Is Cape Carteret, NC a good place to invest in rental property?

Cape Carteret, NC has a median modeled monthly cash flow of $-1,508 and a median cap rate of 2.6%, on a median sold price of $422,500. Prices changed +4.6% year over year.

What is the average cap rate in Cape Carteret, NC?

The median cap rate across recently sold homes in Cape Carteret, NC is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cape Carteret, NC?

The median sold price in Cape Carteret, NC is $422,500 (about $228 per square foot).

Investing in Cape Carteret, NC Real Estate

A data-driven snapshot of the Cape Carteret, NC rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$422,500Median sold price

$228Median $/sqft

2.6%Median cap rate

$-1,508Modeled cash flow / mo

+4.6%Appreciation YoY

7.7Months of supply

27Active listings

42Sold (last 12 mo)

What the Cape Carteret numbers say

In Cape Carteret, NC, the median home sold for $422,500 (about $228 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-1,508 of monthly cash flow. Sold prices moved +4.6% over the past year. Inventory sits at about 7.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other North Carolina markets to compare

See Cape Carteret cash-flowing listings

CashFlowRE ranks every for-sale home in Cape Carteret, NC by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Cape Carteret deals, or browse the national market data.