$300,000
●
House -
Off Market
490 Orchard Falls Drive
Spring Lake, NC 28390
4 Beds
2 Baths,
1
Half Bath
$315,893
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
Very well maintained ranch style home with 3 bedrooms 2 bathroom
plus a bonus room and additional 4th bedroom with full bath on the
2nd floor. Home is located in the desirable gated community
of Anderson Creek Club. Home offers a fenced backyard.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$244
Year Built
2009
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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 #LP676825)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2024 | No longer available | - | |
| No longer available | |||
| Mar 27, 2024 | Listed by CORNERSTONE REAL ESTATE,INC. | $2,300 | |
| Listed by CORNERSTONE REAL ESTATE,INC. | |||
| | |||
|
-It's the lifestyle that brings people out to Anderson Creek Club! This is a must see home offering a 4 bedroom, plus bonus room with fireplace! Crown molding in lower level, wired for theater and surround sound! New refrigerator, lots of space in this home! Upgraded landscaping with trek deck, added concrete kitchen area costing over 20K! Oversized garage with workbench!In a gated golf community with lots of AMENITIES! No city tax, only 15 mins from Bragg making this a perfect place!! The manager has listed the unit size as 2430 square feet.
| |||
| May 17, 2023 | Sold | ||
| Sold | |||
| Feb 1, 2022 | Sold | ||
| Sold | |||
| Jan 21, 2022 | Listed by PINELAND REALTY LLC | $300,000 | |
| Listed by PINELAND REALTY LLC | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Sold On
Sold On
HOA + Taxes
About Harnett
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Listed by: MELISSA CRUMLEY, PINELAND REALTY LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP676825
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP676825
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