MLS # 105064
736 E Grackle Court
Corolla, NC 27927
$499,000
6
Bedrooms
4
Bathrooms
2,402
Sq. Ft.

About This Property

If you've been looking for a beach home for your family that can also bring in great rental income, that's a short walk to the beach, with private heated pool, and many updates already completed, this one's for you! Multiple living areas make this home well-suited for extended family or families, or for an income producing vacation rental. Built in 2003, this home has 6 bedrooms and 4 bathrooms. The ground level has a game room with pool table, 2 bedrooms and full bath. The game room has sliders that open to the backyard pool area, with large heated in-ground pool, cafe lights, outdoor shower and covered storage. The mid-level has an additional 3 bedrooms and 2 baths (including one master bedroom with master bath), plus a sitting room with tv, mini fridge and cabinets for storage. There is a large covered deck with a hot tub off of this level, that has steps down to the pool area. The top level has it's own master bedroom and bathroom, and the main living areas including an open concept living room, kitchen, and two spaces for dining. The cathedral ceilings allow in plenty of natural light, so do the ample windows and sliders that open to the top level porch that runs the length of the home. Mature trees on two sides of the lot give it nice privacy. The home has had multiple upgrades and improvements, including NEW ROOF and exterior/interior paint in 2017, new HVAC in 2016, new dishwasher in 2018, new hot water heater 2017, new fridge and microwave in 2015. The pathway to the beach access is right beside the home! The home is not in a rental program, so it is very well kept and has been lightly used. However, it would still make a great income producing property, the rental projection estimates $49,900 in rental income, thats a 10% rate of return, making this a great opportunity as an investment also. Turn key and ready to go!

Property Details

MLS:
105064
Address:
736 E Grackle Court
Town:
Corolla
Price:
$499,000
Estimated Monthly Mortgage:
$2,269/mo.
Listing Agent:
DeStefano, Jeanne-Marie
Listing Company:
Keller Williams - OBX
Area:
Corolla Oceanside
Subdivision:
Ocean Sands
Waterfront Location:
More than 5th row
Oceanside Location:
 
Soundside Location:
 
Bedrooms:
6
Baths:
4 Full / 0 Partial
Heated Area:
2,402 Sq ft.
Year Built:
2003
Rental Co:
None
Rental Cottage Number:
 
Annual Income:
$49,900
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