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357 Stillwater Road, Troutman, NC 28166
$575,000
357 Stillwater Road, Troutman, NC 28166View this property at 357 Stillwater Road, Troutman, NC 28166
357 Stillwater RoadTroutmanNC28166
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Property Description
Great Short Term Rental opportunity with a years worth of Data! There has not been many opportunities to invest in Lake Norman Waterfront property at this price for a while! This property has already developed a track record on Airbnb and provided an NOI of almost $23,000 in the last 12 months, valuing this offering at a 4% Cap Rate. Sellers also have data showing they have kept pricing within the lower 20-30 percentile via AirDNA, offering opportunity for pricing increases. At $575,000, you are hard pressed to find any other opportunity on Lake Norman whether you are looking to invest or move in and we'd love to discuss further, INCLUDING FURNISHINGS! Bookings will continue throughout the listing and contract period unless requested by contracted buyer, so please do not disturb the tenants stay or go on the property without an approved scheduled showing. Majority of availability will be during the weekdays. Come take a look, this is a Fantastic opportunity!!
Full Property Details
Full Property Details for 357 Stillwater Rd
General
- Price: $575,000
- Status: Active
- Type: Single Family
- MLS ID: 4140726
- Updated: 5/20/2024
- Added to Site: 13 day(s) ago
Interior
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry Room
Exterior
- Exterior Features: Fire Pit
Parking
- Garage: Yes
- Garage Description: 484 Sq. Ft.
- Garage Spaces: 2
- Parking Features: Detached Garage
Location
- County: Iredell
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Electricity Connected
Structural Information
- Construction: Off Frame Modular, On Frame Modular
- Exterior Const.: Vinyl
- Main/1st Level: 1,351 Sq. Ft.
- Year Built: 2017
Lot Features
- Street/Road Desc.: Gravel, Paved
- Lot Features: Waterfront
- Rcmdd Zoning: RA
Water Features
- Water Front Name: Lake Norman
Financial Considerations
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Property ID: 4629-87-9010.000
- Lot Number: 2970-1974
Listed by Coldwell Banker Advantage
Get Pre-Approved Today
Schools
Schools serving 357 Stillwater Rd
School District:Iredell-Statesville Schools
Rating | Name | Grades | Distance |
---|---|---|---|
220 S Main St, Troutman, NC 28166 | PK-5 | 4 mi | |
305 Rumple St, Troutman, NC 28166 | 6-8 | 3.9 mi | |
299 Old Mountain Rd, Statesville, NC 28677 | 9-12 | 4.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 357 Stillwater Rd
Date
Details
Price
Change
Source
5/20/2024
Listed
$575,000
19.79%
MLS
1/19/2023
Sold
$480,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 357 Stillwater Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,164
55%
$350,600
68%
2022
$1,392
2%
$209,000
—
2021
$1,367
24%
$209,000
19%
2018
$1,103
-16%
$175,980
-16%
2019
$1,315
194%
$209,000
179%
2016
$448
—
$75,000
—
2015
$448
9%
$75,000
—
2013
$412
—
$75,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 357 Stillwater Rd
357 Stillwater Road, Troutman, NC 28166 (MLS# 4140726) is a Single Family property with 3 bedrooms and 2 full bathrooms. 357 Stillwater Road is currently listed for $575,000 and was received on May 20, 2024. Want to learn more about 357 Stillwater Road? Do you have questions about finding other Single Family real estate for sale in Troutman? You can browse all Troutman real estate or contact a Coldwell Banker agent to request more information.