1024 Glohaven Way

Boiling Springs, SC 29316
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3 bd, 2.5 ba | 2,398 sqft | Built in 2021

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List Price
$315,000

Initial Investment

$85,838

Purchase Price

$315,000

Down Payment

25%

Rent

$2,940

Total Return

$175,735

Annualized Return

26.0%

Cap Rate

6.4%

Gross Yield

11.2%

Cash Flow

$2,657

Appreciation

8.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

4,792

HOA

$143/mo
POPULAR GROWING LOCATION! BEAUTIFUL LAKE BOWEN AREA! LOVELY LOCK 'N LEAVE NEIGHBORHOOD! FLAT FENCED BACKYARD! SPACIOUS SCREENED PORCH! COVETED END-UNIT w/ 2-CAR GARAGE! UPGRADED HOME INTERIOR! GOOD SCHOOL AREA! GREAT PRICE for ALL! Situated just off the commercial Highway 9 area, there is convenient dining, shopping, banking and more within 5 minutes+-. The I-26 and I-85 give easy access throughout the Upstate, as well as into the BLUE RIDGE MOUNTAIN foothills. The wonderful 1500-acre Lake Bowen, just 5 minutes+-away, provides fishing and boating. Anchor Park has picnic pavilions and waterfront access for fishing, a playground and 2 boat ramps. The Woodfin Ridge Golf Course is nearby, as well as the renowned Tryon Equestrian Center. Spartanburg is just a 10-minute drive+-, with USC Spartanburg, Winthrop and other educational institutions there. On down the interstate from Spartanburg another 20 minutes is GREENVILLE, the Upstate's largest and most popular city with activities and entertainment constantly! This is a GREAT LOCATION for busy fun-loving people! Also, for children, be assured that there are award-winning schools. From the time you enter Peachtree Townes neighborhood, you will be impressed by a consistently well-maintained neighborhood —a plus for any homeowner! Whether for business or for pleasure, you may feel free to lock 'n leave, as your lawn is taken care of by the HOA. The (mostly) flat fenced backyard gives a feeling of privacy and security, with a space to use your own "green thumb". You are sure to enjoy the screened porch along with the privacy fencing for your morning coffee or evening dinners. This home is an end unit, the only units which are able to have a 2-car garage. This 2300 +-SF home opens into a spacious 2-story foyer, and leads to the 2-story living room, dining room and kitchen. SO OPEN AND LIGHT! The Primary bedroom on main floor is ensuite to a very large bathroom, with his 'n her vanities, tiled shower and a separate water closet, along with a large clothes closet. The 2nd level is complete with 2 bedrooms, a rec room, bathroom and large laundry room (laundry room on both levels). There are split-floor thermostats and 2" blinds throughout. This phenomenal home was loaded with buyer upgrades prior to closing and many AFTER CLOSING. Original upgrades include molding over kitchen cabinetry, Granite countertops, interior door frames, tile in owner's bathroom, baseboards, interior doors, open staircase and upgraded kitchen appliances (with double oven). Owner upgrades post-closing includes stylish bathroom mirrors, light fixtures, Board and Batten in Primary bedroom and bathroom, screened porch, back door blind, and fenced-in backyard. WHAT a "SPECIAL" HOME in a LOVELY NEIGHBORHOOD in a CONVENIENT LOCATION at this GREAT PRICE! (If SF is important to buyer, buyer must verify.)

See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$33,516

Expenses

-$7,414

Property Taxes

-$6,320

Loan Payments

-$17,125

Net Cash Flow

$2,657

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:
Realty One Group Freedom
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceSpartanburg MLS
MLS #322645
Last Updated: 04/22/2025 01:04
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