1 month on rocket

113 E Cypress St, Elizabeth City, NC, 27909

$165,000

Home List Price

$1,959*

Closing Credit

4 Bedrooms
2 Baths
1,974 SqFt
$84/SqFt
Multi

Location

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113 E Cypress St, Elizabeth City$165,000

Buyer Closing Credits

$1,959*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingShared, Unpaved
Year Built1930
HeatingBaseboard
CoolingWall/Window Unit(s)
WaterfrontNone
FireplaceNone
MLS #100468385
Lot Size0.11 Acres
StatusActive

About 113 E Cypress St

Duplex with an EXCELLENT rental history! 100% occupancy and solid tenants! Located on a gorgeous corner lot, it makes dividing the usage much easier. The cap rate on this property is just over 7%, leaving plenty of meat on the bone for any investor! **Seller is participating in a 1031 Exchange, at no cost to Buyer. Please include this language in your offer, and have Sellers name listed with ''&/or Assigns''. Buyer is aware that seller intends to perform an IRS Section 1031 tax-deferred exchange . Seller requests buyers cooperation in such an exchange and agrees to hold Buyer harmless from any and all costs, claims, liabilities or delays in time resulting from such an exchange. Buyer agrees to an assignment of this contract to TowneBank, a qualified Intermediary of the Seller.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 2
  • Living Area: 1,974 SqFt

Listing Office:

  • Office Name: Inner Banks Real Estate Group, Inc.

Interior Features

Interior Information:

  • Appliances: Refrigerator, Electric Oven, Electric Stove
  • Basement: No
  • Flooring Type: Vinyl, Wood
  • Interior: None
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: Shared, Unpaved

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From N. Road Street, turn onto Cypress, and look for corner of Etheridge & Cypress.

Price Information

Listing Price Info

Price Summary:

  • List Price: $165,000
  • Price Per SqFt: $84/SqFt
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Housing Market Comparison

See how this home compares to others in Elizabeth City, NC.

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Elizabeth City, NC

City

Med. Sold Price

$305K

Med. Price/SqFt

$170

Avg. Days On Market

45

# of Sold Homes

67

113 E Cypress St vs Elizabeth City

47 DAYS ON ROCKET

+2 Days

$165,000

-$140K Less

$84/SqFt

-$86 Less

KEY TAKEAWAY

This property is $140K less than the Median Sold Price and $86/SqFt less than other homes in Elizabeth City, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100468385

Listing Office:

  • Office Name: Inner Banks Real Estate Group, Inc.

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $71,500
2019 - $71,500
2018 - $71,500
2017 - $71,500

History based on county public records data.

Payment Calculator

$891

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$561

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-519671
8
/10

  • Sheep-Harney Elementary School

  • 200 W Elizabeth St

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-519672
5
/10

  • P W Moore Elementary School

  • 606 Roanoke Ave

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-519673
2
/10

  • J C Sawyer Elementary School

  • 1007 Park St

  • 1.26 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,352. Most Elizabeth City, NC residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Pasquotank County›Elizabeth City›27909›113 E Cypress St

This home is located at 113 E Cypress St in Elizabeth City, NC and zip code 27909 in the Northside neighborhood. This 1,974 square foot home, which was built in 1930, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $165,000.

Over 16 listings were sold over their listed price in October 2024 in Elizabeth City, NC. In the same period over 20 listings were sold below the listed price and 8 listings were sold for the listed price. The number of listings in Elizabeth City, NC increased by 11% between September 2024 and October 2024. Listings spent 45 days on the market in October 2024, and had a median list price of $305,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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