For SaleNeutral Deal125 days on market
500 W 5th St #16
500 W 5th St #16, Kill Devil Hills, NC 27948, Kill Devil Hills, NC 27948
$465,000
Estimate®:$451,300
Listing Price
500 W 5th St #16, Kill Devil Hills, NC 27948
Loc: Kill Devil Hills, NC
Days Listed
125
Estimate®
$451k
Market Rate
Lot Size
6,000 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Nags Head Elementary School
PK-5
4.8 mi away
9
First Flight Middle School
6-8
2.2 mi away
7
First Flight High School
9-12
2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
stilt housecoastalelevatedboard and battenbeach housedrive-under garagecovered porchstaircaselight gray exteriorpine treesresidentialbungalow
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.24%
Total ROI
94.5%
Cash Flow
$6/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $6/mo net cash flow with a 6.2% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Kill Devil Hills
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-15 | Price change | $465,000 | $323 |
| 2026-08-20 | Price change | $499,000 | $347 |
| 2026-07-31 | Price change | $524,900 | $365 |
| 2026-05-21 | Listed for sale | $585,000 | $406 |
| 2026-01-16 | Listing removed | $515,000 | $358 |
| 2025-11-03 | Listed for sale | $515,000 | $358 |
| 2009-03-12 | Sold | $135,000 | $94 |
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