127 Clearwater Dr Morganton, NC 28655

3 beds · 2 baths · 2,497 sq ft · Lot Size: 22,651 sq ft · Single Family Home
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127 Clearwater Dr is in the 28655 neighborhood of Morganton, NC. It is located in Burke County and ZIP code 28655. This Single Family Home was built in 2003 and is approximately 22 years old. The single family home spans 2497 sq ft with 3 bedrooms and 2 bathrooms and sits on a 22651 sq ft lot. According to public records, it was last sold in 2018 for $290,000. Analyze and compare real estate investment strategies for properties like this home at 127 Clearwater Dr Morganton, NC 28655 with Property Intel by Whitepages.

Investment Potential for 127 Clearwater Dr

The property has a current estimated value of $377,677, which is 75% above the zip median, based on public records. It last sold on April 16, 2018 for $290K. Projected long-term
is $29,400 annually ($2,450 per month) with a 86% occupancy rate.

Long-Term

Gross Rental
$29,400 per year($2,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 28655 zip code
 
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Owners & Occupancy for 127 Clearwater Dr

This property is owned by Louise Vander Kuil. Owner contact information includes 3 phone numbers and 2 email addresses.

Property Owners

Cell Phone(908) ***-****
Residence*************
Landline(908) 850-0891+ 1 more
Distance from Property**********
Email Address*********@gmail.com

Property Ownership Information

Purchase DateApril 16, 2018
Property Tax Amount$2,615 in 2024
Purchase Price$290,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 81

Property Details for 127 Clearwater Dr

Property Details

Property Sq Ft

Living Area

2,497 sq ft

Compare to 28655

Lot Size

22,651 sq ft

Compare to 28655

Price Per Sq Ft

Living Area

$151 / sq ft

Compare to 28655

Lot Size Area

$17 / sq ft

Compare to 28655
Property condition, age, exterior, etc. for 127 Clearw…
Longitude: -81.723661 Latitude: 35.773103 Parcel Number (APN): 46690…
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Market Benchmarks

Compare data for 127 Clearwater Dr in Burke County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$377,677
$275,142
$102,535 (37%)
$398,141
$206,385 (52%)
YoY Price Change
2.32%
421%
Year Built
2003
1990
13 years
Living Space
2,497 sq ft
1,589 sq ft
908 (57%)
$ Per Living Sq Ft
$151
$169
-$18 (-10%)
Lot Size
22,651 sq ft
20,473 sq ft
2178 (11%)
$ Per Lot Sq Ft
$17
$17
$0 (0%)

Net Operating Income
$17,038
$3,066 (18%)
Annual Revenue
$29,400
$22,800
$6,600 (29%)
$5,773
$3,523 (61%)
Net Operating Income
$17,038
$3,066 (18%)
Cap Rate
6%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians