1284 Sandcastle Dr Corolla, NC 27927

6 beds · 5 baths · 3,173 sq ft · Lot Size: 11,859 sq ft · Single Family Home
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1284 Sandcastle Dr 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 1995 and is approximately 30 years old. The single family home spans 3173 sq ft with 6 bedrooms and 5 bathrooms and sits on a 11859 sq ft lot. According to public records, it was last sold in 2016 for $725,000. Analyze and compare real estate investment strategies for properties like this home at 1284 Sandcastle Dr Corolla, NC 27927 with Property Intel by Whitepages.

Investment Potential for 1284 Sandcastle Dr

The property has a current estimated value of $1,007,822, which is 36% above the zip median, based on public records. It last sold on July 13, 2016 for $725K. Projected long-term
is $33,000 annually ($2,750 per month) with a 10% occupancy rate.

Long-Term

Gross Rental
$33,000 per year($2,750 per month)
Net Operating Income
Cap Rate
Occupancy Rate
10%in 27927 zip code
 
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Owners & Occupancy for 1284 Sandcastle Dr

This property is owned by Joann H Nesson. Owner contact information includes 5 phone numbers and 3 email addresses.

Property Owners

Cell Phone(757) ***-****
Residence**************
Landline(757) 482-6808+ 3 more
Distance from Property**********
Email Address**********@yahoo.com

Property Ownership Information

Purchase DateJuly 13, 2016
Property Tax Amount$5,787 in 2024
Purchase Price$725,000

Occupancy

Current Occupancy******View Occupancy

Property Details for 1284 Sandcastle Dr

Property Details

Property Sq Ft

Living Area

3,173 sq ft

Compare to 27927

Lot Size

11,859 sq ft

Compare to 27927

Price Per Sq Ft

Living Area

$318 / sq ft

Compare to 27927

Lot Size Area

$85 / sq ft

Compare to 27927
Property condition, age, exterior, etc. for 1284 Sandc…
Longitude: -75.829511 Latitude: 36.392118 Parcel Number (APN): 114E-000-0203-0000…
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Market Benchmarks

Compare data for 1284 Sandcastle Dr in Currituck County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$1,007,822
$442,904
$564,918 (128%)
$635,848
$701,763 (110%)
YoY Price Change
1.98%
-854%
Year Built
1995
2000
-5 years
Living Space
3,173 sq ft
2,662 sq ft
511 (19%)
$ Per Living Sq Ft
$318
$173
$145 (84%)
Lot Size
11,859 sq ft
19,721 sq ft
-7862 (-40%)
$ Per Lot Sq Ft
$85
$31
$54 (176%)

Net Operating Income
$20,268
-$4,746 (-23%)
Annual Revenue
$33,000
$29,400
$3,600 (12%)
$8,561
$8,917 (104%)
Net Operating Income
$20,268
-$4,746 (-23%)
Cap Rate
4.55%
Home Value Comparison: Property vs. Local and Regional 6-Bed Single Family Home Medians