MLS # 100380
995 Corolla Drive
Corolla, NC 27927
$949,000
9
Bedrooms
8 Full
2 Partial
Bathrooms
4,200
Sq. Ft.

About This Property

Rental Machine! The term rental machine is often used when describing real estate, but in this case it's 100% spot on. This 9 bedroom, 8 full 2 partial bathroom home booked over $110,000 in 2018, making this home an investors dream. That's an ROI of 11.98%. 2019 bookings already at over $105,000 confirmed. Most homes that rent as strongly as this one require some updating, NOT THIS HOME, this property is turnkey and ready for the new owner. Buyer now to take advantage of the entire 2018 rental season already being booked. When you purchase this home, a large part of the 2018 rental income will be handed over to you at closing. Located on a corner lot (110 x 200) in beautiful Whalehead Beach this property also offers amazing ocean views all while being a short walk to the beach (located next to beach walkway). Private pool, hot tub, volleyball court are just a few of the outdoor amenities. If you are looking for a home that offers STRONG cash flow, then look no further. This is the rental property you have been waiting for.

Property Details

MLS:
100380
Address:
995 Corolla Drive
Town:
Corolla
Price:
$949,000
Estimated Monthly Mortgage:
$4,315/mo.
Listing Agent:
Myatt, Matt
Listing Company:
Keller Williams - OBX
Area:
Corolla Oceanside
Subdivision:
Whalehead Club
Waterfront Location:
4 - lots from oceanfront (5th ro
Oceanside Location:
 
Soundside Location:
 
Bedrooms:
9
Baths:
8 Full / 2 Partial
Heated Area:
4,200 Sq ft.
Year Built:
2004
Rental Co:
VRBO
Rental Cottage Number:
WHL-26
Annual Income:
$113,742
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