108 E Fresh Pond Drive, Kill Devil Hills, NC 27948

$780,000
5
BD
5
BA
2,966
SqFt
Sold Price
$780,000
List Price
$799,000
Closing Date
Jan 18, 2022
MLS#
116537
Status
SOLD
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
5
Bathrooms
5
Full-baths
5
Living Area
2,966
Neighborhood
Lake Drive Dev

Property Description

Heated Saltwater Pool + Crows Nest with Ocean Views. A Change in Latitude is a 5 BR / 5 BATH home that is centrally located between the highways in Kill Devil Hills, and is a short distance from the BEACH as well as restaurants, breweries, beach rentals, shopping, and grocery stores! The home is currently used as a second home but has a ton of rental potential. The rental projection is $100,658 for 2022, which is over a 12.5% Gross Rental Return! The top-level boasts cathedral ceilings, plenty of windows to let in the natural light, gas fireplace, hardwood flooring, spacious kitchen, and master suite that opens to the sun deck. Make your way up to crows nest to view the beautiful Atlantic Ocean! The second level consists of three bedrooms (2 of which are master suites with access to the second level deck). There is also a screened in porch and laundry area on the second level. The lower level features a sizable game room with a pool table, wet bar, and an additional bedroom and bathroom. The beautifully landscaped outdoors area is the perfect place to swim in the heated saltwater pool, enjoy the hot tub, or relax on the patio. This property is also located in the X flood zone which means no flood insurance required. This is a fantastic opportunity to own a well maintained second home or investment property!

Additional Information

Air Conditioning
Central
Appliances
Dishwasher, Ice Machine, Range/Oven, Refrigerator, Stackable Washer/Dryer
Countertops
Laminate
Siding
Vinyl
Extras
Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Roof Top Deck, Inside Laundry Room
Floor Coverings
Carpet, Hardwood, Tile
Garage
Carport
Heating
Electric, Forced Air
Interior Features
Cathedral Ceiling(s), Dryer Connection, Ensuite, Gas Fireplace, Washer Connection, Wet Bar
Lot Description
Level
Optional Rooms
Game Room
Parking
Paved
Pool
Yes
Possession
At Closing
Roof
Asphalt/Fiber Shingle
Sewer
Non Conventional Septic
Style
Coastal, Reverse Floor Plan
View
Ocean
Well
Municipal
Units
1
Zip
27948
Neighborhood
Lake Drive Dev
Year Built
2005
County
Dare
Annual Rental Income
100658
Furnishings Available
Yes
Bill of Sale Amt
1
Annual Rental Income$
100658
Rental Performance
0.129

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Seaside Realty Kh. Selling Office: Midgett Realty - Rodanthe.

Listed by Heather Sakers

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