357 Stillwater Road
$525,000
Troutman, NC, 28166
singlefamily
3
2
Lot Size: 1.8 Acres
Listing Provided Courtesy of Sunni Lauten at Coldwell Banker Advantage | 336 996-3971
ABOUT

Property Information

**Turning up the heat! Reduced 50K!!*Great STR 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, listing this offering at a 4% Cap Rate. Sellers also have data showing they have kept pricing within the lower 20-30 percentile, offering potential growth. At $525,000, 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. Lets get you in to take a look at this Fantastic opportunity!
SPECIFICS

Property Details

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Price:
$525,000
MLS #:
CAR4140726
Status:
Active
Beds:
3
Baths:
2
Address:
357 Stillwater Road
Type:
Single Family
Subtype:
Single Family Residence
City:
Troutman
Listed Date:
May 20, 2024
State:
NC
Finished Sq Ft:
1,351
ZIP:
28166
Lot Size:
78,408 sqft / 1.80 acres (approx)
Year Built:
2017
AMENITIES

Interior

Appliances
Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air
Heating
Forced Air
Laundry Features
Electric Dryer Hookup, Laundry Room
AMENITIES

Exterior

Construction Materials
Vinyl
Exterior Features
Fire Pit
Parking Features
Detached Garage
NEIGHBORHOOD

Schools

Elementary School:
Unspecified
Middle School:
Unspecified
High School:
Unspecified
FINANCIAL

Financial

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357 Stillwater Road
Troutman, NC