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Brentnall Mills Blake & Nancy Kay English Purchase Single Family Home In Lexington For $1,175,000
SOLD
$1,175,000
North Carolina
See Similar DealsSingle Family
Sold 12/18/2023
SOLD
Brentnall Mills Blake & Nancy Kay English Purchase Single Family Home In Lexington For $1,175,000
300 Lake Drive
See Similar DealsSingle Family
Sold 12/18/2023
Summary
NORTH CAROLINA
Asset Type:Single Family
Transaction Type:Sale
A single-family property located at 300 Lake Drive in Lexington, NC, was sold for $1,175,000.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,175,000
- Address: 300 Lake Drive
- Market: Lexington, NC
- Buyer: Brentnall Mills Blake & Nancy Kay English
- Seller: Summer Leigh Davis
- Buyer's Rep: Bob Robbins - Anderson Robbins & Associates Realty
- Seller's Rep: Andrew Childers - EXP Realty
The buyers in this transaction were represented by Bob Robbins from Anderson Robbins & Associates Realty, while the seller was represented by Andrew Childers from EXP Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$62,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,174.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,570.10
Annual Debt Service$66,841.19
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