Closing Price:
$849,000
46002 Cottage Avenue, Buxton, NC 27920
4 bd
3 ba
1926 sq ft
MLS #: 120081
Status: Closed

Sold Details

Status: Closed
Sold Price: $820,000.00
Closing Date: 9/14/2022
Contract Date: 8/23/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 7
Due Diligence Date: 9/2/2022

Listing Information

Area: Buxton Oceanside
Mls Status: Closed
Days On Market: 7
Cumulative Days On Market: 7
Listing Price: $849,000
Original Listing Price: $799,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/16/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1926
Asking Price Per SqFt: $441.00
Heated Living Area Sq Ft: 1926
BedroomsTotal: 4
Bathrooms Full: 3
Year Built: 1995
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Refrigerator, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: No
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Central, Electric, Heat Pump, Zoned
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Cape Hat Seashr
Deed Book: 2080
Deed Book Page Number: 0540
County Pin Number: 05608898135
Price Change: 9/15/2022
Road Surface: Paved, Private

Lot Details

Lot Size Acres: 0.23
Lot Size Square Feet: 10000
Lot Features: Beach Frontage, Cul-De-Sac, Level
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $3,581.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 9/16/2022
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Hot Tub,Outside Lighting,Outside Shower,Storage Shed,Sun Deck,Dry Entry
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

Annual Rental Income: 151412
Rental Performance: 0.1846
Owner Rental Income 2021 Amount: 64890
Avertised Income 2021 Amount: 82771

Listing Agent Remarks

Whether you are looking for the perfect year-round residence, vacation home or investment opportunity, look no further than "Captain's Cape Girl"! This beautifully maintained and decorated 4 bedroom (all are oceanfront!!) /3 full bath oceanfront home in the Cape Hatteras Seashore Subdivision of Buxton will absolutely wow you! The location is absolutely perfect and the amenities abound - sun decks (with beautiful Built-to-Last furniture); covered decks; stairway directly to the beautiful newly renourished beach; private hot tub (with a view of the lighthouse!); carport; dry entry; TWO private outdoor showers; upper level boasting an open floor plan with amazing cathedral ceilings and ocean views; floor to ceiling windows; electric fireplace; kitchen with solid surface "shoreline" countertops and stainless appliances; Anderson exterior windows anddoors; custom blinds; hardi plank siding; indoor and outdoor lockable owner storage...the list goes on and on!! Add in 2022 major improvements- new roof; new septic system; 85 gallon high efficiency Marathon water heater; 2 new coastal rated HVAC units; 2 new outdoor showers; and new boardwalk...and this home cannot be beat!! With this amazing location, amenities and renovations, this property will undoubtedly be a stellar rental performer. In fact, the rental projection for this home (see Associated Documents) shows projected rental income of more than $150k!! This is an opportunity you do NOT want to miss! Let "Captain's Cape Girl" steal your heart...come and visit today!!

Directions

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Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 46002 Cottage Avenue in Buxton is provided courtesy of Midgett Realty - Rodanthe C: 252-996-0124. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 46002 Cottage Avenue in Buxton is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.
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