3067 Lake Norman Dr

North Augusta, SC 29841
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4 bd, 2 ba | 2,213 sqft | Built in 2017

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List Price
$370,000

Initial Investment

$100,825

Purchase Price

$370,000

Down Payment

25%

Rent

$2,090

Total Return

$140,090

Annualized Return

18.3%

Cap Rate

4.6%

Gross Yield

6.8%

Cash Flow

-$3,873

Appreciation

7.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

17,860

HOA

$29/mo

Flood Risk

Not Required

Welcome to this impressive 4 bedroom 2 bathroom one-level home featuring a versatile upstairs fourth bedroom, perfect for guests or a private office! As you enter, you'll find a welcoming foyer with beautiful hardwood floors that flow throughout the main living areas! The inviting living room showcases a vaulted ceiling, a cozy fireplace, and a ceiling fan, creating a comfortable space for gatherings! The heart of the home is the well-appointed kitchen, complete with an island offering bar seating, granite countertops, a stylish tiled backsplash, glass front cabinets, and modern appliances, including a range, built-in microwave, and dishwasher! A generous walk-in pantry provides ample storage! Enjoy meals in the bright breakfast room, featuring wainscoting and crown molding, or host formal dinners in the dining room with its coffered ceiling and timeless board/batten wainscoting! The owner's suite on the main level features a tray ceiling with ceiling beams, a ceiling fan, and a spa-like bathroom equipped with a double sink granite vanity, framed mirrors, a soaking tub, a separate shower, and a spacious walk-in closet with a water closet for added privacy! Two additional spacious bedrooms on the main level come with ceiling fans, offering comfort for loved ones or guests! The guest bathroom is beautiful with a granite top vanity, framed mirror, and tiled floor! The large upstairs fourth bedroom, complete with a ceiling fan, adds to the home's versatility! Step outside to your covered patio, where you can relax while overlooking a generous privacy-fenced backyard, ideal for entertaining or enjoying quiet moments! With a two-car garage for ample storage and convenience, this home is a must-see! As a resident of Lakes & Streams, you'll enjoy a wealth of amenities, including expansive green spaces, serene lakes, picturesque fountains, miles of walking trails, a beach area, gated RV & Boat Parking, and more! With convenient access to downtown Augusta, I-20, SRS, and Fort Eisenhower, this home perfectly balances comfort and accessibility!

See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$23,826

Expenses

-$4,234

Property Taxes

-$3,350

Loan Payments

-$20,115

Net Cash Flow

-$3,873

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Shannon Rollings
Agent License 48555
Shannon Rollings Real Estate
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceGreater Augusta AOR
MLS #539535
Last Updated: 03/18/2025 22:03
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