$306,000
●
House -
Off Market
509 Lenoir Drive
Spring Lake, NC 28390
3 Beds
2 Baths
2,111 Ft²
$1,561
Est. Monthly
$14
HOA / Fees
About This Property
Priced below Market Value to sell! Step into this beautifully
appointed 3-bedroom, 2-bath home where modern elegance meets
everyday functionality on a sprawling corner lot. The open-concept
interior is anchored by durable LVP flooring that flows seamlessly
through the main living areas, connecting a sophisticated formal
dining room to a sun-drenched breakfast nook. At the heart of the
home, the efficient kitchen showcases premium soft-close cabinetry
and a stylish tile backsplash, perfect for the home chef. Beyond
the main living space, a versatile bonus room offers the ideal
footprint for a home office, media room, or play area.The primary
suite serves as a true private sanctuary, featuring an expansive
walk-in closet equipped with a beautiful closet organizer to
maximize storage. The attached ensuite bath is designed for a
spa-like experience, boasting a dual vanity, a deep garden tub for
soaking, and a stunning large tile shower. This home offers a
polished professionally cleaned and move-in-ready experience.
Unit Size
2,111 Ft²
Days on Market
-
Land Size
-
Price per sqft
$149
Property Type
House
Property Taxes
-
HOA Dues
$14
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: 8 months ago (TMLS #LP757227)
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Garage
Fireplace
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Overhills Creek
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Listed by: WENDY WIEGAND, EXP REALTY LLC
Last Updated: 8 months ago
Data Source: TMLS, MLS# LP757227
Last Updated: 8 months ago
Data Source: TMLS, MLS# LP757227
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