For SaleGood Deal118 days on market
308 Riverwalk Dr
308 Riverwalk Dr, Connelly Springs, NC 28612, Connelly springs, NC 28612
$2,050,000
Listing Price
308 Riverwalk Dr, Connelly Springs, NC 28612
Loc: Connelly springs, NC
Days Listed
118
Tax Assessed
$1560k
Lot Size
1.66 acres
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
3.6 mi away
5
Heritage Middle
6-8
3.9 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
craftsmanmountain homestone veneerwood sidingmulti-car garagegabled roofdormer windowsexpansive drivewaylush landscapingluxury estatesunset lightingcovered porchrustic chicsuburban
Haven AI Verdict
Recommendation
Good
Confidence Score: 6/10
Exercise caution due to potential market volatility.
Cap Rate
7.03%
Total ROI
111.7%
Cash Flow
$1,375/mo
DSCR
1.13
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $1,375/mo net cash flow with a 7.0% cap rate. Underwriting indicates good fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.0%)
- • 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 |
|---|---|---|---|
| 2026-08-16 | Price change | $2,050,000 | $356 |
| 2026-05-29 | Listed for sale | $2,350,000 | $408 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2019 | $9,073.77 | $27,643 |
| 2018 | $8,972.44 | $1,112,556 |
| 2017 | $8,687.31 | $1,112,556 |
| 2016 | $8,687.31 | $1,112,556 |
| 2015 | $8,929.61 | $1,112,556 |
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