530 Breakers Arch Corolla, NC 27927

6 beds · 5 baths · 3,461 sq ft · Lot Size: 20,400 sq ft · Single Family Home
Est. Property Value: $1,118,991

High Demand Long-Term RentalValued above Market MedianLarge Lot Advantage

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530 Breakers Arch 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 2000 and is approximately 25 years old. The single family home spans 3461 sq ft with 6 bedrooms and 5 bathrooms and sits on a 20400 sq ft lot. According to public records, it has a tax-assessed value of $645,000, which is $323 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 530 Breakers Arch Corolla, NC 27927 with Property Intel by Whitepages.

Owners & Occupancy for 530 Breakers Arch

No contact information is available.

Occupancy

Resident 1***************** age 81

Property Financials for 530 Breakers Arch

530 Breakers Arch, Corolla, NC has a mortgage (orig. April 04, 2019). The Currituck county assessment for 2024 values it at $645,000, with annual taxes of $4,982.

Mortgage & Equity Information

Loan Amount$******
Origination DateApril 04, 2019
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date************
Equity View Equity
View All Mortgage Info

Property Tax

Property Tax Amount$4,982 in 2024
Assessed Value$645,000 on 2024

Investment Potential for 530 Breakers Arch

The property has a current estimated value of $1,118,991, which is 23% above the zip median. Projected long-term rental income is $56,400 annually ($4,700 per month) with a 10% occupancy rate.

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Long-Term

Gross Rental
$56,400 per year($4,700 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
10%in 27927 zip code
 
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Property Details for 530 Breakers Arch

Property Details

Property Sq Ft

Living Area

3,461 sq ft

17% above market

Lot Size

20,400 sq ft

36% above market

Price Per Sq Ft

Living Area

$323 / sq ft

3% above market

Lot Size Area

$55 / sq ft

21% below market

Property condition, age, exterior, etc. for 530 Breake…
Longitude: -75.799037 Latitude: 36.289788 Parcel Number (APN): 126A-000-0035-000A…

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Market Benchmarks

Compare data for 530 Breakers Arch in Currituck County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$1,118,991
$437,153
$681,838 (156%)
$*******
$583,318
$1,009,448 (173%)
YoY Price Change
****%
1.98%
-946%
Year Built
2000
2000
0 years
Living Space
3,461 sq ft
2,660 sq ft
801 (30%)
$ Per Living Sq Ft
$323
$165
$158 (96%)
Lot Size
20,400 sq ft
19,733 sq ft
667 (3%)
$ Per Lot Sq Ft
$55
$24
$31 (128%)

Net Operating Income
$*****
$22,208
$13,562 (61%)
Annual Revenue
$56,400
$33,000
$23,400 (71%)
$*****
$10,249
$10,381 (101%)
Net Operating Income
$*****
$22,208
$13,562 (61%)
Cap Rate
****%
5.29%
—
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Home Value Comparison: Property vs. Local and Regional 6-Bed Single Family Home Medians

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