4286 Anderson Mountain Road
About This Property
Like new! (2 years old), 3 Bedroom/ 2 Bath gem in Catawba County. 1447 sq ft of worry-free living with warranties on the high efficiency Carrier heat pump system, water heater, and brand new kitchen appliances (extended 6-yr warranty on stove/fridge/dishwasher). Open, versatile layout, conducive to any furniture arrangement.
Granite countertops, waterproof laminate, and ceramic tile. Huge ground level walk-out basement for storage/workshop, (As big as a 3 car garage!)
Sprawling .64-acre lot with low county taxes and NO HOA! Minutes to Lake Norman boat ramps and Mountain Creek Park (hiking, biking, pickleball). Close to the NC16 bypass and an easy run to Charlotte. Also central to Mooresville, Hickory and Lincolnton for all your shopping and dining needs! This home needs nothing and is move in ready! Don't wait! Come check this one out today! Some photos have been virtually rendered.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017