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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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119 Port Bow Dr , Troutman, NC 28166
$485,000
Est. Payment: $1,077.78/mo
4 Bed
4 Bath
2637 Sqft
Status: Active | Days on site: 62
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R00266 - R62478
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House Description

RARE CORPORATE RENTAL & INVESTMENT OPPORTUNITY | FALLS COVE 119 Port Bow Drive is a rare opportunity to acquire one of a limited number of rental-approved homes in Falls Cove, with an established three-year history of renters. This property is ideally suited for corporate housing, executive rental, or long-term investment use in the Lake Norman Market. Its proven rental history provides investors with actual operating experience rather than simply projected rental potential. Recent improvements include new carpeting, fresh interior paint, irrigation, landscaping, fencing, exterior lighting, updated blinds, and a newer refrigerator, reducing near-term capital requirements. Conveniently located near Lake Norman, Charlotte, Mooresville, major employment centers, shopping, dining, and transportation. Limited rental inventory, established rental history, corporate-housing potential, and recent improvements make this a compelling residential investment asset. Offered at $485,000

Highlights

Listed by Craig Tribus , 804-656-5007 Beycome Brokerage Realty LLC , 804-656-5007.

Property Type

Residential

Lot/Acreage
0.32

Year Built

2021

County

Iredell

Neighborhood

Falls Cove at Lake Norman

Listing ID

4394487

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4
  • Full Bathrooms:3
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator
Air Cond:Central Air
Fireplaces:Family Room,Gas Vented
Above Ground Sq Ft:2637
Below Ground Sq Ft:0
Other:
  • Additional:Has Fireplace, Master on Main
Water:City

Exterior Features

Zoning:CZ
Sewer:Public Sewer
Parking Features:Attached Garage
Principal Interest
$1,078
Taxes
$309

Home Price

$485,000

Loan Details

30 yrs
%

Down Payment

20%
$97,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,077.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,077.78 $309.19 $0.00 $1,386.97
Yearly $12,933.33 $3,710.25 $0.00 $16,643.58
Total $388,000.00 $111,307.50 $0.00 $499,307.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Troutman, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.