Print Listing Details for 357 Stillwater Rd

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357 Stillwater Rd Troutman, North Carolina 28166 MLS# 4140726

• $545,000
• 3 Bedrooms, 2 Baths, 1351 Sq. Ft., 2 Garage Spots

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Property Remarks

**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!

Room Locations

Living Room	Main
Kitchen	Main
Den	Main
Laundry	Main
Primary Bedroom	Main
Bedroom(s)	Main
Bedroom(s)	Main

Bathrooms

• 2 Full Baths

• *Approximate Payments: $2,651
• Days on Market: 42

• Address: 357 Stillwater Rd
• City: Troutman
• Zip Code: 28166
• County: Iredell

• Elementary School: Unspecified
• Junior High: Unspecified
• High School: Unspecified

• Fireplace: No
• Laundry Location: Electric Dryer Hookup,Laundry Room
• Appliances: Dishwasher,Electric Range,Electric Water Heater,Refrigerator

• HVAC: Forced Air
• Water: Well
• Sewer: Septic Installed

• Exterior: Fire Pit
• Construction Materials: Vinyl

• Lot Size: Acres
• Lot Description: Waterfront

• Parking: Detached Garage
• Driveway: Gravel,Paved

• Property Type: Single Family
• New Construction: No
• Foundation: Crawl Space

• List Status: Active
• : 336-996-3971

Listing Courtesy of Coldwell Banker Advantage
This listing was Active when printed on 6/30/2024

Listings courtesy of Canopy MLS as distributed by MLS GRID.

The data relating to real estate for sale on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. Based on information submitted to the MLS GRID as of 6/30/2024 11:15:01 AM. 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.

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