$618,990
●
House -
For Sale
3904 Forty Acre Drive
Monroe, NC 28112
4 Beds
3 Baths,
1
Half Bath
2,935 Ft²
$3,311
Est. Monthly
$271
HOA / Fees
About This Property
The impressive Gardenia plan at Stonemill was designed with your
comfort and convenience in mind. The main floor offers an open
great room with an electric fireplace surrounded by a dining area
and a kitchen with a center island and a walk-in pantry. You'll
also find a private study. The spacious second floor boasts three
roomy bedrooms, in addition to an owner's suite with a walk-in
closet and an attached bath with dual vanities, a spa tub, and a
walk-in shower. A versatile loft space and two additional bath
round out this level. Includes a 3-bay garage. This home also
offers covered patio. County taxes, not city
Unit Size
2,935 Ft²
Days on Market
-
Land Size
0.99 acres
Price per sqft
$211
Property Type
House
Property Taxes
-
HOA Dues
$271
Year Built
-
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 18 days ago (CANOPYMLS #CAR4428657)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Listed by CCNC Realty Group LLC | $618,990 | |
| 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, Garden Tub
Appliances: Microwave, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Plumbed For Ice Maker, Exhaust Hood, Wall Oven
Flooring Type: Carpet, Tile, Vinyl
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Upper Level, Washer Hookup
Has Fireplace
Fireplace Features: Electric, Great Room
Exterior Details
Square Footage: 2935
Green Sustainability
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Year Built: 2026
Waterfront Features: None
Builder Name: Century Communities
Builder Model: Gardenia T
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: 0.994
Lot Size Units: Acres
Lot Size Acres: 0.994
Lot Size Square Feet: 43298.64
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Gina Anderson, CCNC Realty Group LLC
Last Updated: 18 days ago
Data Source: CANOPYMLS, MLS# CAR4428657
Last Updated: 18 days ago
Data Source: CANOPYMLS, MLS# CAR4428657
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.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017