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Lee McConnell · Coldwell Banker Advantage

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Buy a houseat 357 Stillwater Road, Troutman, NC 28166

$525,000

$545,000 (-3.67%)

$0/mo

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Residential

1,351 Sq. Ft.

0 Sq. Ft. lot

3 Bedrooms

2 Bathrooms

357 Days on market

1143251 MLS ID

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Price per square foot history
Property sales history

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About 357 Stillwater Road house

**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!
**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!

Property details

Appliances

Range

Oven

Microwave

Dishwasher

Electric Water Heater

Basement

Crawl Space

Construction materials

Vinyl Siding

Cooling

Central Air

Ceiling Fan(s)

Flooring

Carpet

Laminate

Heating

Electric

Forced Air

Interior features

Ceiling Fan(s)

Kitchen Island

Laundry features

Main Level

Washer Hookup

Levels

One

Parking features

Driveway

Garage

Garage Door Opener

Detached

Pool features

None

Security features

Smoke Detector(s)

Sewer

Septic Tank

Structure type

House

Monthly cost

Estimated monthly cost

$3,381/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Jan 19, 2023

Price

$480,000

Date

Dec 9, 2015

Price

$75,000

DatePrice
Jan 19, 2023$480,000
Dec 9, 2015$75,000

Schools

This home is within the Iredell-statesville Schools.

Troutman & Statesville enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$493,500

+$15,750

$509,250

Seller agent commission$15,750 (3%)*

$0 (0%)

Buyer agent commission$15,750 (3%)*

$15,750 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Get $15,750 more selling your home
with an Unreal Estate agent

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View related pages

State

  • Land for sale in North Carolina
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  • Real Estate for Sale in North Carolina

Unreal Estate checked: Sep 10, 2024 at 1:34 p.m.

Data updated: Aug 28, 2024 at 7:33 a.m.

Courtesy of Coldwell Banker Advantage.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2025 Triad MLS, Inc. of North Carolina. All Rights Reserved.

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