1561 Shallons Ct

Spartanburg, SC 29301
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4 bd, 3 ba | 0 sqft | Built in 2024

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List Price
$307,990

Initial Investment

$83,927

Purchase Price

$307,990

Down Payment

25%

Rent

$1,950

Total Return

$130,079

Annualized Return

19.8%

Cap Rate

4.4%

Gross Yield

7.6%

Cash Flow

-$3,304

Appreciation

8.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

3,049

HOA

None

Flood Risk

Not Required

Welcome to Wadsworth Manor! New homes in Spartanburg, SC! With lawn maintenance included, Wadsworth Manor offers luxury townhomes with vaulted ceilings. Interiors include full chef’s kitchens with spacious islands in our open floor plans. These homes are just minutes from I-85 and I-26. Located a few miles away from Target, Costco, GSP International Airport and USC Upstate. Voted one of the fastest growing U.S. cities, Spartanburg offers ample employment, multiple higher education options and award winning District 6 schools. Offering 2,185 square feet of functional living space, the Summit is a thoughtfully crafted home that is sure to meet all your needs. Enter the spacious foyer from your front porch or garage and come into your open concept living area where you can entertain seamlessly between the living room, kitchen and breakfast area. The chef's kitchen is a must see with stunning white cabinetry, light granite countertops, tile backsplash, center island with sink, under cabinet lighting and stainless steel appliances including a gas range/oven. The 12’ Cathedral Ceilings makes the living room open and airy and lead out to the covered porch and more private backyard which is perfect for those summer evenings. Retreat to the luxurious main floor Primary Suite, complete with a generous walk in closet and spa like bathroom featuring double vanities and a beautiful 5 ft shower with glass doors. An additional bedroom and full bath along with your laundry room complete the main level. Upstairs are two large bedrooms, a full bath, and a versatile Bonus room that would a great entertaining space or even another bedroom. The 1 car garage and double parking pad offer a convenient and versatile combination for car storage and parking. All our homes feature our Smart Home Technology Package including a video doorbell, keyless entry and touch screen hub. Our dedicated local warranty team is here for your needs after closing as well. This home will be complete this Summer so come by today for your personal tour and make Wadsworth Manor your new home. HOA includes lawn care and trash collection. Builder is paying the first year of HOA Dues! Up to $19,000 in Flex Cash available! Ask how it can save you money!

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

Annual Financial Highlights

Expected Rent

$22,230

Expenses

-$3,290

Property Taxes

-$5,500

Loan Payments

-$16,744

Net Cash Flow

-$3,304

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:Emily Raines
Agent License 97871
DRB Group South Carolina, LLC
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceGreater Greenville AOR MLS
MLS #1522405
Last Updated: 04/01/2024 14:04
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