- $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