357 Stillwater Road Troutman, NC 28166
Listing Courtesy of: TRIAD IDX / Coldwell Banker Advantage / Lee McConnell

  357 Stillwater Road Troutman, NC 28166

Active (124 Days)
$525,000
3
BED
2
BATH
1,351
SQFT

Description

**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, 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 $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!

MLS #:
1143251
Taxes
$2,164
Lot Size
1.8 acres
Type
Mfghome
Year Built
2017
County
Iredell County

Listed By

Lee McConnell, Coldwell Banker Advantage
Source
TRIAD IDX
Last checked Sep 20 2024 at 12:11 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Dishwasher
  • Slide-In Oven/Range
  • Laundry: Dryer Connection
  • Ceiling Fan(s)
  • Dead Bolt(s)
  • Laundry: Main Level
  • Kitchen Island
  • Electric Water Heater
  • Microwave
  • Laundry: Washer Hookup
Property Features
  • Fireplace: 0
Heating and Cooling
  • Electric
  • Forced Air
  • Central Air
Basement Information
  • Crawl Space
Pool Information
  • None
Flooring
  • Carpet
  • Laminate
Utility Information
  • Sewer: Septic Tank
Parking
  • Driveway
  • Garage
  • Detached
  • Garage Door Opener
Living Area
  • 1,351 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 08, 2024
Price Changed
$525,000
-4%
-20,000
Jun 04, 2024
Price Changed
$545,000
-5%
-30,000
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