106 Key West Ln · Broad Creek, NC 28570

$819,000

4 bd · 3.0 ba · 4,715 sqft · Other public records · 180 Days on market

Built 2008 0.39 ac lot $38/mo HOA

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +5.1/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Convenient location with easy access to shopping, top rated schools to include award winning Croatan HS and just 10 min to the Emerald Isle bridge, this beauty has something for everyone! With a salt water pool, hot tub w/ bluetooth, tankless HWH, elevator, fenced yard, new LVP flooring throughout home, fresh paint throughout exterior and interior of home and so much more, you don't want to wait! Consisting of 3,712 sq ft with 4 full baths, 3 bedrooms (per septic) and 2 flex rooms (currently used as bdrms 4 & 5) you can easily use this home as a 5 bdrm or the extra rooms for a gym, office or anyway you like! The bottom floor includes 2 flex rooms, rec room and full bath with quick access to the oversized two car garage and the backyard, which is your oasis on any day complete with a salt water in-ground pool, 2 year old 6/7 person hot tub, outdoor shower, shed w/ electricity and a patio w/ built in firepit! Going upstairs to the main floor is easy via stairs or the elevator (accessible by all levels). A bedroom, full bath, office with built in shelving/desk, gourmet kitchen and a eating area with views of the water and a covered screened in porch make this level a place you can wind down and relax! The third level completes this beautiful home with the primary bedroom with ensuite bath, 2 walk in closets, private access to the 3rd floor balcony and another bedroom with it's own private bath! A whole home speaker system allows you to listen to music while you cook or enjoy the back porches and a central vaccum system will make cleaning so much easier! With all there is to do at this beautiful property, make sure to take the time to check out the gorgeous sunsets at the community dock, you won't regret it! Boats need to be under 6ft w/ a removable T-top to fit under Broad Creek bridge. If you have a larger boat, the Marina accross the street charges $225/ yr to launch! Property not in a flood zone.

Key facts

• 0.39 acre lot
• 2 garage spots
• Pool

Property features AI

Finance

• Other: Subdivision: Cottage Pointe
• HOA & community: Homeowners association with a boat dock; Association fee $450 annually (approx. $37.50/month)

Exterior

• Parking: Two-car attached garage with front-facing door and automatic opener; Two additional on-street/open parking spaces; Concrete driveway
• Security: Smoke detectors
• Utilities: Public water and well available; Septic tank; Natural gas connected; Water available
• Home design: Residential single-family home; Three or more levels (3 stories); Entry level is 2nd floor; Located on a cul-de-sac and corner lot; Irregular lot shape; Private road frontage; Paved road
• Construction: Built with fiber cement and frame construction; Metal roof; Slab foundation
• Exterior features: Outdoor shower; Balcony; Covered patio and porch; Back yard wood fencing; In-ground pool; Spa / hot tub; Irrigation system; Shed(s); Has view

Interior

• Kitchen: Gas oven; Range; Microwave; Dishwasher; Refrigerator; Tankless water heater; Water softener
• Bedrooms: Includes multiple bedrooms (total rooms: 10)
• Flooring: Carpet; Tile
• Bathrooms: Four full bathrooms; Accessible full bath
• Heating & cooling: Heat pump; Fireplace heating (gas log); Electric heating; Natural gas heating; Central air; Zoned cooling
• Interior features: Sound system; Central vacuum; Walk-in closets; Tray ceilings; High ceilings; Entrance foyer; Elevator; Ceiling fans; Window coverings; Gas log fireplace
• Laundry & utility: Washer; Dryer; Washer hookup; Dedicated laundry room

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath other listed at $819k.

Deal economics

• At list price, monthly cash flow is $7k ($85k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($15k rent vs $819k).
• Recommended offer: $721k (12.0% below list) — sets the bar for market timing.
• Cap rate 16.6% vs local median 22.6% in Broad Creek — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 64/100 on livability (#340 in NC) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety D-.
• Carteret County Public Schools (rural): math 59% / reading 61% proficiency, ranked #31 of 178 in NC (top 17%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Bogue Sound Elementary (math 63% / reading 63%, grade B, #168 of 1,410 statewide, top 12%, 467 students, 99% FRL); Broad Creek Middle (math 63% / reading 68%, grade A-, #28 of 475 statewide, top 6%, 710 students, 100% FRL); Croatan High (math 82% / reading 78%, grade A, #73 of 535 statewide, top 13%, 974 students, 26% FRL) — zoned schools average 75% FRL vs 39% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 216 active listings in the ZIP; 935 units permitted in Carteret County in 2024 (360 in 5+ unit buildings).
• At $15,137/mo this rent would consume 259% of the median local household income ($70k/yr) (locally 461% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $6k of loan paydown is wiped out by about $25k of value loss. Plan a longer hold.
• Carteret County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $229k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 180 days — a 12% lower offer ($721k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 16y ago; this cycle's ask has dropped $180k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $720,720 (12.0% below list)

Questions for the listing agent

1. It's been on market 180 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.85% ✓
• Cap rate: 16.65%
• Cash-on-cash: 36.99%
• DSCR: 2.65
• GRM: 4.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 32.8%
• Equity multiple: 2.38×
• Total profit: $317,239
• Equity at exit: $122,116

10-year hold

• IRR: 39.8%
• Equity multiple: 4.73×
• Total profit: $854,952
• Equity at exit: $70,812

Cash invested: $229,320 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 85 Strongly Landlord-Friendly
• State North Carolina: 85 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

10-day notice; preempted; landlord-favorable but court speed varies.

Methodology + full state rankings →

ZIP-level market 28570

• Home prices YoY: -16.2%
• Active inventory: 216
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $15,137 medium
• Mortgage (P&I): −$4,295
• Tax from tax record: −$216 /mo · $2,587/yr
• Insurance: −$341
• HOA: −$38
• Vacancy / Maint / Mgmt: −$3,179
• Net cashflow: $7,069

Break-even live

Break-even rent $6,190

Max offer price $819,000

Occupancy floor 48%

Sensitivity live

Price	-10% $7,532	-5% $7,300	+0% $7,069	+5% $6,837	+10% $6,605
Rent	-10% $5,873	-5% $6,471	+0% $7,069	+5% $7,666	+10% $8,264
Rate	-1.0pp $7,481	-0.5pp $7,277	base $7,069	+0.5pp $6,856	+1.0pp $6,640

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $204,750
• Closing costs: $24,570
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $38 · $456/yr
• Likely covers: waterelectricpoolgym

Listing history 27 events

1. 2026-05-18
   status Pending
2. 2026-05-06
   price $819,000
3. 2026-04-27
   price $850,000
4. 2026-04-21
   price $899,000
5. 2026-03-31
   price $933,000
6. 2026-03-04
   price $949,000
7. 2026-01-30
   price $969,000
8. 2026-01-09
   price $989,000
9. 2025-11-19
   listed $999,000 Active
10. 2025-11-07
    historical $999,000
11. 2024-09-20
    soldstatus $940,000 Closed 1936-char remark

    Show marketing remark (1936 chars)

    Convenient location with easy access to shopping, top rated schools to include award winning Croatan HS and just 10 min to the Emerald Isle bridge, this beauty has something for everyone! With a salt water pool, hot tub w/ bluetooth, tankless HWH, elevator, fenced yard, new LVP flooring throughout home, fresh paint throughout exterior and interior of home and so much more, you don't want to wait! Consisting of 3,712 sq ft with 4 full baths, 3 bedrooms (per septic) and 2 flex rooms (currently used as bdrms 4 & 5) you can easily use this home as a 5 bdrm or the extra rooms for a gym, office or anyway you like! The bottom floor includes 2 flex rooms, rec room and full bath with quick access to the oversized two car garage and the backyard, which is your oasis on any day complete with a salt water in-ground pool, 2 year old 6/7 person hot tub, outdoor shower, shed w/ electricity and a patio w/ built in firepit! Going upstairs to the main floor is easy via stairs or the elevator (accessible by all levels). A bedroom, full bath, office with built in shelving/desk, gourmet kitchen and a eating area with views of the water and a covered screened in porch make this level a place you can wind down and relax! The third level completes this beautiful home with the primary bedroom with ensuite bath, 2 walk in closets, private access to the 3rd floor balcony and another bedroom with it's own private bath! A whole home speaker system allows you to listen to music while you cook or enjoy the back porches and a central vaccum system will make cleaning so much easier! With all there is to do at this beautiful property, make sure to take the time to check out the gorgeous sunsets at the community dock, you won't regret it! Boats need to be under 6ft w/ a removable T-top to fit under Broad Creek bridge. If you have a larger boat, the Marina accross the street charges $225/ yr to launch! Property not in a flood zone.

12. 2024-09-20
    soldstatus $940,000

    Show marketing remark (1936 chars)

    Convenient location with easy access to shopping, top rated schools to include award winning Croatan HS and just 10 min to the Emerald Isle bridge, this beauty has something for everyone! With a salt water pool, hot tub w/ bluetooth, tankless HWH, elevator, fenced yard, new LVP flooring throughout home, fresh paint throughout exterior and interior of home and so much more, you don't want to wait! Consisting of 3,712 sq ft with 4 full baths, 3 bedrooms (per septic) and 2 flex rooms (currently used as bdrms 4 & 5) you can easily use this home as a 5 bdrm or the extra rooms for a gym, office or anyway you like! The bottom floor includes 2 flex rooms, rec room and full bath with quick access to the oversized two car garage and the backyard, which is your oasis on any day complete with a salt water in-ground pool, 2 year old 6/7 person hot tub, outdoor shower, shed w/ electricity and a patio w/ built in firepit! Going upstairs to the main floor is easy via stairs or the elevator (accessible by all levels). A bedroom, full bath, office with built in shelving/desk, gourmet kitchen and a eating area with views of the water and a covered screened in porch make this level a place you can wind down and relax! The third level completes this beautiful home with the primary bedroom with ensuite bath, 2 walk in closets, private access to the 3rd floor balcony and another bedroom with it's own private bath! A whole home speaker system allows you to listen to music while you cook or enjoy the back porches and a central vaccum system will make cleaning so much easier! With all there is to do at this beautiful property, make sure to take the time to check out the gorgeous sunsets at the community dock, you won't regret it! Boats need to be under 6ft w/ a removable T-top to fit under Broad Creek bridge. If you have a larger boat, the Marina accross the street charges $225/ yr to launch! Property not in a flood zone.

13. 2024-08-09
    status Pending 1936-char remark

    Show marketing remark (1936 chars)

    Convenient location with easy access to shopping, top rated schools to include award winning Croatan HS and just 10 min to the Emerald Isle bridge, this beauty has something for everyone! With a salt water pool, hot tub w/ bluetooth, tankless HWH, elevator, fenced yard, new LVP flooring throughout home, fresh paint throughout exterior and interior of home and so much more, you don't want to wait! Consisting of 3,712 sq ft with 4 full baths, 3 bedrooms (per septic) and 2 flex rooms (currently used as bdrms 4 & 5) you can easily use this home as a 5 bdrm or the extra rooms for a gym, office or anyway you like! The bottom floor includes 2 flex rooms, rec room and full bath with quick access to the oversized two car garage and the backyard, which is your oasis on any day complete with a salt water in-ground pool, 2 year old 6/7 person hot tub, outdoor shower, shed w/ electricity and a patio w/ built in firepit! Going upstairs to the main floor is easy via stairs or the elevator (accessible by all levels). A bedroom, full bath, office with built in shelving/desk, gourmet kitchen and a eating area with views of the water and a covered screened in porch make this level a place you can wind down and relax! The third level completes this beautiful home with the primary bedroom with ensuite bath, 2 walk in closets, private access to the 3rd floor balcony and another bedroom with it's own private bath! A whole home speaker system allows you to listen to music while you cook or enjoy the back porches and a central vaccum system will make cleaning so much easier! With all there is to do at this beautiful property, make sure to take the time to check out the gorgeous sunsets at the community dock, you won't regret it! Boats need to be under 6ft w/ a removable T-top to fit under Broad Creek bridge. If you have a larger boat, the Marina accross the street charges $225/ yr to launch! Property not in a flood zone.

14. 2024-07-07
    price $989,000 1936-char remark

    Show marketing remark (1936 chars)

    Convenient location with easy access to shopping, top rated schools to include award winning Croatan HS and just 10 min to the Emerald Isle bridge, this beauty has something for everyone! With a salt water pool, hot tub w/ bluetooth, tankless HWH, elevator, fenced yard, new LVP flooring throughout home, fresh paint throughout exterior and interior of home and so much more, you don't want to wait! Consisting of 3,712 sq ft with 4 full baths, 3 bedrooms (per septic) and 2 flex rooms (currently used as bdrms 4 & 5) you can easily use this home as a 5 bdrm or the extra rooms for a gym, office or anyway you like! The bottom floor includes 2 flex rooms, rec room and full bath with quick access to the oversized two car garage and the backyard, which is your oasis on any day complete with a salt water in-ground pool, 2 year old 6/7 person hot tub, outdoor shower, shed w/ electricity and a patio w/ built in firepit! Going upstairs to the main floor is easy via stairs or the elevator (accessible by all levels). A bedroom, full bath, office with built in shelving/desk, gourmet kitchen and a eating area with views of the water and a covered screened in porch make this level a place you can wind down and relax! The third level completes this beautiful home with the primary bedroom with ensuite bath, 2 walk in closets, private access to the 3rd floor balcony and another bedroom with it's own private bath! A whole home speaker system allows you to listen to music while you cook or enjoy the back porches and a central vaccum system will make cleaning so much easier! With all there is to do at this beautiful property, make sure to take the time to check out the gorgeous sunsets at the community dock, you won't regret it! Boats need to be under 6ft w/ a removable T-top to fit under Broad Creek bridge. If you have a larger boat, the Marina accross the street charges $225/ yr to launch! Property not in a flood zone.

15. 2024-06-22
    price $999,500 1936-char remark

    Show marketing remark (1936 chars)

    Convenient location with easy access to shopping, top rated schools to include award winning Croatan HS and just 10 min to the Emerald Isle bridge, this beauty has something for everyone! With a salt water pool, hot tub w/ bluetooth, tankless HWH, elevator, fenced yard, new LVP flooring throughout home, fresh paint throughout exterior and interior of home and so much more, you don't want to wait! Consisting of 3,712 sq ft with 4 full baths, 3 bedrooms (per septic) and 2 flex rooms (currently used as bdrms 4 & 5) you can easily use this home as a 5 bdrm or the extra rooms for a gym, office or anyway you like! The bottom floor includes 2 flex rooms, rec room and full bath with quick access to the oversized two car garage and the backyard, which is your oasis on any day complete with a salt water in-ground pool, 2 year old 6/7 person hot tub, outdoor shower, shed w/ electricity and a patio w/ built in firepit! Going upstairs to the main floor is easy via stairs or the elevator (accessible by all levels). A bedroom, full bath, office with built in shelving/desk, gourmet kitchen and a eating area with views of the water and a covered screened in porch make this level a place you can wind down and relax! The third level completes this beautiful home with the primary bedroom with ensuite bath, 2 walk in closets, private access to the 3rd floor balcony and another bedroom with it's own private bath! A whole home speaker system allows you to listen to music while you cook or enjoy the back porches and a central vaccum system will make cleaning so much easier! With all there is to do at this beautiful property, make sure to take the time to check out the gorgeous sunsets at the community dock, you won't regret it! Boats need to be under 6ft w/ a removable T-top to fit under Broad Creek bridge. If you have a larger boat, the Marina accross the street charges $225/ yr to launch! Property not in a flood zone.

16. 2024-06-17
    listed $1,010,000 Active 1936-char remark

    Show marketing remark (1936 chars)

    Convenient location with easy access to shopping, top rated schools to include award winning Croatan HS and just 10 min to the Emerald Isle bridge, this beauty has something for everyone! With a salt water pool, hot tub w/ bluetooth, tankless HWH, elevator, fenced yard, new LVP flooring throughout home, fresh paint throughout exterior and interior of home and so much more, you don't want to wait! Consisting of 3,712 sq ft with 4 full baths, 3 bedrooms (per septic) and 2 flex rooms (currently used as bdrms 4 & 5) you can easily use this home as a 5 bdrm or the extra rooms for a gym, office or anyway you like! The bottom floor includes 2 flex rooms, rec room and full bath with quick access to the oversized two car garage and the backyard, which is your oasis on any day complete with a salt water in-ground pool, 2 year old 6/7 person hot tub, outdoor shower, shed w/ electricity and a patio w/ built in firepit! Going upstairs to the main floor is easy via stairs or the elevator (accessible by all levels). A bedroom, full bath, office with built in shelving/desk, gourmet kitchen and a eating area with views of the water and a covered screened in porch make this level a place you can wind down and relax! The third level completes this beautiful home with the primary bedroom with ensuite bath, 2 walk in closets, private access to the 3rd floor balcony and another bedroom with it's own private bath! A whole home speaker system allows you to listen to music while you cook or enjoy the back porches and a central vaccum system will make cleaning so much easier! With all there is to do at this beautiful property, make sure to take the time to check out the gorgeous sunsets at the community dock, you won't regret it! Boats need to be under 6ft w/ a removable T-top to fit under Broad Creek bridge. If you have a larger boat, the Marina accross the street charges $225/ yr to launch! Property not in a flood zone.

17. 2021-09-09
    soldstatus $675,000 1282-char remark

    Show marketing remark (1282 chars)

    Your coastal oasis awaits you. This custom-built 3-bedroom (with additional bonus room), 4-bathroom home is minutes from the beaches of the Crystal Coast, shopping, and a variety of activities. Centrally located near Broad Creek, this home is only a short distance away from Morehead City, Historic Beaufort, Emerald Isle, and Atlantic Beach. Enjoy water views from your home as well as a community pier and water access. This home boasts many custom features such as an elevator, built-in storage and bookcases, a central vacuum system, an indoor/outdoor sound system, and a fireplace, stove, and a tankless water heater connected to natural gas. In addition to these features, the home also has a separate guest suite next to a recreation room and an in-home gym that opens out to a covered patio with outdoor shower leading to an in-ground saltwater swimming pool. There is ample parking and storage with an oversized 2-car garage. This home also has a private owners' suite featuring a large walk-in shower, deep soaking tub, two large walk-in closets with custom-built storage, and a private balcony with water views. In addition to the four bedrooms, there is also a home office that the current owners use as a music room. Don't miss your chance to own this grand coast home.

18. 2021-09-09
    soldstatus $675,000

    Show marketing remark (1282 chars)

    Your coastal oasis awaits you. This custom-built 3-bedroom (with additional bonus room), 4-bathroom home is minutes from the beaches of the Crystal Coast, shopping, and a variety of activities. Centrally located near Broad Creek, this home is only a short distance away from Morehead City, Historic Beaufort, Emerald Isle, and Atlantic Beach. Enjoy water views from your home as well as a community pier and water access. This home boasts many custom features such as an elevator, built-in storage and bookcases, a central vacuum system, an indoor/outdoor sound system, and a fireplace, stove, and a tankless water heater connected to natural gas. In addition to these features, the home also has a separate guest suite next to a recreation room and an in-home gym that opens out to a covered patio with outdoor shower leading to an in-ground saltwater swimming pool. There is ample parking and storage with an oversized 2-car garage. This home also has a private owners' suite featuring a large walk-in shower, deep soaking tub, two large walk-in closets with custom-built storage, and a private balcony with water views. In addition to the four bedrooms, there is also a home office that the current owners use as a music room. Don't miss your chance to own this grand coast home.

19. 2021-07-17
    listed $685,000 1282-char remark

    Show marketing remark (1282 chars)

    Your coastal oasis awaits you. This custom-built 3-bedroom (with additional bonus room), 4-bathroom home is minutes from the beaches of the Crystal Coast, shopping, and a variety of activities. Centrally located near Broad Creek, this home is only a short distance away from Morehead City, Historic Beaufort, Emerald Isle, and Atlantic Beach. Enjoy water views from your home as well as a community pier and water access. This home boasts many custom features such as an elevator, built-in storage and bookcases, a central vacuum system, an indoor/outdoor sound system, and a fireplace, stove, and a tankless water heater connected to natural gas. In addition to these features, the home also has a separate guest suite next to a recreation room and an in-home gym that opens out to a covered patio with outdoor shower leading to an in-ground saltwater swimming pool. There is ample parking and storage with an oversized 2-car garage. This home also has a private owners' suite featuring a large walk-in shower, deep soaking tub, two large walk-in closets with custom-built storage, and a private balcony with water views. In addition to the four bedrooms, there is also a home office that the current owners use as a music room. Don't miss your chance to own this grand coast home.

20. 2019-05-31
    soldstatus $518,000
21. 2019-05-31
    soldstatus $518,000
22. 2019-04-15
    listed $498,000
23. 2014-06-20
    soldstatus $480,500
24. 2014-06-20
    soldstatus $480,500
25. 2011-11-23
    listed $489,000
26. 2011-09-17
    historical
27. 2010-03-22
    listed $639,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NC · Resets to sale price

• Current annual tax: $2,587 · $216/mo
• Projected year-2 tax: $6,716 · $560/mo
• Expected delta: +$4,129/yr (+$344/mo · 159.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥102°F today · 20 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $181,644
• − Mortgage interest: −$45,877
• − Property taxes: −$2,587
• − Insurance: −$4,095
• − Repairs & maintenance: −$14,532
• − Management: −$14,532
• − HOA: −$456
• − Depreciation: −$23,825
• Taxable income: $75,741
• Est. tax owed @ 24.0%: −$18,178
• After-tax cash flow: $66,644/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Carteret County Public Schools
• NCES district ID: 3700630
• Math proficiency: 59% ▲ 5.00%
• Reading proficiency: 61% ▲ 2.00%
• Median HH income: $48,330
• Composite: 50.92/100
• National rank: #1786
• State rank: #31 of 178 in NC

Livability — Broad Creek

• Score: 64/100
• State rank: #340
• US rank: #13718

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment C+ Housing A+ Health & safety D- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Carteret County · 52,389 people
• Metro: Morehead City, NC
• Population (ZIP): 22,197
• Household income: $70,229
• Rent vs Own: 22.7% rent · 77.3% own
• Severe rent burden: 461.0

Population outlook (Carteret County) Hauer SSP2

• Today (2025): 73,443 people
• By 2030: 75,344 · +2.6%
• By 2040: 78,142 · +6.4%
• By 2050: 80,091 · +9.1%
• By 2075: 86,120 · +17.3%
• By 2100: 89,408 · +21.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 7% Two or more races 6% Black 3% Asian 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Slovak 3% Romanian 3% Lithuanian 2%
• Foreign-born: 5% · Canada, Dominican Republic
• Languages at home: 92% English-only · Spanish 6% German/W. Germanic 1%

Political lean MEDSL · Carteret

• 2024 margin: Solid R (+43.1) · D 28.0% · R 71.1%
• 2008→2024 swing: -8.4pp toward R · 2008: -34.7pp · 2024: -43.1pp
• All cycles: 2024: R+43.1 2020: R+42.0 2016: R+44.5 2012: R+41.0 2008: R+34.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -53.54%
• Current HPI: 276.6589
• Rent YoY: —
• Metro: Morehead City, NC
• State GDP YoY: ▲ 3.28%
• F500 in state: 26

Industry mix (Fortune 500 HQ in NC)

Industry	F500 HQs	Revenue
▸Financial Services	2	$213B
▸Retail	2	$95B
▸Industrial Conglomerate	1	$38B
▸Metals / Steel	1	$35B
▸Utilities	1	$30B
▸Industrial Machinery	1	$19B

Price history

+28.2% since first listed

27 events — show timeline

• 2026-05-18 Pending — Hive MLS
• 2026-05-06 Price Changed $819,000 Hive MLS
• 2026-04-27 Price Changed $850,000 Hive MLS
• 2026-04-21 Price Changed $899,000 Hive MLS
• 2026-03-31 Price Changed $933,000 Hive MLS
• 2026-03-04 Price Changed $949,000 Hive MLS
• 2026-01-30 Price Changed $969,000 Hive MLS
• 2026-01-09 Price Changed $989,000 Hive MLS
• 2025-11-19 Listed $999,000 Hive MLS
• 2025-11-07 Coming Soon $999,000 Hive MLS
• 2024-09-20 Sold (Public Records) $940,000 Public Records
• 2024-09-20 Sold (MLS) $940,000 Hive MLS
• 2024-08-09 Pending — Hive MLS
• 2024-07-07 Price Changed $989,000 Hive MLS
• 2024-06-22 Price Changed $999,500 Hive MLS
• 2024-06-17 Listed $1,010,000 Hive MLS
• 2021-09-09 Sold (Public Records) $675,000 Public Records
• 2021-09-09 Sold (MLS) $675,000 Hive MLS
• 2021-07-17 Listed $685,000 Hive MLS
• 2019-05-31 Sold (Public Records) $518,000 Public Records
• 2019-05-31 Sold (MLS) $518,000 Hive MLS
• 2019-04-15 Listed $498,000 Hive MLS
• 2014-06-20 Sold (Public Records) $480,500 Public Records
• 2014-06-20 Sold (MLS) $480,500 Hive MLS
• 2011-11-23 Listed $489,000 Hive MLS
• 2011-09-17 Listing Removed — Hive MLS
• 2010-03-22 Listed $639,000 Hive MLS

Property tax history

+4.0%/yr

Latest (2025): $2,587 · +20.4% YoY. Source: county tax records.