357 Stillwater Road

Troutman, NC 28166

$575,000
Price
3
Beds
2
Baths
1,351 Sq. Ft.
$426 / Sq. Ft.
1,351
Sq. Ft.
$426
per Sq. Ft.

Description

Great Short Term Rental 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 $575,000, you are...Great Short Term Rental 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 $575,000, 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!
  1. Listed by Sunni Lauten • Coldwell Banker Advantage • 336-996-3971

Property Details for 357 Stillwater Road

Waterfront Features
None
View
Water
Parking Features
Detached Garage
Subdivision Name
none

Location

Listing Courtesy of Coldwell Banker Advantage
Add your commute
LISTING UPDATED: 05/21/2024 01:08 PM

Property Details for 357 Stillwater Road

StatusActive
MLS #4140726
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2017
Lot Size1.80 AC / 78,408 SF
CountyIredell County

Location

Listing Courtesy of Coldwell Banker Advantage
Add your commute

Building Information for 357 Stillwater Road

Stories-Year Built2017Building Size-Lot Size1.80 AC / 78,408 SF

Payment Calculator

$3,318 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$180

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 357 Stillwater Road

Summary
Location and General Information
  • Water Body Name: Lake Norman
  • Longitude: -80.92245
  • Zoning: RA
  • Latitude: 35.649928
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $350,600.00
  • Parcel Number: 4629-87-9010.000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Open Parking: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Main Level Garage: Yes
Property
Lot Information
  • Above Grade Finished Area: 1351.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Garage: 484
  • Sq Ft Lower: 0
  • Sq Ft Main: 1351
  • Sq Ft Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Lot Features: Waterfront
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource: 1
  • New Construction: No
  • Photos Count: 27
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Off Frame Modular,On Frame Modular
  • Assumable: No
  • Senior Community: No
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Septic Installed
  • Utilities: Electricity Connected
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fire Pit
  • Construction Materials: Vinyl
  • Road Surface Type: Gravel, Paved
Interior Features
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Levels: One
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Laundry Features: Electric Dryer Hookup, Laundry Room
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Bedroom Main: 3
  • Full Bath Main: 2
  • Half Bath Main: 0
Room Information
Room 1
  • Room Types: Living Room
  • Room Level: Main
Room 2
  • Room Types: Kitchen
  • Room Level: Main
Room 3
  • Room Types: Den
  • Room Level: Main
Room 4
  • Room Types: Primary Bedroom
  • Room Level: Main
Room 5
  • Room Types: Bedroom(s)
  • Room Level: Main
Room 6
  • Room Types: Bedroom(s)
  • Room Level: Main
Room 7
  • Room Types: Laundry
  • Room Level: Main

Property History for 357 Stillwater Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 357 Stillwater Road

Taxable ValueLand$125,000Additions$225,600Total$350,600
Tax Record2023$2,164 ($180 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,275 SqFtAbove Grade Finished SqFt1,275 SqFtStories1Lot Size78,408 SqFtStyleSingle Family ResidenceYear Built2017ZoningRACountyIREDELLAPN4629-87-9010.000

Schools near 357 Stillwater Road

This home is within Iredell-Statesville School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Troutman Elementary School
PublicPK to 5

Troutman Middle School
Public6 to 8

South Iredell High School
Public9 to 12

Discovery Program at The Springs
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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357 Stillwater Road is a single family home for sale in Troutman, NC 28166. This property was listed for sale on May 20, 2024 by Coldwell Banker Advantage, it's currently listed at $575,000. It has been on the market for a total of 13 days and was last sold on January 19, 2023. This listing's school district is Iredell-Statesville School District. Nearby schools include Troutman Elementary School, Troutman Middle School and South Iredell High School. 357 Stillwater Road is a 3-bed, 2-bath, 1,351 sqft single family home built in 2017.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Advantage

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.