$274,000
●
House -
Off Market
82 Cool Creek Drive
Willow Springs, NC 27592
3 Beds
2 Baths,
1
Half Bath
1,897 Ft²
$1,601
Est. Monthly
7.28%
Cap Rate
About This Property
SO MUCH POTENTIAL!!
And a 1 yr home warranty provided by seller!
Awesome find in a highly desired area. Don't miss out on this great home that offers lots of space for your family! Huge bonus room with French doors and flex space on second floor allow for many different living options. Appliances convey. Awesome lot with a mature and fruiting fig tree straight from Italy. Oversized screened back porch looks into the private fenced yard that backs up to trees. Recently serviced HVAC. New floors downstairs, sellers will entertain a carpet and paint allowance with the right offer!
And a 1 yr home warranty provided by seller!
Awesome find in a highly desired area. Don't miss out on this great home that offers lots of space for your family! Huge bonus room with French doors and flex space on second floor allow for many different living options. Appliances convey. Awesome lot with a mature and fruiting fig tree straight from Italy. Oversized screened back porch looks into the private fenced yard that backs up to trees. Recently serviced HVAC. New floors downstairs, sellers will entertain a carpet and paint allowance with the right offer!
Unit Size
1,897 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$158
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
2003
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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 #10040632)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| Apr 21, 2025 | In contract | - | |
| In contract | |||
| Apr 5, 2025 | Price Decreased |
$400,000
↓ $9K
(2.2%) | |
| Price Decreased | |||
| Mar 28, 2025 | Price Decreased |
$409,000
↓ $16K
(3.8%) | |
| Price Decreased | |||
| Mar 14, 2025 | Listed by NorthGroup Real Estate LLC | $425,000 | |
| Listed by NorthGroup Real Estate LLC | |||
| | |||
|
This completely upgraded, modern traditional home is on a quiet cul-du-sac only minutes to shopping, restaurants & entertainment. The large lot features a massive screened in porch, large deck and tree lined backdrop. All new HVAC system, brand new kitchen with quartz countertops, herringbone backsplash, new oven, new dishwasher and built in pantry. Gorgeous fireplace surround and newly serviced fireplace. All new light fixtures throughout, updated plumbing fixtures and bathroom vanities, new toilets, beautiful walk-in, tiled shower in the master. Large bonus room with storage closet leads to bright office with a storage closet . Fresh paint throughout, and gorgeous real wood look LVP in every room. The stairs are hardwood with new steel balusters. Finished 2 car garage with new epoxy floors and a detached storage shed. Don't miss this great find! No HOA!
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About Forest Ridge
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Listed by: Jacquelyn Tingen, KW Realty Platinum
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10040632
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10040632
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