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2814 Hilliard Dr

Charlotte, NC 28205 · charlotte market · Mecklenburg County

B76
Price
$215,000
$168/sqft
Property
3bd / 1.5ba · 1,280 sqft
SFH · Built 1955 · Lot 5,800 sqft
Status
active
38 days on market · redfin
Flip Analysis
Purchase Price$215,000
Repairs (Cosmetic Full ($10-15/sqft))$16,000
All-In Cost$231,000
ARV (After Repair Value)$340,000
Max Offer (70% Rule)$222,000
Potential Profit$109,000
ARV Score
26/30
70% Rule
20/25
Equity Upside
11/15
Risk Deductions
-2/10
Rental Analysis
Monthly Rent Estimate$1,600
Monthly Cash Flow$210
Cap Rate6.1%
Cash-on-Cash Return9.2%
Cash Flow Score13/20

Assumptions

Down payment: 25%Rate: 6.99%Management: 10%Maintenance: 5%Vacancy: 8%HOA: $0/mo
Seller Motivation8.4/10
High Motivation

Signals Detected

  • Estate sale
  • 1 price reduction ($20,000 off)
  • Make an offer
  • Absentee owner
  • On market 38 days
Price History$20K drop (8.5%)
Comparable Sales (4)
AddressPrice$/sqftSqftBeds/BathsSold DateDistance
2705 Attaberry Dr$335,000$2681,2503/1.52026-01-220.2 mi
2705 Attaberry Dr$335,000$2681,2503/1.52026-01-220.2 mi
2901 Commonwealth Ave$345,000$2651,3003/22025-12-180.3 mi
2901 Commonwealth Ave$345,000$2651,3003/22025-12-180.3 mi
Additional Evaluation Factors
School Rating
7/10
Nearby Sold Vol.
31 sales
Property Tax Rate
1.05%
Insurance Est.
$1,200/yr
Vacancy Rate
3.8%
Neighborhood
appreciating
Walk Score
68/100
Owner Tenure
22 yrs
HOA
None
Listing Description

Plaza Midwood adjacent! Investor or owner occupant — needs cosmetic work but great location. Original tile bath, hardwood floors. Estate sale, family wants quick close. Make an offer!

View Original ListingAgent: Michelle Torres · 704-555-0189