For SaleRisky Deal7 days on market
2259 Island View Ln NE
2259 Island View Ln NE, Connelly Springs, NC 28612, Connelly Springs, NC 28612
$899,000
Estimate®:$887,100
Listing Price
2259 Island View Ln NE, Connelly Springs, NC 28612
Loc: Connelly Springs, NC
Days Listed
7
Tax Assessed
$152k
Estimate®
$887k
Market Rate
Lot Size
1.18 acres
Rent Estimate
$2,770/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
2.8 mi away
5
Heritage Middle
6-8
2.9 mi away
8
Jimmy C. Draughn High School
9-12
1 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 Residence2027Heat PumpHeat Pump2 Attached Garage spaces$650 annually1.18 Acres7 Days$324
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.36%
Total ROI
10.2%
Cash Flow
$-2,895/mo
DSCR
0.38
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,895/mo net cash flow with a 2.4% 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 |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $899,000 | $324 |
| 2026-09-17 | Sold | $175,000 | $63 |
| 2026-06-19 | Listed for sale | $175,000 | $63 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,471.5 | $151,700 |
| 2024 | $1,479.08 | $151,700 |
| 2023 | $1,630.78 | $151,700 |
| 2022 | $880.57 | $126,700 |
| 2021 | $880.57 | $126,700 |
| 2020 | $880.57 | $126,700 |
| 2019 | $348.39 | $126,700 |
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