481 Land Fall Ct Corolla, NC 27927

6 beds · 6 baths · 4,011 sq ft · Lot Size: 39,648 sq ft · Single Family Home
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481 Land Fall 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 1988 and is approximately 37 years old. The single family home spans 4011 sq ft with 6 bedrooms and 6 bathrooms and sits on a 39648 sq ft lot. According to public records, it was last sold in 2007 for $1,850,000. Analyze and compare real estate investment strategies for properties like this home at 481 Land Fall Ct Corolla, NC 27927 with Property Intel by Whitepages.

Investment Potential for 481 Land Fall Ct

The property has a current estimated value of $1,332,871, which is 80% above the zip median, based on public records. It last sold on March 29, 2007 for $1.85M. Projected long-term
is $52,800 annually ($4,400 per month) with a 10% occupancy rate.

Long-Term

Gross Rental
$52,800 per year($4,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
10%in 27927 zip code
 
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Owners & Occupancy for 481 Land Fall Ct

No contact information is available.

Occupancy

Current Occupancy******View Occupancy

Property Details for 481 Land Fall Ct

Property Details

Property Sq Ft

Living Area

4,011 sq ft

Compare to 27927

Lot Size

39,648 sq ft

Compare to 27927

Price Per Sq Ft

Living Area

$332 / sq ft

Compare to 27927

Lot Size Area

$34 / sq ft

Compare to 27927
Property condition, age, exterior, etc. for 481 Land F…
Longitude: -75.792986 Latitude: 36.280112 Parcel Number (APN): 127A-000-0013-0000…
Mortgage originated on through lender: Bank Of America for$******View Mortgage Details
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Recommended Properties in 27927

Discover more single family homes near 481 Land Fall 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 481 Land Fall Ct in Currituck County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$1,332,871
$442,904
$889,967 (201%)
$635,848
$1,133,177 (178%)
YoY Price Change
1.98%
-1218%
Year Built
1988
2000
-12 years
Living Space
4,011 sq ft
2,662 sq ft
1349 (51%)
$ Per Living Sq Ft
$332
$173
$159 (92%)
Lot Size
39,648 sq ft
19,721 sq ft
19927 (101%)
$ Per Lot Sq Ft
$34
$31
$3 (9%)

Net Operating Income
$20,268
$4,526 (22%)
Annual Revenue
$52,800
$29,400
$23,400 (80%)
$8,561
$19,445 (227%)
Net Operating Income
$20,268
$4,526 (22%)
Cap Rate
4.55%
Home Value Comparison: Property vs. Local and Regional 6-Bed Single Family Home Medians