614 Mourning Dove, Newport, NC 28570

3 Beds / 2 Baths / 1,240 sqft

1986 year / Lot Size 9,365 sqft (.22 acre)

Summary

Great Spread - Perfect for ALL Exit Strategies - Flip / Buy & Hold / LTR / STR  

ARV: $ 220 - 240K

Rehab Est to flip: $25,000 (Redo Kitch & Bath plus floor & paint)

Rehab Est to Rent: $8,000 (floor & paint)

Asking Price: $157K

Upon Signing: $3,000 Assignment Fee (non-refundable)

Closing Date: Dec 13th, 2024

LTR:

Between $1,700 - $1,800 … Seller said $2,000

Referenced Comps:

(non with a pool - pool is calculated @ 20-30K value aded)

Comp1: 519 Sunrise Walk, Newport, NC 28570 - Zillow

3 / 2 / 1,319 sqft … Sold for 205K

Comp2: 715 Windy Trail, Newport, NC 28570 - Zillow

3 / 2 / 1,247 sqft … Sold for 225K

Comp 3: 204 Kings Way, Newport, NC 28570 - Zillow

3 / 2 / 1,152 sqft … Sold for 238K