For SaleRisky Deal99 days on market
601 Malcolm Blvd
601 Malcolm Blvd, Connelly Springs, NC 28612, Connelly Springs, NC 28612
$275,000
Estimate®:$268,400
Listing Price
601 Malcolm Blvd, Connelly Springs, NC 28612
Loc: Connelly Springs, NC
Days Listed
99
Tax Assessed
$242k
Estimate®
$268k
Market Rate
Lot Size
0.73 acres
Rent Estimate
$2,105/mo
Est. Cash Flow base
Type
single family
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.
5
Valdese Elementary
PK-5
2.3 mi away
5
Heritage Middle
6-8
3.2 mi away
8
Jimmy C. Draughn High School
9-12
1.8 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
craftsmancozyliving roomhardwood floorsbrick fireplacebuilt-in shelvingceiling fanneutral color palettetraditionalhomeyinvitingwell-litopen floor plan
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.93%
Total ROI
87.8%
Cash Flow
$-68/mo
DSCR
0.95
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-68/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • 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 |
|---|---|---|---|
| 2026-09-14 | Price change | $275,000 | $144 |
| 2026-08-06 | Price change | $289,000 | $152 |
| 2026-07-24 | Price change | $295,000 | $155 |
| 2026-06-18 | Listed for sale | $299,000 | $157 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,691.29 | $242,317 |
| 2024 | $1,699.41 | $242,317 |
| 2023 | $1,699.41 | $242,317 |
| 2022 | $739.4 | $82,176 |
| 2021 | $733.4 | $82,176 |
| 2020 | $729.4 | $82,176 |
| 2019 | $824.65 | $82,176 |
| 2018 | $684.79 | $76,598 |
| 2017 | $689.19 | $76,598 |
| 2016 | $689.19 | $80,541 |
| 2015 | $686.19 | $80,541 |
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