Person
391 POINT Trail
$400,000
●
House -
Off Market
391 POINT Trail
Semora, NC 27343
2 Beds
3 Baths
1,075 Ft²
$690,548
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
The cutest get-away on Hyco Lake with a guest house! You will
be blown away by the views when you pull up to this property.
Sitting on a little over an acre and over 250 ft of shoreline are
two of the cutest cottages on Hyco Lake. The main house with
its shabby sheik decor & the coolest log home guest house you will
ever see! Both cottages have their own covered porches & the
main house has a large screened in porch where you will spend
countless hours enjoying the lake when you are not on the water!
Unit Size
1,075 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$419
Property Type
House
Property Taxes
$266
HOA Dues
$38
Year Built
1987
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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: 9 months ago (TMLS #2122065)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by West & Woodall Real Estate - D | $839,900 | |
| Listed by West & Woodall Real Estate - D | |||
| Apr 23, 2018 | Sold | ||
| Sold | |||
| Apr 14, 2017 | Listed by West & Woodall Real Estate - D | $450,000 | |
| Listed by West & Woodall Real Estate - D | |||
| | |||
|
The cutest get-away on Hyco Lake with a guest house! You will be blown away by the views when you pull up to this property. Sitting on a little over an acre and over 250 ft of shoreline are two of the cutest cottages on Hyco Lake. The main house with its shabby sheik decor & the coolest log home guest house you will ever see! Both cottages have their own covered porches & the main house has a large screened in porch where you will spend countless hours enjoying the lake when you are not on the water!
| |||
Property Highlights
Air Conditioning
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
Listed On
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Sold On
Sold On
HOA + Taxes
About Person
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kirk West, West & Woodall Real Estate - D
Last Updated: 9 months ago
Data Source: TMLS, MLS# 2122065
Last Updated: 9 months ago
Data Source: TMLS, MLS# 2122065
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