For SaleRisky Deal29 days on market
1843 Us Highway 70
1843 Us Highway 70, Connelly Springs, NC 28612, Connelly Springs, NC 28612
$245,000
Estimate®:$239,400
Listing Price
1843 Us Highway 70, Connelly Springs, NC 28612
Loc: Connelly Springs, NC
Days Listed
29
Tax Assessed
$180k
Estimate®
$239k
Market Rate
Lot Size
0.33 acres
Rent Estimate
$1,726/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
Icard Elementary
PK-5
0.7 mi away
4
East Burke Middle
6-8
1.3 mi away
4
East Burke High
9-12
0.5 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
ranch stylevinyl sidingcovered front porchspacious yardcozy atmospheresingle-storygable rooflandscaped gardenoutdoor dining areacountry livingwell-maintainedshaded porchresidential propertysuburban charm
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.43%
Total ROI
76.9%
Cash Flow
$-162/mo
DSCR
0.87
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-162/mo net cash flow with a 5.4% 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 |
|---|---|---|---|
| 2026-08-27 | Listed for sale | $245,000 | $194 |
| 2017-11-13 | Sold | $99,900 | $79 |
| 2015-07-27 | Sold | $15,000 | $12 |
| 2014-08-06 | Sold | $48,495 | $38 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,305.91 | $179,838 |
| 2024 | $1,310.9 | $179,838 |
| 2023 | $1,310.9 | $179,838 |
| 2022 | $892.66 | $99,468 |
| 2021 | $866.77 | $99,468 |
| 2020 | $862.77 | $99,468 |
| 2019 | $1,664.24 | $99,468 |
| 2018 | $845.29 | $97,269 |
| 2017 | $450.92 | $91,834 |
| 2016 | $450.92 | $50,250 |
| 2015 | $373.73 | $40,590 |
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