420 Sullivan Loop Road
About This Property
As you step inside, you'll immediately notice the spacious and open floor plan, providing a welcoming atmosphere. The living area boasts abundant natural light, creating a bright and airy ambiance. The well-appointed kitchen features sleek countertops, modern appliances, and ample cabinetry, offering both style and functionality.
The townhome features two generously sized bedrooms, providing plenty of space for relaxation and rest.
One of the key highlights of this property is its unbeatable location. Midway Park is ideally situated close to the Marine Corps Base Camp Lejeune, making it an ideal choice for military personnel seeking proximity to the base. Additionally, the townhome is just a short drive away from North Carolina's stunning coastal beaches, allowing residents to enjoy sun-soaked days and refreshing ocean breezes.
Outside, you'll find a low-maintenance yard, providing a perfect space for outdoor activities or simply relaxing in the fresh air.
In summary, this 2-bedroom, 2-bathroom townhome in Midway Park, NC, presents an excellent opportunity to enjoy a comfortable and convenient coastal lifestyle. Schedule your showing today!
The manager has listed the unit size as 980 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 21, 2023 | Sold | ||
| Sold | |||
| Jun 7, 2023 | No longer available | - | |
| No longer available | |||
| Jun 5, 2023 | Price Decreased |
$170,000
↓ $9K
(5%) | |
| Price Decreased | |||
| Jun 1, 2023 | Price Decreased |
$179,000
↓ $8K
(4%) | |
| Price Decreased | |||
| Apr 25, 2023 | Listed | $186,500 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/25/2023
| |
2 Bed
|
1.5 Bath
|
980 ft²
|
$186,500
2 Bed
1.5 Bath
980 ft²
|
-
-
|
Shana Smith
Berkshire Hathaway HomeServices Hometown, REALTORS
|
|
03/12/2020
| |
2 Bed
|
2 Bath
|
980 ft²
|
$120,900
2 Bed
2 Bath
980 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017