357 Stillwater Road Troutman, NC 28166
Listing Courtesy of: Coldwell Banker Advantage / Sunni Lauten - Contact:  336-996-3971

  357 Stillwater Road Troutman, NC 28166

Active (123 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, 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!

MLS #:
4140726
Lot Size
1.8 acres
Type
Single-Family Home
Year Built
2017
County
Iredell County

Listed By

Sunni Lauten, Coldwell Banker Advantage, Contact: 336-996-3971
Source
CANOPY MLS - IDX as distributed by MLS Grid
Last checked Sep 20 2024 at 4:27 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Subdivision
  • None
Lot Information
  • Waterfront
Property Features
  • Foundation: Crawl Space
Heating and Cooling
  • Forced Air
  • Ceiling Fan(s)
  • Central Air
Utility Information
  • Utilities: Electricity Connected
  • Sewer: Septic Installed
School Information
  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified
Parking
  • Detached Garage
Living Area
  • 1,351 sqft
Additional Information: Advantage | 336-996-3971
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
May 20, 2024
Original Price
$575,000
-
-
Disclaimer: Based on information submitted to the MLS GRID as of 9/20/24 09:27. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.