$369,000
●
House -
Off Market
533 Falling Water Road
Spring Lake, NC 28390
4 Beds
3 Baths,
1
Half Bath
2,127 Ft²
$2,073
Est. Monthly
$261
HOA / Fees
5.66%
Cap Rate
About This Property
Immaculate 4 BR/3.5 BA home w/fenced backyard located in the highly
desirable gated, golf course community of Anderson Creek Club.
This corner lot home truly has the WOW factor with so many
details & one to truly admire! No details was left out on
this charming semi brick split level home. Starting with the
inviting oversized front porch w/views of the 6th hole, a welcoming
foyer w/hardwood flooring throughout, formal dining area with
coffered ceiling, living room with cathedral ceilings, new fixtures
through out. The kitchen features upgraded SS appliances,
granite countertops, white cabinetry. 1st floor primary suite
w/showcases trey ceilings , luxury private bathroom & custom
walk-in closet to complete. 2 additional bedroom + 1.5
bathrooms + laundry room can be found on the 1st floor.
Hidden stair case leads you to the 4th bedroom, full guest
bathroom and unfinished storage. Home has brand new water
heater (4/2025), newer roof (2/23), Newer HVAC system (2021).
Schedule today!
Unit Size
2,127 Ft²
Days on Market
-
Land Size
-
Price per sqft
$173
Property Type
House
Property Taxes
-
HOA Dues
$261
Year Built
2005
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Cap Rate Calculator
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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 #LP742138)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 16, 2025 | Listed by PINELAND REALTY LLC | $369,000 | |
| Listed by PINELAND REALTY LLC | |||
| Apr 26, 2022 | Sold | ||
| Sold | |||
| Feb 23, 2022 | Listed by PINELAND REALTY LLC | $310,999 | |
| 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
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 Harnett
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Listed by: MELISSA CRUMLEY, PINELAND REALTY LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP742138
Last Updated: 2 years ago
Data Source: TMLS, MLS# LP742138
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