$517,000
●
House -
Off Market
5631 Soft Shell Drive #381
Lancaster, SC 29720
4 Beds
4 Baths,
1
Half Bath
2,713 Ft²
$2,931
Est. Monthly
$362
HOA / Fees
5.19%
Cap Rate
About This Property
This home stands out with a beautiful front elevation and treed
view behind. Enjoy the owner's suite on the main level and a
spacious loft on the second floor. The gourmet kitchen is ideal for
cooking with double wall ovens and a sizeable walk in pantry. 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.
Unit Size
2,713 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$193
Property Type
House
Property Taxes
-
HOA Dues
$362
Year Built
-
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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 #CAR4166342)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | Listed by Lennar Sales Corp | $522,999 | |
| Listed by Lennar Sales Corp | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, Attached Garage
Garage Spaces: 2
Interior Details
Bedrooms: 4
Bathrooms: 4
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Cable Prewire, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Double Oven, Electric Water Heater, Exhaust Fan, Gas Cooktop, Microwave, Self Cleaning Oven, Wall Oven
Flooring Type: Carpet, Tile, Vinyl
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Architectual Style: Transitional
Property Type: Residential
Property Sub Type: Single Family Residence
Road Responsibility: Dedicated to Public Use Pending Acceptance
Year Built: 2024
Levels: Two
Construction Methods: Stone, Vinyl
Roof: Composition
Special Conditions: None
Pool Features: Outdoor Pool – Community
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, turn left into the community follow to corner of Walnut Creek Parkway and Loggerhead Dr. The Welcome Home Center is on the corner.
County or Parish: Lancaster
Elementary School: Van Wyck
Middle Or Junior School: Indian Land
High School: Indian Land
Other Details
Association Fee: $362
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 |
|---|---|---|---|---|---|---|---|
|
07/30/2024
|
4 Bed
|
4 Bath
|
2713 ft²
|
$522,999
4 Bed
4 Bath
2713 ft²
|
$517,000
-1.15%
11/19/2024
|
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# CAR4166342
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4166342
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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