For SaleRisky Deal3 days on market
8830 Shepherd Ct
8830 Shepherd Ct, Connelly Springs, NC 28612, Connelly Springs, NC 28612
$387,900
Estimate®:$381,300
Listing Price
8830 Shepherd Ct, Connelly Springs, NC 28612
Loc: Connelly Springs, NC
Days Listed
3
Tax Assessed
$317k
Estimate®
$381k
Market Rate
Lot Size
0.53 acres
Rent Estimate
$2,096/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.
6
Hildebran Elementary
PK-5
1.1 mi away
4
East Burke Middle
6-8
2.2 mi away
4
East Burke High
9-12
2.8 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
Single Family Residence2002ElectricElectric, Heat Pump2 Attached Garage spaces0.53 Acres3 Days$160
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.99%
Total ROI
45.6%
Cash Flow
$-723/mo
DSCR
0.64
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-723/mo net cash flow with a 4.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Connelly Springs, 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 |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $387,900 | $160 |
| 2026-07-26 | Listing removed | $388,900 | $161 |
| 2026-05-30 | Price change | $388,900 | $161 |
| 2026-03-18 | Price change | $389,900 | $161 |
| 2025-12-06 | Listed for sale | $399,900 | $165 |
| 2024-04-30 | Sold | $369,900 | $153 |
| 2024-03-15 | Pending sale | $379,000 | $157 |
| 2023-12-27 | Listed for sale | $379,000 | $157 |
| 2023-05-11 | Sold | $372,900 | $154 |
| 2023-04-05 | Pending sale | $379,900 | $157 |
| 2023-02-24 | Price change | $379,900 | $157 |
| 2022-11-09 | Price change | $389,900 | $161 |
| 2022-10-14 | Listed for sale | $399,000 | $165 |
| 2013-07-10 | Sold | $188,500 | $78 |
| 2008-09-10 | Sold | $189,000 | $78 |
| 2005-09-26 | Sold | $172,500 | $71 |
| 2005-03-07 | Sold | $134,037 | $55 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,706.59 | $316,920 |
| 2024 | $2,718.43 | $316,920 |
| 2023 | $2,468.54 | $286,812 |
| 2022 | $2,147.2 | $214,010 |
| 2021 | $2,098.4 | $214,010 |
| 2020 | $2,094.4 | $214,010 |
| 2019 | $1,537.51 | $214,010 |
| 2018 | $1,861.56 | $189,371 |
| 2017 | $1,519.37 | $189,371 |
| 2016 | $1,519.37 | $189,371 |
| 2015 | $1,516.37 | $189,371 |
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