711 Mainsail Arch Lot 36 Corolla
Property Details
Corolla NC 27927
Property Description
There are oceanfront rental homes, and then there are OCEANFRONT RENTAL MACHINES... and Carolina Sunrise is a consistently high income generator, with 11.7% Gross Owner Income and $43,619 GOI on the books for 2020! There is just SO much that sets this home apart: the lot is elevated, *HAS NEVER FLOODED*, and is in a 'X' FLOOD ZONE, so the lender will not require flood insurance. (The current owners carry flood insurance, at a minimal cost of $759/year!) The views from this home are truly PANORAMIC, nothing but ocean as far as the eye can see... with no homes blocking your expansive views! Beach access is EASY, just one lot away, and the beaches here are some of the widest and most beautiful on the Outer Banks. Talk about PROTECTION during storm season - the dunes here are high, wide and well vegetated...providing you with peace of mind during hurricane season. Also setting this home apart are the extensive improvements that have been made in the last 7 years: Roof has been replaced, as have both the heat pumps; the pool has been heated; the pool deck was expanded, providing much more room for chairs and chaises, (and more fun!) around the pool; the upper deck was also expanded, which provides a ton more outdoor space for everyone to enjoy the fabulous views! The kitchen has been totally remodeled with new cabinets and counters and new applainces; the top floor master bedroom furniture was replaced in 2019; and the water heater has been replaced. NO OTHER OCEANFRONT HOME CURRENTLY FOR SALE UNDER 900,000 IN COROLLA IS GENERATING THIS MUCH INCOME! Simply put, there is a lot of BANG FOR YOUR BUCK here...hard to believe the asking price is just $875,000!! Don't let this incredible investment opportunity get away!
Contact Information
Equal Housing Opportunity
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