For SaleNeutral Deal7 days on market
400 W Ocean Acres Dr Lot 2
400 W Ocean Acres Dr Lot 2, Kill Devil Hills, NC 27948, Kill Devil Hills, NC 27948
$599,000
Estimate®:$594,200
Listing Price
400 W Ocean Acres Dr Lot 2, Kill Devil Hills, NC 27948
Loc: Kill Devil Hills, NC
Days Listed
7
Estimate®
$594k
Market Rate
Lot Size
7,841 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
1.7 mi away
9
First Flight Middle School
6-8
1 mi away
7
First Flight High School
9-12
1.2 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
ranch-stylecovered front porchcraftsman-inspired accentsvinyl sidingspacious yardmature treeelevated foundationlattice skirtingscreened-in porchsuburbancozysingle-storygabled roof
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
$7/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $7/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 |
|---|---|---|---|
| 2026-09-16 | Listed for sale | $599,000 | $347 |
| 2022-02-11 | Sold | $459,000 | $266 |
| 2021-12-24 | Contingent | $469,000 | $272 |
| 2021-12-06 | Price change | $469,000 | $272 |
| 2021-11-15 | Listed for sale | $479,000 | $278 |
| 2021-10-28 | Contingent | $479,000 | $278 |
| 2021-09-21 | Listed for sale | $479,000 | $278 |
| 2018-03-12 | Sold | $256,000 | $148 |
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