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Listing 5 out of 35
$1,049,000 - Single Family Home, 8 beds, 7 baths, 2 baths, 4,498 sq ft,
422 Myrtle Pond Road, Corolla, NC 27927
MLS No. 105325

Listing Description

ALREADY OVER $100K ON THE BOOKS FOR 2020. STRONG rental investment with $131,735 in Rents for 2019 in the prestigious neighborhood of Pine island, just steps from the beach. (4-5 minute walk) Over 12% Rental income ratio. X Flood Zone-- no flood insurance required. Backs up to open space for privacy. All the amenities that renters appreciate including heated private pool, hot tub, tiki bar, volleyball court, gameroom, covered decks, and plenty of indoor and outdoor areas to relax and enjoy being at the beach. Whether it's watching sunrise with your coffee off the one of the front decks, or catching the sunset while in the hot tub, this home is a great coastal retreat and solid investment opportunity. Very well-maintained, the home boasts eight bedrooms total, six of which are masters with a private bath, and a reverse floor plan with a comfortable living room/dining room/kitchen on the top level.

Property Features

  • Property Type: Single Family Home
  • Sub Type: Single Family - Detached
  • Listing Status: Sold Co Op By Member
  • Listing Price: $1,049,000
  • County/Area: Currituck County
  • Zip Code: 27927
  • Year Built: 1998
  • Subdivision/Neighborhood: Pine Island Pud
  • Sq.Ft.: 4,498 sq ft
  • Style: Coastal, Reverse Floor Plan
  • Bedrooms: 8
  • Full Baths: 7
  • Half Baths: 2
  • Baths: 9
  • Pool or Spa: See Pool Details
  • View: Ocean,Pond
  • Waterfront: 3 - Lots From Oceanfront (4th Row)
  • Zoning: RES
  • Area: Corolla Oceanside
  • Advertised Income 2016: 123005
  • Advertised Income 2017: 121214
  • Advertised Income 2018: 132290
  • Air Conditioning: Central, Heat Pump
  • Appliances: 2nd Refrigerator, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Association Amenities: Common Area, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground
  • Est Annual Rental Income: 132290
  • Est Rental Performance: 0.131
  • Estimated Annual Fee: 2620
  • Extras: Beach Access, Ceiling Fan(S), Covered Decks, Hot Tub, Outside Shower, Smoke Detector(S), Tiki Bar, Dry Entry, Inside Laundry Room
  • Financing Options: Cash, Conventional, Jumbo Loan
  • Heating: Central, Heat Pump
  • Interior Features: Dryer Connection, Gas Fireplace, Master Bath, Washer Connection, Wet Bar
  • Lot Description: Level
  • Optional Rooms: Breakfast Nook, Game Room
  • Parking: Off Street, Paved
  • Pool Details: Yes, See Association Amenities, Association Pool,Heated,In Ground,Outdoor,Private Pool, Private and Association, Yes
  • Pool/Spa Expense: 3200
  • Roads: Paved
  • Roof: Asphalt/Fiber Shingle
  • Sale/Rent: For Sale
  • Selling Agent: Matt Myatt
  • Selling Office: Keller Williams - Obx
  • Sewer/Septic: Community Septic
  • Unit/Lot #: Lot 106
  • Water: Municipal
  • Waterfront Location: 3 - Lots From Oceanfront (4th Row)
  • Yr Cable TV Expense: 3264
  • Yr Electric Expense: 4800
  • Yr Water Expense: 1041
  • Sold Price: 1010000
  • Sold Date: 2020-04-20
Courtesy of Four Seasons Realty, Jo Ann Konstanzer

Contact Shore Realty to schedule an appointment or call 800-647-1868

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