$547,500
●
House -
Off Market
5130 Waterside Circle
Sherrills Ford, NC 28673
4 Beds
3 Baths,
1
Half Bath
2,243 Ft²
$2,647
Est. Monthly
About This Property
BEACH ACCESS!!! Imagine - pristine property nestled near the
shores of Lake Norman, a home that exudes charm & tranquility w/its
stunning meticulous upkeep & Lake View w/NO HOA!!! Step
inside to a beautifully laid out open floor plan, creating an
inviting space ideal for both everyday living & entertaining
guests, w/freshly painted interior walls throughout. A generously
sized primary bedroom is a true retreat, featuring a spacious
ensuite bath & a large walk-in closet. The best part-a
multi-zoned HVAC including the Primary Bedroom & Bonus Room!
Peaceful outdoor retreat from your living room to a private deck offering morning coffee, or evening cocktails, w/rear yard fully fenced & partial privacy fencing. 2 Car Gar has 240-volt plug, ideal for electric vehicle charging or workshop equipment. It presents an opportunity to savor the peaceful ambiance of Lake Norman while enjoying all the new convenience at the Villages Shoppes - only 5 minutes away! Great community!
Peaceful outdoor retreat from your living room to a private deck offering morning coffee, or evening cocktails, w/rear yard fully fenced & partial privacy fencing. 2 Car Gar has 240-volt plug, ideal for electric vehicle charging or workshop equipment. It presents an opportunity to savor the peaceful ambiance of Lake Norman while enjoying all the new convenience at the Villages Shoppes - only 5 minutes away! Great community!
Unit Size
2,243 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$240
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014
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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: 3 years ago (CANOPYMLS #CAR4159977)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | Listed by Allen Tate Lake Norman | $539,000 | |
| Listed by Allen Tate Lake Norman | |||
| Jun 2, 2024 | No longer available | - | |
| No longer available | |||
| May 20, 2024 | Price Decreased |
$550,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Mar 21, 2024 | Listed by True North Realty | $559,900 | |
| Listed by True North Realty | |||
| | |||
|
LAKE LIVING WITHOUT THE LAKE FRONT PRICE! Enter in to the beautiful open concept living area, including your dining, kitchen, living area, and breakfast nook. You are greeted with high ceilings and beautiful hardwood flooring throughout. This home is designed with comfort in mind with a zoned HVAC system in place. Enjoy your time on the beautiful back porch, where you can enjoy lake views in this large fenced in back yard. Don't worry about storage, there is a large outbuilding capable of holding all your tools and room for your hobbies. Last, but not least, Malibu Beach enjoys use of the peninsula just a short walk away. Here you can enjoy the long stretch of beach for swimming, enjoy a camp fire, and even birthday parties with friends. All of this for your use with no HOA's. This amazing seller has already had the home inspection completed, pressure washed the home, washed all the windows, and a fresh coat of paint on each wall. The manager has listed the unit size as 2243 square feet.
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Lake Norman of Catawba
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Listed by: Addie Carson, Allen Tate Lake Norman
Last Updated: 3 years ago
Data Source: CANOPYMLS, MLS# CAR4159977
Last Updated: 3 years ago
Data Source: CANOPYMLS, MLS# CAR4159977
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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