OFF_MARKETExcellent Deal68 days on market

116 Carriagehouse Ln

116 Carriagehouse Ln, Auburn, AL 36832, Auburn, AL 36832
$378,000

Listing Price

Property image 1
116 Carriagehouse Ln, Auburn, AL 36832
Loc: Auburn, AL
Days Listed
68
Tax Assessed
$262k
Lot Size
0.39 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

10

Creekside Elementary School

3-5
3.1 mi away
7

Drake Middle School

6
4.2 mi away
7

Auburn High School

10-12
6.9 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.49%
Total ROI
27.1%
Cash Flow
$448/mo
DSCR
1.23
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-17Price change$378,000$164
2026-07-31Price change$380,000$165
2026-07-24Price change$385,000$167
2026-07-16Price change$390,000$170
2026-04-24Price change$395,000$172
2026-01-02Listed for sale$399,000$173
2025-11-22Listing removed$390,000$170
2025-10-28Price change$390,000$170
2025-10-14Price change$392,000$170
2025-09-02Price change$394,000$171
2025-06-05Listed for sale$399,000$173
2015-07-02Sold$244,000$106
2015-05-15Listed for sale$253,000$110
2006-03-09Sold$266,499$116

Tax History

YearProperty TaxTax Assessment
2025$1,361.8$26,200
2024$1,361.8$26,200
2023$1,361.8$26,200
2022$1,361.8$26,200
2021$1,294.84$24,960
2020$1,326.16$25,540
2019$1,305.64$25,160
2018$1,159.84$22,460
2015$1,159.84$20,380
2014$1,047.52$20,380
2013$0$19,000
2012$0$19,400
2011$0$20,540
2010$0$22,480
2009$0$25,480
2008$0$25,480
2005$0$40,800
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,300
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $378,000Rent Basis: Modeled Estimate ($3,024/mo)State Tax Benchmark: 0.41% (AL)Hazard Reserve: $110/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.76%

NOI: $25,547/yr

Cash-on-Cash Yield
2.3%

On $86,940 invested

DSCR Ratio
1.09x

Tight qualification

5-Yr Leveraged ROI
+105.8%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.41% of basis)-$90/mo
Homeowner / Hazard Insurance-$110/mo
Vacancy Reserve (5% of rent)-$151/mo
Repairs & Maintenance (10% of rent)-$302/mo
Property Management (8% of rent)-$242/mo
Total Pure Operating Expenses-$895/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,024/mo
Less: Operating Expenses-$895/mo
Net Operating Income (NOI)+$2,129/mo
Less: Debt Service (30yr @ 6.75%)-$1,961/mo
Net Cash Flow
$168/mo
$2,011/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Auburn.