Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

205 Noble Street Greer, SC 29651

3 Beds 2 Baths - sqft Built 2017

$279,900

List Price

$1,680

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $158.14
  • 3 Days on Market
  • MLS # : 1432151
  • Updated Date : 11/20/2020 at 14:55
CONSTRUCTION
  • Beds : 3
  • Floor Size : '-'
  • Baths : 2 full
Listing Agent

Coldwell Banker Caine/williams

Listing Agent's Description

205 Noble St. is a classic 3 bedroom, 2 bathroom charmer sitting on a premium lot on the best street in O'Neal Village. It is one level living at it's finest! This better-than-new home has all the upgrades that you want. The kitchen has the Gourmet Kitchen Package and the Gourmet Kitchen Appliance Package as well as an Upgraded Kitchen Backsplash Package. The sellers didn't stop there and upgraded the master bathroom, added hand-scraped hardwood flooring and upgraded carpet, large moldings, a screened in back porch with a sealed concrete floor, fenced in back yard, and professionally installed closet pros systems throughout the house. The home also has a professionally installed cutting edge alarm system and hardwired IP video surveillance system that can be accessed remotely from anywhere in the world via your smart phone. The master bedroom is spacious and overlooks the backyard and will be your retreat from the outside world. The color palette used throughout the home is spot-on and timeless. You will enjoy gorgeous sunset views of Paris Mountain while your relax in your move-in ready home. O'Neal Villages offers a huge array of amenities including a resort-style pool, a community fireplace and gathering area, an outdoor amphitheater with a pavilion, stunning Wicker Park and numerous pocket parks, a fenced dog park, a children's play area, and a fitness center. Don't let this one slip away. Schedule your appointment today!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29651

ZipNIR Market*CityMarket2010Year2000201980k90k100k110k120k130k140k150k160k170k180k190k200k210kPrice in $79k217k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 29651

ZipNIR Market*CityMarket2010Year20002019 Q2950100010501100115012001250130013501400145015001550Rent in $9171558

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Skyland Elementary School Primary Regular 706 38 9
Blue Ridge Middle School Middle Regular 973 53 8
Blue Ridge High School High Regular 1,183 63 5

Skyland Elementary School

  • Education Level: Primary
  • # of students: 706
  • # of teachers: 38
9
GreatSchools Rating

Blue Ridge Middle School

  • Education Level: Middle
  • # of students: 973
  • # of teachers: 53
8
GreatSchools Rating

Blue Ridge High School

  • Education Level: High
  • # of students: 1,183
  • # of teachers: 63
5
GreatSchools Rating
 

$251,910$307,890$279,900

PURCHASE PRICE

$1,512$1,848$1,680

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,680
EXPENSES Loan Payment -$1,033
Property Tax -$463
Property Insurance -$60
Property Management Fees -$134
CASH FLOW
-$9

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$279,900

PROJECTED PRICE

$1,680

PROJECTED RENT

0.60%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.16%
Appreciation Year (1-5) 4.1%
Maintenance Year (1-5) 8.00%
Vacancy 6.54%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,924

INVESTMENT

$79,924

Down Payment
$69,975
Rehab Estimate
$5,750
Closing Costs
$4,199

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,033

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $69,975
Loan Amount $209,925
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$11,056

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,680

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $1,708

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,6803$1,695
$1,695
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 205 Noble Street Greer, SC 2
    • 3 beds 2 baths ∙ 1,770 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,770 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $1,680
    • $0.95
    •  
  • 230 Barberry Lane Greenville, SC 1
    • 3 beds 2 baths ∙ 1,809 Sqft ∙ Built 3 beds 2 baths ∙ 1,809 Sqft ∙ Built
    LEASED 03/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.80
    •  
  • 808 John Thomas Way Greer, SC 3
    • 3 beds 2 baths ∙ 1,498 Sqft ∙ Built 3 beds 2 baths ∙ 1,498 Sqft ∙ Built
    LEASED 07/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $1.13
    •  
PROPERTY LISTING DETAILS
Steven Merck
1.864.230.2596
Coldwell Banker Caine/williams
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1432151
Last Updated: 11/20/2020
BESbswy