft²
$2,982
Est. Monthly
$271
HOA / Fees
About This Property
Discover Your Dream Home in the Stonemill Community! The sprawling
Teton floor plan offers an expansive living space packed with
exciting features. The foyer leads past a private study into a
sunlit, open layout inviting gathering and entertaining. An
impressive kitchen boasting a large walk-in pantry and a center
island overlooks an airy great room and a dining area. The primary
suite is conveniently located on the main level, showcasing a
room-sized walk-in closet and a private bath with dual sinks and a
benched walk-in shower. You'll also find an owner's entrance off
the 3-bay garage. Upstairs, there are three generous bedrooms-two
with walk-in closets-and two full baths. A versatile loft space is
waiting to be transformed to suit your needs. This homesite also
offers a covered patio. County taxes, not city
Unit Size
3,289 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$168
Property Type
House
Property Taxes
-
HOA Dues
$271
Year Built
-
Listed By
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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 months ago (CANOPYMLS #CAR4419059)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Listed by CCNC Realty Group LLC | $551,990 | |
| Listed by CCNC Realty Group LLC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, Attached, Garage Faces Front
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Attic Stairs Pulldown
Appliances: Microwave, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Plumbed For Ice Maker, Exhaust Hood, Wall Oven
Flooring Type: Carpet, Tile, Vinyl, Wood
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
Has Fireplace
Fireplace Features: Electric, Great Room
Exterior Details
Square Footage: 3289
Green Sustainability
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Year Built: 2026
Waterfront Features: None
Builder Name: Century Communities
Builder Model: Teton A
Levels: Two
Window Features: Insulated Windows
Construction Materials: Fiber Cement, Stone Veneer, Brick Partial
Patio and Porch Features: Covered, Patio, Rear Porch
Lot Size Area: 0.941
Lot Size Units: Acres
Lot Size Acres: 0.941
Lot Size Square Feet: 40989.96
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air
Sewer : Private Sewer
Location Details
HOA Fee: $271
HOA Fee Frequency: Quarterly
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 Union
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Listed by: Gina Anderson, CCNC Realty Group LLC
Last Updated: 2 months ago
Data Source: CANOPYMLS, MLS# CAR4419059
Last Updated: 2 months ago
Data Source: CANOPYMLS, MLS# CAR4419059
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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