For SaleNeutral Deal13 days on market
118 Colleton Ln Lot 125-P124
118 Colleton Ln Lot 125-P124, Kill Devil Hills, NC 27948, Kill Devil Hills, NC 27948
$425,000
Listing Price
118 Colleton Ln Lot 125-P124, Kill Devil Hills, NC 27948
Loc: Kill Devil Hills, NC
Days Listed
13
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.
4
First Flight Elementary School
PK-5
3.2 mi away
9
First Flight Middle School
6-8
2.9 mi away
7
First Flight High School
9-12
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
Single Family Residence, Residential1979Central, Heat PumpCentral Air, Heat PumpCarport7,840 sqft13 Days$312
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
$5/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $5/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 |
|---|---|---|---|
| 2026-09-18 | Price change | $425,000 | $312 |
| 2026-09-10 | Listed for sale | $444,900 | $326 |
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