$560,000
●
House -
Off Market
5593 Soft Shell Drive #389
Lancaster, SC 29720
5 Beds
5 Baths,
1
Half Bath
3,561 Ft²
$3,087
Est. Monthly
$312
HOA / Fees
5.71%
Cap Rate
About This Property
This new three-story home showcases a contemporary design featuring
a first-floor formal living and dining room complemented by a
casual family room and breakfast nook plus a modern kitchen and
inviting patio. A second-floor bonus room and third-floor loft add
versatility. Those floors offer a total of five bedrooms including
the owner's suite.
Resort style amenities and outdoor activities all within walking distance. The community features a resort-style pool with a splash area, clubhouse, workout facility, two playgrounds, tennis courts, baseball & soccer fields, walking trails, and community pond. Representative photos are for illustrative purposes only.
Resort style amenities and outdoor activities all within walking distance. The community features a resort-style pool with a splash area, clubhouse, workout facility, two playgrounds, tennis courts, baseball & soccer fields, walking trails, and community pond. Representative photos are for illustrative purposes only.
Unit Size
3,561 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$159
Property Type
House
Property Taxes
-
HOA Dues
$312
Year Built
-
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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 (CANOPYMLS #CAR4186494)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Price Decreased |
$564,999
↓ $24K
(4.1%) | |
| Price Decreased | |||
| Sep 24, 2024 | Listed by Lennar Sales Corp | $588,999 | |
| Listed by Lennar Sales Corp | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Attached Garage
Garage Spaces: 2
Interior Details
Bedrooms: 5
Bathrooms: 5
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Cable Prewire, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Gas Cooktop, Gas Range, Microwave, Self Cleaning Oven, Wall Oven
Flooring Type: Tile, Vinyl
Has Fireplace
Fireplace Features: Gas
Exterior Details
Parcel Number: WCE 389
Architectual Style: Transitional
Property Type: Residential
Property Sub Type: Single Family Residence
Road Responsibility: Dedicated to Public Use Pending Acceptance
Year Built: 2024
Levels: Three
Construction Methods: Stone Veneer, Vinyl
Roof: Composition
Special Conditions: None
Lot Size Dimensions: 52' x 125'
Water Source: County Water
Utilities Details
Cooling: Central Air, Zoned
Heating: Central, Natural Gas
Sewer : County Sewer
Location Details
Directions: Take exit 61 for US 521/Johnston Rd. Turn right onto US-521 S/Johnston Rd, then Continue straight to stay on US-521 S/Johnston Rd to Walnut Creek Pkwy. Follow Walnut Creek Parkway to T intersection. Model home at corner of Walnut Creek parkway and Loggerhead. Dr.
County or Parish: Lancaster
Elementary School: Van Wyck
Middle Or Junior School: Indian Land
High School: Indian Land
Other Details
Association Fee: $312
Association Fee Freq: Semi-Annually
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/24/2024
|
5 Bed
|
5 Bath
|
3561 ft²
|
$588,999
5 Bed
5 Bath
3561 ft²
|
$560,000
-4.92%
11/22/2024
|
Lee Anne Barbrey
Lennar Sales Corp
|
Building Info
About Lancaster
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Listed by: Lee Anne Barbrey, Lennar Sales Corp
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4186494
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4186494
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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