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638 Hallstead Street Concord, North Carolina 28025, Concord, North Carolina – $192,990

  • $193k Price
  • 3 Beds
  • 2 Baths
  • 1,745 Sqft
  • $193k Price
  • 3 Beds
  • 2 Baths
  • 1,745 Sqft

Investment Statistics

  • Initial 20% Investment $38,598
  • Lease Starts September 30, 2018
  • Lease Ends September 30 2024
  • Current Rent $1,500
  • Potential Appreciation 5%
  • Cap Rate 9.3%
  • Annual Return on Investment $265

638 Hallstead Street Concord, North Carolina 28025

Purchase this new construction home from Marketplace Homes and recieve a guaranteed lease for upto 6 years for $1,500/mo. This home is an excellent new construction rental home that is fully warrentied by the builder, meaning you will have lower capital expenditures putting higher returns back in your pocket. The home is located just outside of the fast growing Charlotte metro area helping to drive appreciation. Hard to find this size home for this price that is brand new in many places in the US! Won't last long.

Essential Information

  • Price$192,990
  • Bedrooms3
  • Bathrooms2
  • Half Baths1
  • Square Footage1745
  • Year Built2018
  • TypeResidential
  • StatusActive

Community Information

  • SubdivisionHallstead
  • CityConcord
  • StateNorth Carolina
  • Zip Code28025

Address

638 Hallstead Street Concord, North Carolina 28025

Amenities

  • # of Garages1

Interior

  • Stories2

School Information

  • DistrictCabarrus County Schools
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