1273 N Lake Ct Corolla, NC 27927

5 beds · 5 baths · 2,936 sq ft · Lot Size: 9,801 sq ft · Single Family Home
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1273 N Lake Ct is in the 27927 neighborhood of Corolla, NC. It is located in Currituck County and ZIP code 27927. This Single Family Home was built in 2004 and is approximately 21 years old. The single family home spans 2936 sq ft with 5 bedrooms and 5 bathrooms and sits on a 9801 sq ft lot. According to public records, it was last sold in 2024 for $860,000. Analyze and compare real estate investment strategies for properties like this home at 1273 N Lake Ct Corolla, NC 27927 with Property Intel by Whitepages.

Investment Potential for 1273 N Lake Ct

The property has a current estimated value of $662,368, which is 11% below the zip median, based on public records. It last sold on April 04, 2024 for $860K. Projected long-term
is $45,000 annually ($3,750 per month) with a 10% occupancy rate.

Long-Term

Gross Rental
$45,000 per year($3,750 per month)
Net Operating Income
Cap Rate
Occupancy Rate
10%in 27927 zip code
 
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Owners & Occupancy for 1273 N Lake Ct

No contact information is available.

Occupancy

Current Occupancy******View Occupancy

Property Details for 1273 N Lake Ct

Property Details

Property Sq Ft

Living Area

2,936 sq ft

Compare to 27927

Lot Size

9,801 sq ft

Compare to 27927

Price Per Sq Ft

Living Area

$226 / sq ft

Compare to 27927

Lot Size Area

$68 / sq ft

Compare to 27927
Property condition, age, exterior, etc. for 1273 N Lak…
Longitude: -75.831924 Latitude: 36.388898 Parcel Number (APN): 114E-000-0076-0000…
Mortgage originated on through lender: Guaranteed Rate Inc for$******View Mortgage Details
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Discover more single family homes near 1273 N Lake Ct in Corolla, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1273 N Lake Ct in Currituck County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$662,368
$442,904
$219,464 (50%)
$635,848
$243,266 (38%)
YoY Price Change
1.98%
-662%
Year Built
2004
2000
4 years
Living Space
2,936 sq ft
2,662 sq ft
274 (10%)
$ Per Living Sq Ft
$226
$173
$53 (30%)
Lot Size
9,801 sq ft
19,721 sq ft
-9920 (-50%)
$ Per Lot Sq Ft
$68
$31
$37 (119%)

Net Operating Income
$20,268
$9,632 (48%)
Annual Revenue
$45,000
$29,400
$15,600 (53%)
$8,561
$6,539 (76%)
Net Operating Income
$20,268
$9,632 (48%)
Cap Rate
4.55%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians