902 Lighthouse Drive , Lot 15

    Corolla, NC 27927
    • $800,000
    • STATUS: Closed
    • ON SITE: 152 days
    • MLS #: 101228
    Sold - 12/07/2018
    $800,000
    SOLD - 12/07/2018
    • 6
      BEDS
    • 0.46
      ACRES
    • 4
      BATHS
    • 1
      1/2 BATHS
    • 3,829
      SQFT
    • $209
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1999
    County:

    School Ratings & Info

    Description

    TRUE 12% Gross Return on Investment, see proven rental history. One of the best rate of returns in Corolla under 900k. This Quality-Built 6 Bedroom, 4 1/2 Bath Semi-Oceanfront has it all! The list includes; easy beach access (one house over), outstanding ocean views, remarkable location (high and dry), consistently high rental Income (at least 10% every year, and this year 12.6% GRI), high elevation, large saltwater heated pool, expansive pool deck, a 2-Tiered Gazebo-Style deck with Hot Tub & Screened-in Porch with Views, an Elevator and is fully Handicap-Accessible. The Open-Concept Top Floor is open and airy with cathedral ceilings and loads of light. You'll enjoy the gas fireplace, built-in cabinetry and access to expansive decking with breathtaking oceanscapes in multiple directions. Additionally the top floor features a King Master Suite with handicap-friendly features, nicely appointed kitchen with pantry, newer stainless steel appliances, dining area and half bath. 4 out of the 6 bedroom have private access to spacious deck. The home's Mid-Level offers a 2nd Handicap-Friendly master king suite, one king bedroom, one bedroom with two pyramid bunks, a full bath and an additional family gathering space/den. The ground floor features a Game room with pool table, wet bar, full size refrigerator, laundry closet and two bedrooms: one queen, and one pyramid bunk which share a full bath. Large Lot with plenty of parking. 2017 home generated $105,042, Exterior was recently painted in January 2018. No water intrusion during 2016 Storms! Seller didn't raise his prime weeks for 2018 season, Twiddy says you could raise a 1000 for 6 prime weeks and get 6k more a year. That would put you at 110k.

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    © 2018 Outer Banks Association of Realtors MLS. IDX information 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Outer Banks Realty Group. Data last updated: 2018-12-13T13:37:42.133.
    www.outerbanksrealtygroup.com/homes/85587391

    902 Lighthouse Drive , Lot 15 Corolla, NC 27927

    • Price: $899,900
    • Status: Closed
    • Updated: 42 min ago
    • MLS #: 101228
    6
    Beds
    4
    Baths
    1
    ½ Baths
    0.46
    Acres
    3,829
    SQFT
    $209
    $/SQFT
    1999
    Built
    Neighborhood:
    Whalehead Club
    County:
    Currituck
    Area:
    Corolla Oceanside
    Property Description
    TRUE 12% Gross Return on Investment, see proven rental history. One of the best rate of returns in Corolla under 900k. This Quality-Built 6 Bedroom, 4 1/2 Bath Semi-Oceanfront has it all! The list includes; easy beach access (one house over), outstanding ocean views, remarkable location (high and dry), consistently high rental Income (at least 10% every year, and this year 12.6% GRI), high elevation, large saltwater heated pool, expansive pool deck, a 2-Tiered Gazebo-Style deck with Hot Tub & Screened-in Porch with Views, an Elevator and is fully Handicap-Accessible. The Open-Concept Top Floor is open and airy with cathedral ceilings and loads of light. You'll enjoy the gas fireplace, built-in cabinetry and access to expansive decking with breathtaking oceanscapes in multiple directions. Additionally the top floor features a King Master Suite with handicap-friendly features, nicely appointed kitchen with pantry, newer stainless steel appliances, dining area and half bath. 4 out of the 6 bedroom have private access to spacious deck. The home's Mid-Level offers a 2nd Handicap-Friendly master king suite, one king bedroom, one bedroom with two pyramid bunks, a full bath and an additional family gathering space/den. The ground floor features a Game room with pool table, wet bar, full size refrigerator, laundry closet and two bedrooms: one queen, and one pyramid bunk which share a full bath. Large Lot with plenty of parking. 2017 home generated $105,042, Exterior was recently painted in January 2018. No water intrusion during 2016 Storms! Seller didn't raise his prime weeks for 2018 season, Twiddy says you could raise a 1000 for 6 prime weeks and get 6k more a year. That would put you at 110k.
    Exterior Features

    Construction FrameWood Covered Deck Size Yes Exterior Lap Siding Extras Ceiling Fan(S)Covered DecksElevatorGazeboHandicap FriendlyHot TubOutside LightingOutside ShowerScreened PorchSun DeckDry Entry Foundation PilingSlab Garage Carport Lot Description Level Lot Faces E Lot Size Dimensions 100X200 Parking PavedOff StreetUnder Pool OutdoorIn GroundGuniteHeated SaltPrivate Pool Pool YN Yes Roads Public Roof Asphalt/Fiber Shingle Screen Porch Size Gazebo Street Frontage 100 Style Reverse Floor PlanCoastal Sun Deck Size Large View Description Ocean Waterfront Location Semi-Oceanfront (2Nd Row)

    Interior Features

    Air Conditioning Heat PumpZoned Appliances DishwasherMicrowaveRange/OvenRefrigeratorWasher2Nd Dishwasher Bedroom1 Level 3 Bedroom1 Size Master Bedroom2 Level 2 Bedroom2 Size Master Bedroom3 Level 2 Bedroom3 Size King Bedroom4 Level 2 Bedroom4 Size Duo Bedroom5 Level Ground Bedroom5 Size Queen Bedroom6 Level Ground Bedroom6 Size Duo Counter Tops Laminate Dining Room Level 3 Dining Room Size Ocean View Floor Coverings CarpetVinylHardwood Furnishings Available YN Yes Game Room Level Ground Game Room Size Spacious Heating ElectricHeat PumpZoned Interior Features Cathedral Ceiling(S)Gas FireplaceMaster BathPantryWet Bar Kitchen Level 3 Kitchen Size Ocean View Living Room Level 3 Living Room Size Ocean View Optional Rooms FoyerGame Room

    Property Features

    Annual Rental Income 112065 Association Fee YN No Bank Owned YN No Estimated Annual Fee 0 Financing Options CashConventional Flood Zone Ae Lease Terms Weekly Possession At Closing Potential Short Sale No Primary Residence YN No Rental Cottage Name Changes in Attitude Rental Performance 0.1401 Residential Type Single Family - Detached Sewer Septic Private Septic Tax Year 2017 Taxes 5997.23 Water Municipal Zoning Res

    Listing courtesy of Heather Vandermyde of Coldwell Banker-Seaside Realty - Kdh.
    © 2018 Outer Banks Association of Realtors MLS. IDX information 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Outer Banks Realty Group. Data last updated: 2018-12-13T13:37:42.133.
     
    Outer Banks Realty Group
    PO Box 905
    Kitty Hawk NC, 27949