357 Stillwater Road
Troutman, NC 28166
- 3 beds
- 2 baths
- 1,351 sqft
- ~2 acre lot
- $403 per sqft
- 2017 build
- – on site
**Turning up the heat! Reduced 30K!!*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 via AirDNA, offering opportunity for pricing increases. At $545,000, 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!
Last checked:
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Checking…
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Last updated Jun 11, 2024
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MLS# 4140726 —
This home is listed in more than one place. See it here.
The Building
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Year Built:2017
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New Construction:false
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Construction Type:Off Frame Modular,On Frame Modular
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Subtype:Single Family Residence
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Construction Materials:Vinyl
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Levels:One
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Basement:false
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Foundation Details:Crawl Space
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Above Grade Finished Area:1351
Interior
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Living Area:1351
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Fireplace:false
Location
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Latitude:35.649928
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Longitude:-80.92245
The Property
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Type:Residential
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View:Water
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Lot Features:Waterfront
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Lot Size Area:1.8
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Lot Size Units:Acres
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Zoning:RA
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Zoning Specification:RA
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Exterior Features:Fire Pit
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Waterfront Features:None
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Road Responsibility:Publicly Maintained Road
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Road Surface Type:Gravel, Paved
Listing Agent
- Contact info:
- Agent phone:
- (336) 996-3971
- Office phone:
- (336) 996-3971
Taxes
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Parcel Number:4629-87-9010.000
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Tax Assessed Value:350600
Beds
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Bedrooms Total:3
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Bedroom Main:3
Baths
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Baths:2
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Full Baths:2
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Full Baths Main:2
The Listing
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Special Listing Conditions:None
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Buyer's Brokerage Compensation:2.5
Heating & Cooling
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Heating:Forced Air
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Cooling:Ceiling Fan(s), Central Air
Utilities
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Utilities:Electricity Connected
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Sewer:Septic Installed
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Water Source:Well
Appliances
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Appliances:Dishwasher, Electric Range, Electric Water Heater, Refrigerator
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Laundry Features:Electric Dryer Hookup, Laundry Room
Schools
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Elementary School:Unspecified
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Middle School:Unspecified
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High School:Unspecified
The Community
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Subdivision Name:none
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Senior Community:false
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Water Body Name:Lake Norman
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HOA Subject To:None
Parking
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Parking Features:Detached Garage
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Garage:true
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Garage Spaces:2
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Main Level Garage:Yes
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SqFt Garage:484
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Carport:false
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Open Parking:false
Monthly cost estimate
![357 Stillwater Road](https://images.estately.net/37_CAR4140726_0_1716311425_636x435.jpg)
Asking price
$545,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,918
|
Taxes | N/A |
Insurance | $149 |
Utilities | $118 See report |
Total | $3,185/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/4/24
Jun 4, 2024
|
Price Changed | CMLS | $545,000 | -5.2% |
5/19/24
May 19, 2024
|
Listed / Active | CMLS | $575,000 | |
5/18/24
May 18, 2024
|
Coming Soon | CMLS | $575,000 | 19.9% (15.0% / YR) |