$398,000
●
House -
Off Market
468 Falling Water Drive
Spring Lake, NC 28390
4 Beds
3 Baths
2,685 Ft²
$399,569
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Great price for this Gorgeous home with this 2 story foyer with
hardwood floors & transom windows over entries. Formal dining room,
2 story vaulted ceiling in living room with fireplace, open to the
breakfast area and beautiful kitchen. Lots of counter space,
stainless appliances, granite counter tops and pantry. The Primary
bedroom is downstairs with double trey ceilings, walk in closet and
bathroom has cathedral ceiling, walk in tiled shower, jetted tub,
dual vanities with bowl sinks. Second bedroom on first floor with
full bathroom just outside is ideal for guest. Upstairs
you'll find two good size bedrooms with great closest space, full
bathroom that opens to one bedroom and hallway & a large bonus
room. Relax on the screened porch looking out at woods and a
pond. Fenced backyard and a walk in storage area under the
house with concrete pad. Enjoy a gated community with Pools, splash
pad, play grounds, gym, walking trails, golf course, lakes, paddle
boats and so much more.
Unit Size
2,685 Ft²
Days on Market
-
Land Size
-
Price per sqft
$149
Property Type
House
Property Taxes
-
HOA Dues
$252
Year Built
2007
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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 years ago (TMLS #LP699412)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
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Baths
ft²
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Asking Price
Listed On
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Sold On
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HOA + Taxes
About Harnett
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Listed by: SHERRY ARNOLD, RE/MAX SOUTHERN PROPERTIES LLC.
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP699412
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP699412
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