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4148 Long Arrow St, Concord, NC 28025, Concord, North Carolina – $188,990

  • $189k Price
  • 3 Beds
  • 2 Baths
  • 1,390 Sqft
  • $189k Price
  • 3 Beds
  • 2 Baths
  • 1,390 Sqft

Investment Statistics

  • Initial 20% Investment $37,798
  • Lease Starts September 30, 2018
  • Lease Ends September 30 2024
  • Current Rent $1,420
  • Potential Appreciation 5%
  • Cap Rate 9%
  • Annual Return on Investment $250

4148 Long Arrow St, Concord, NC 28025

This 1,390 Sq Ft home is an excellent value and the best-priced home in a neighborhood that goes up into the mid $200's. The home is an excellent rental home and commands a great return. If you purchase this home, Marketplace Homes will agree to a guaranteed lease for upto 6 years. This 3 bedroom, 2.5 bath home will receive $1,420/mo. Considering the home is brand new and fully warranted from the builder, this is an outstanding return in the growing Charlotte market.

Essential Information

  • Price$188,990
  • Bedrooms3
  • Bathrooms2
  • Half Baths1
  • Square Footage1390
  • Year Built2018
  • TypeResidential
  • StatusActive

Community Information

  • CityConcord
  • StateNorth Carolina
  • Zip Code28025

Address

4148 Long Arrow St, Concord, NC 28025

Amenities

  • # of Garages1

Interior

  • Stories2

School Information

  • DistrictCabarrus County Schools
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