For SaleRisky Deal90 days on market
2671 Shady Grove Rd
2671 Shady Grove Rd, Connelly Springs, NC 28612, Connelly Springs, NC 28612
$349,999
Estimate®:$350,100$101 Under Market
Listing Price
2671 Shady Grove Rd, Connelly Springs, NC 28612
Loc: Connelly Springs, NC
Days Listed
90
Tax Assessed
$188k
Estimate®
$350k
0% Under Valued
Lot Size
1.84 acres
Rent Estimate
$2,420/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
3.7 mi away
5
Heritage Middle
6-8
4.6 mi away
8
Jimmy C. Draughn 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 Residence1972Heat PumpCentral AirOpen Parking1.84 Acres90 Days$108
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.63%
Total ROI
81.3%
Cash Flow
$-174/mo
DSCR
0.90
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-174/mo net cash flow with a 5.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.6%)
- • 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 |
|---|---|---|---|
| 2026-09-17 | Price change | $349,999 | $108 |
| 2026-09-07 | Price change | $354,999 | $110 |
| 2026-07-13 | Price change | $359,999 | $112 |
| 2026-07-06 | Price change | $364,999 | $113 |
| 2026-07-01 | Price change | $369,999 | $115 |
| 2026-06-26 | Listed for sale | $374,900 | $116 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,038.65 | $178,330 |
| 2024 | $1,041.32 | $178,330 |
| 2023 | $1,041.32 | $178,330 |
| 2022 | $1,281.41 | $141,108 |
| 2021 | $1,275.41 | $141,108 |
| 2020 | $1,271.41 | $141,108 |
| 2019 | $1,838.25 | $141,108 |
| 2018 | $1,180.72 | $130,437 |
| 2017 | $1,141.11 | $130,437 |
| 2016 | $1,141.11 | $130,437 |
| 2015 | $1,138.11 | $130,437 |
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