For SaleRisky Deal2 days on market
2071 Ellingwood Point #122
2071 Ellingwood Point #122, Connelly Springs, NC 28612, Connelly Springs, NC 28612
$249,900
Listing Price
2071 Ellingwood Point #122, Connelly Springs, NC 28612
Loc: Connelly Springs, NC
Days Listed
2
Tax Assessed
$130k
Lot Size
2.02 acres
Type
lot
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.
8
Ray Childers Elementary
PK-5
2.4 mi away
4
East Burke Middle
6-8
4.6 mi away
4
East Burke High
9-12
4.4 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
wooded lotwaterfront propertynature-orientedsecludedaerial viewmodern residential architectureforest settingvacant landmultistory homerusticpanoramiclake viewprivateoutdoor livingland development
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.11%
Total ROI
91.7%
Cash Flow
$-24/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-24/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Connelly Springs
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 |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $249,900 | – |
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