Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$440,000

For Sale - Active
180 Boundaryline Dr NW, Calabash, NC 28467
3 Beds
2 Baths
1,749 Square Feet
0.40 Acres Lot
Built in 2021
For Sale - Active
Units n/a
Checked: 22 hours ago
Updated: Aug 21, 2025 at 02:31AM

Investment Summary


Monthly Cash Flow
-$669
Cap Rate
3.9%
Cash-on-Cash Return
-7.9%
Debt Coverage Ratio
0.68
Internal Rate of Return (5 years)
-3.7%

Property Description


0.40 Acres Lot
Built in 2021
For Sale - Active
Units n/a

Welcome to this beautifully designed single story-home offering the perfect blend of comfort and convenience. Featuring 3 spacious bedrooms and 2 full baths, as well as an inviting open concept living area. Enjoy large windows which fill the space with natural light and bring the outdoors in. The modern kitchen boasts sleek countertops, ample cabinet space, and a breakfast bar that flows seamlessly into the dining and living areas - perfect for entertaining or family gatherings. The primary suite offers a private retreat with an en-suite bath and a generous walk in closet. Two additional bedrooms are well sized and perfect for guests or family visiting. This home is close to shopping, dining and a short drive to the beach.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Avatar
Avatar
Avatar

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent
Avatar
Avatar
Avatar

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender
Avatar
Avatar
Avatar

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager
Avatar
Avatar
Avatar

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Paved
  • Details: Paved
  • Garage Spaces: 2
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 6
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Siding (Alum/Vinyl)
  • Foundation: Slab
  • Roof Type: Gable

HOA

  • Has HOA: Yes
  • Association: Carolina Shores North
  • HOA Fee: $525/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 240JC023
  • Lot Size: 17555 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2021

Tax Information

  • Annual Tax: $1,565

Utilities

  • Water & Sewer: Public
  • Heating: Electric, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Brunswick

Listing Details


Listed by:
Mary E Esposito
Mary Esposito Realty, LLC
(315) 243-4449

Source:
Hive MLS (North Carolina Regional)
MLS#: 100490552
Hive MLS (North Carolina Regional)

Investment Summary


Monthly Cash Flow
-$669
Cap Rate
3.9%
Cash-on-Cash Return
-7.9%
Debt Coverage Ratio
0.68
Internal Rate of Return (5 years)
-3.7%

Purchase Details

Find an Agent

Purchase price:
$440,000
Amount financed:
-$352,000
Down payment:
$88,000
Closing costs:
$13,200
Rehab costs:
$0
Initial cash invested:
$101,200
Square feet:
1,749
Cost per square foot:
$252
Monthly rent per square foot:
$1.32

Financing Details

Find a Lender

Loan amount:
$352,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$2,082
Property tax:
$130
Insurance:
$161
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,373

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,300 $27,600
Vacancy loss: (6%)
6% -$138 -$1,656
Operating income:
$2,162 $25,944

Operating Expenses


% Rent Monthly Yearly
Property taxes: (6%)
6%-$130-$1,565
Insurance: (7%)
7%-$161-$1,932
Property management: (8%)
8%-$184-$2,208
Repairs & maintenance: (5%)
5%-$115-$1,380
Capital expenditures: (5%)
5%-$115-$1,380
HOA fees: (2%)
2%-$44-$528
Total operating expenses: (33%)
33%-$749-$8,993

Cash Flow


Monthly Yearly
Net operating income:
$1,413 $16,956
Mortgage payments:
-$2,082 -$24,984
Cash flow:
$669 $8,028