OFF_MARKETRisky Deal97 days on market

1108 Cambridge Rd #307-I

1108 Cambridge Rd #307-I, Kill Devil Hills, NC 27948, Kill Devil Hills, NC 27948
$335,000
Zestimate®:$290,400

Listing Price

Property image 1
1108 Cambridge Rd #307-I, Kill Devil Hills, NC 27948
Loc: Kill Devil Hills, NC
Days Listed
97
Tax Assessed
$337k
Zestimate®
$290k
Market Rate
Rent Estimate
$2,245/mo
Est. Cash Flow base
Type
condo

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.

4

First Flight Elementary School

PK-5
0.4 mi away
9

First Flight Middle School

6-8
0.2 mi away
7

First Flight High School

9-12
0.4 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
5.03%
Total ROI
68.2%
Cash Flow
$-334/mo
DSCR
0.81
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2025-11-14Listing removed$309,000$276
2025-07-26Price change$309,000$276
2025-06-12Listed for sale$329,900$295
2025-03-12Listing removed$325,000$290
2025-02-07Price change$325,000$290
2025-01-15Price change$339,000$303
2024-11-04Listed for sale$345,000$308
2020-12-01Sold$209,000$187
2012-04-20Sold$3,087,000$2,756

Tax History

YearProperty TaxTax Assessment
2025$1,830.58$337,000
2024$1,545$204,500
2023$1,545$204,500
2022$1,473.42$204,500
2021$1,473.42$204,500
2020$1,473.42$204,500
2019$1,631.25$187,500
2018$1,595.44$187,500
2017$1,595.44$187,500
2016$1,520.44$187,500
2014$1,464.19$187,500
2012$0$236,400
2011$0$236,400
2010$0$236,400
2009$0$236,400
2008$0$236,400
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
3
Sq Ft
1,117
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: $335,000Rent Basis: Observed Comp Model ($2,245/mo)State Tax Benchmark: 0.8% (NC)Hazard Reserve: $100/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.03%

NOI: $16,848/yr

Cash-on-Cash Yield
-5.2%

On $77,050 invested

DSCR Ratio
0.81x

Negative debt coverage

5-Yr Leveraged ROI
+68.2%

Equity + cumulative cash

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

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.8% of basis)-$225/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$112/mo
Repairs & Maintenance (10% of rent)-$225/mo
Property Management (8% of rent)-$180/mo
Total Pure Operating Expenses-$841/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,245/mo
Less: Operating Expenses-$841/mo
Net Operating Income (NOI)+$1,404/mo
Less: Debt Service (30yr @ 6.75%)-$1,738/mo
Net Cash Flow
$-334/mo
$-4,011/year
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