823 Recess Point Dr

Moncks Corner, SC 29461
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3 bd, 3 ba | 1,914 sqft | Built in 2023

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List Price
$328,000

Initial Investment

$89,380

Purchase Price

$328,000

Down Payment

25%

Rent

$2,260

Total Return

$144,906

Annualized Return

20.8%

Cap Rate

4.8%

Gross Yield

8.3%

Cash Flow

-$2,211

Appreciation

8.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

2,202

HOA

$0/mo

Flood Risk

Not Required

Discover the charm and convenience of this stunning, nearly new townhome that seamlessly blends modern design with functional living spaces. Located in the desirable Recess Point community within Foxbank Plantation, this tri-level gem offers a lifestyle of comfort and ease.Step inside to find a flexible first floor with an office that could easily serve as a fourth bedroom, complete with its own full bathroom. This floor also includes access to the two-car garage at the rear for added privacy and convenience.On the second floor, the open-concept design creates a welcoming atmosphere, featuring a spacious living room, a half bath, and a beautifully appointed kitchen with stainless steel appliances, gleaming white cabinetry, and sleek granite countertops. NaturalNatural light floods the eat-in dining area, making it the perfect space to gather. A private balcony off the dining area offers a peaceful spot for morning coffee or evening relaxation.
The third floor is dedicated to rest and relaxation, with a generously sized primary suite that includes a walk-in closet and a luxurious en-suite bathroom. The bath features a standalone shower and a double vanity with plenty of counter space. Two additional bedrooms are also located on this floor, along with a full bathroom. For added convenience, the laundry room is also located on this level, and it comes with a high-end Samsung washer and dryer.
This home is equipped with an Alarm.com security system for peace of mind and offers abundant storage throughout all three levels.
Foxbank Plantation provides an exceptional array of amenities for its residents, including two community pools, an open-air pavilion, a playground, a dog park, a gym, a kayak launch, a community garden, and green spaces scattered throughout the neighborhood.
Conveniently located off Hwy 52, you'll have easy access to shopping, dining, and more. This townhome is move-in ready and waiting for you to call it home. Schedule your private showing today and experience all that this wonderful property has to offer!

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

Annual Financial Highlights

Expected Rent

$25,764

Expenses

-$3,813

Property Taxes

-$6,330

Loan Payments

-$17,832

Net Cash Flow

-$2,211

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:Jake Stradling
Agent License 131540
Three Real Estate LLC
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceCHS Regional MLS
MLS #24029923
Last Updated: 12/03/2024 16:12
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