For SaleRisky Deal23 days on market
1108 Cambridge Rd #307-C
1108 Cambridge Rd #307-C, Kill Devil Hills, NC 27948, Kill Devil Hills, NC 27948
$399,900
Estimate®:$391,500
Listing Price
1108 Cambridge Rd #307-C, Kill Devil Hills, NC 27948
Loc: Kill Devil Hills, NC
Days Listed
23
Tax Assessed
$415k
Estimate®
$392k
Market Rate
Rent Estimate
$3,000/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
0.3 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
townhousecoastalpastel-coloredmulti-storybalconiesprivate-garagesoutdoor-staircasessidingresidentialarchitectural-detailingsunnyrow-housingbeach-vacation-style
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.75%
Total ROI
83.9%
Cash Flow
$-158/mo
DSCR
0.92
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-158/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • 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 |
|---|---|---|---|
| 2026-08-31 | Listed for sale | $399,900 | $230 |
| 2026-03-25 | Listing removed | $434,900 | $250 |
| 2026-02-17 | Listed for sale | $434,900 | $250 |
| 2022-03-22 | Sold | $375,000 | $215 |
| 2022-02-14 | Contingent | $349,000 | $200 |
| 2022-02-10 | Listed for sale | $349,000 | $200 |
| 2011-07-15 | Sold | $125,000 | $72 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,252.65 | $414,700 |
| 2024 | $1,788.27 | $236,700 |
| 2023 | $1,788.27 | $236,700 |
| 2022 | $1,705.42 | $236,700 |
| 2021 | $1,705.42 | $236,700 |
| 2020 | $1,705.42 | $236,700 |
| 2019 | $2,061.9 | $237,000 |
| 2018 | $2,016.63 | $237,000 |
| 2017 | $2,016.63 | $237,000 |
| 2016 | $1,921.83 | $237,000 |
| 2014 | $1,850.73 | $237,000 |
| 2012 | $0 | $285,200 |
| 2011 | $0 | $285,200 |
| 2010 | $0 | $285,200 |
| 2009 | $0 | $285,200 |
| 2008 | $0 | $285,200 |
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