199 Foster Forbes Rd Powells Point, NC 27966

3 beds · 2 baths · 2,064 sq ft · Lot Size: 43,560 sq ft · Single Family Home
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199 Foster Forbes Rd is in the 27966 neighborhood of Powells Point, NC. It is located in Currituck County and ZIP code 27966. This Single Family Home was built in 2007 and is approximately 18 years old. The single family home spans 2064 sq ft with 3 bedrooms and 2 bathrooms and sits on a 43560 sq ft lot. According to public records, it was last sold in 2017 for $289,000. Analyze and compare real estate investment strategies for properties like this home at 199 Foster Forbes Rd Powells Point, NC 27966 with Property Intel by Whitepages.

Investment Potential for 199 Foster Forbes Rd

The property has a current estimated value of $398,911, which is 1% above the zip median, based on public records. It last sold on June 22, 2017 for $289K. Projected long-term
is $26,400 annually ($2,200 per month) with a 82% occupancy rate.

Long-Term

Gross Rental
$26,400 per year($2,200 per month)
Net Operating Income
Cap Rate
Occupancy Rate
82%in 27966 zip code
 
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Owners & Occupancy for 199 Foster Forbes Rd

This property is owned by James Spencer Trivett. Owner contact information includes 6 phone numbers and 2 email addresses.

Property Owners

Cell Phone(540) ***-****
Residence*****************
Landline(540) 387-0853+ 1 more
Distance from Property**********
Email Address*********@verizon.net

Property Ownership Information

Purchase DateJune 22, 2017
Property Tax Amount$2,263 in 2024
Purchase Price$289,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1********************* age 69
Resident 2*********************
Resident 3************** age 75

Property Details for 199 Foster Forbes Rd

Property Details

Property Sq Ft

Living Area

2,064 sq ft

Compare to 27966

Lot Size

43,560 sq ft

Compare to 27966

Price Per Sq Ft

Living Area

$193 / sq ft

Compare to 27966

Lot Size Area

$9 / sq ft

Compare to 27966
Property condition, age, exterior, etc. for 199 Foster…
Longitude: -75.8327 Latitude: 36.138661 Parcel Number (APN): 0123-000-068A-0000…
Mortgage originated on through lender: Veterans United Hm Lns for$******View Mortgage Details
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Market Benchmarks

Compare data for 199 Foster Forbes Rd in Currituck County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$398,911
$275,142
$123,769 (45%)
$398,141
$278,257 (70%)
YoY Price Change
2.32%
-147%
Year Built
2007
1990
17 years
Living Space
2,064 sq ft
1,589 sq ft
475 (30%)
$ Per Living Sq Ft
$193
$169
$24 (14%)
Lot Size
43,560 sq ft
20,473 sq ft
23087 (113%)
$ Per Lot Sq Ft
$9
$17
-$7 (-45%)

Net Operating Income
$17,038
$671 (4%)
Annual Revenue
$26,400
$22,800
$3,600 (16%)
$5,773
$2,918 (51%)
Net Operating Income
$17,038
$671 (4%)
Cap Rate
6%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians