For SaleRisky Deal7 days on market
700 W First Street #C-7
700 W First Street #C-7, Kill Devil Hills, NC 27948, Kill Devil Hills, NC 27948
$349,000
Estimate®:$331,600
Listing Price
700 W First Street #C-7, Kill Devil Hills, NC 27948
Loc: Kill Devil Hills, NC
Days Listed
7
Tax Assessed
$280k
Estimate®
$332k
Market Rate
Rent Estimate
$2,052/mo
Est. Cash Flow base
Type
condo
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
4.2 mi away
9
First Flight Middle School
6-8
1.6 mi away
7
First Flight High School
9-12
1.4 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
Condominium1986Forced AirCentral AirParking Lot, Assigned$6,276 annually7 Days$327
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.44%
Total ROI
55.3%
Cash Flow
$-520/mo
DSCR
0.71
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-520/mo net cash flow with a 4.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Kill Devil Hills, NC
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $349,000 | $327 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,523.13 | $280,400 |
| 2024 | $1,235.25 | $163,500 |
| 2023 | $1,235.25 | $163,500 |
| 2022 | $0 | $163,500 |
| 2021 | $1,211.02 | $168,080 |
| 2020 | $1,178.02 | $163,500 |
| 2019 | $936.99 | $107,700 |
| 2018 | $916.42 | $107,700 |
| 2017 | $958.4 | $107,700 |
| 2016 | $909.71 | $107,700 |
| 2014 | $841.03 | $107,700 |
| 2012 | $0 | $163,400 |
| 2011 | $0 | $163,400 |
| 2010 | $0 | $163,400 |
| 2009 | $0 | $163,400 |
| 2008 | $0 | $163,400 |
| 2007 | $0 | $163,400 |
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