$309,900
↑ $5K (1.6%)
●
House -
For Sale
704 Willow Estates Drive
Shelby, NC 28150
3 Beds
2 Baths
1,388 Ft²
$1,558
Est. Monthly
$36
HOA / Fees
About This Property
Experience the comfort of contemporary living in this newly built
3-bedroom, 2-bath home situated in a thriving and sought-after
community. Conveniently located near top-rated schools and only a
short drive from downtown, residents can enjoy easy access to
shopping, dining, and daily essentials. Thoughtfully designed with
modern finishes and a practical floor plan, this home offers a warm
and welcoming space suited for a range of lifestyles.
By obtaining financing through our preferred lender take advantage of seller concessions, like our Builder Paid Closing Costs. Plus, take advantage of our $0 Down Programs!
By obtaining financing through our preferred lender take advantage of seller concessions, like our Builder Paid Closing Costs. Plus, take advantage of our $0 Down Programs!
Unit Size
1,388 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$223
Property Type
House
Property Taxes
-
HOA Dues
$36
Year Built
-
Listed By
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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: 15 days ago (CANOPYMLS #CAR4381889)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2026 | Price Increased |
$309,900
↑ $5K
(1.6%) | |
| Price Increased | |||
| May 14, 2026 | Listed by LGI Homes NC LLC | $304,900 | |
| Listed by LGI Homes NC LLC | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Driveway, Attached, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Entrance Foyer, Kitchen Island, Pantry, Walk-In Closet(s), Attic Stairs Pulldown, Walk-In Pantry
Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Oven, Self Cleaning Oven, Refrigerator with Ice Maker
Flooring Type: Carpet, Vinyl
Door Features: French Doors, Sliding Doors
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
Exterior Details
Square Footage: 1388
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Year Built: 2026
Builder Name: LGI Homes-NC, LLC
Builder Model: Ashe
Levels: One
Window Features: Insulated Windows
Construction Materials: Vinyl Siding
Patio and Porch Features: Covered, Front Porch, Patio, Rear Porch
Lot Size Area: 0.126
Lot Size Units: Acres
Lot Size Acres: 0.126
Lot Size Square Feet: 5488.56
Water Source: Public, Public
Utilities Details
Cooling Type: Ceiling Fan(s), Dual, Electric, Zoned
Heating Type: Central, Electric, Heat Pump, Zoned
Sewer : Public Sewer
Location Details
HOA Fee: $430
HOA Fee Frequency: 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
About Shelby
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Listed by: Michael Sceau, LGI Homes NC LLC
Last Updated: 15 days ago
Data Source: CANOPYMLS, MLS# CAR4381889
Last Updated: 15 days ago
Data Source: CANOPYMLS, MLS# CAR4381889
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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