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608 Martone Lane Lot 109

Sold 5/19/2017
  • 4
  • 4
  • 2,249
Single Family Home

This is a rental machine!! This charming cottage generates nearly $30,000 annual revenue which is approximately 10% return. Three year financials can be provided on request. X FLOOD ZONE SO NO FLOOD INSURANCE REQUIRED! Well maintained and located on a quiet cul-de-sac approximately 8 blocks to ocean and sound! Exterior is Hardiplank siding. Double hung windows, fenced in back yard and 2 decks (234 sq ft and 112.0 sq ft.) New HVAC in 2017. Upper level features an open and spacious great room/kitchen/dining area. Laminate floors in great room, hall and 2 baths and carpet in 2 bedrooms, den and stairs leading to recreation room on ground level. Custom built bar and custom built entertainment center. Year round rental contract in place on upper level unit, rental income of $1270/month. The lower level consists of 2 fully compliant, LEGAL, with renters already in place, $625 and $500 month/suite. Each carpeted suite includes mini kitchen, full bath, and private entrance with a shared covered deck. Large 64 square foot storage shed. PERFECT FOR YOUR INVESTOR BUYERS OR A BUYER THAT WOULD LIKE TO LIVE IN THE HOME AND OFFSET THE MORTGAGE EXPENSE WITH INCOME FROM THE 2 LOWER LEVEL RENTALS! A MUST SEE!! Long term tenants so 24 hour notice to show.

Property Details
  • $1,709.00
  • 1984
  • 95860
Heat pump
Concrete floors
Laminate flooring
Off street parking
Fiber cement exterior
Cul-de-sac location
Subdivision: Wright's Shores
Lot zoned: Res
City water
Septic system
Units in building(s): 3
Total square feet: 2249
For sale
Tax year: 2016
Courtesy of:
Brindley Beach Vacations-Duck
Melanie Day

Call (855) 464-2662

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Get more info or schedule a showing:
Name Type GreatSchools
Nags Head Elementary School Pre-School, Elementary School / Public 7 4.67 mi.
First Flight Middle School Middle School / Public 5 0.94 mi.
First Flight High School High School / Public 7 1.93 mi.
First Flight Elementary School * Pre-School, Elementary School / Public 7 1.85 mi.
Heron Pond Montessori School * Elementary School / Private N/A 2.53 mi.
Sonshine Learning Center * Elementary School / Private N/A 2.16 mi.
Address Distance Sale date Sale price
608 Martone Lane Lot 109 0 mi. 5/19/2017 $261,000
609 Kelly Court Lot 130 0.03 mi. 10/2/2018 $274,500
504 Laura Lane Lot # 120 0.08 mi. 5/14/2018 $268,000
816 Frances Lane Lot: 89 0.1 mi. 2/21/2018 $347,000
1806 Sioux Street lot 13 0.17 mi. 9/20/2018 $300,000
908 W Fifth Street Lot 41 0.19 mi. 8/31/2017 $337,000
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608 Martone Lane Lot 109, KILL DEVIL HILLS, NC 27948 is a 4 bedroom, 4 bath single family home was sold for $261,000.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.