Calling all investors! This home as well as surrounding lots which are also listed, are in need of a full remodel to meet current code and receive a new certificate of occupancy.
These homes are great for a buy and hold or rental opportunity. Homes on the same street rent for $1350/month. These homes have great potential!
7 categories
Doorify MLS #10179852$60,000$70/sqft Doorify MLS #10179852$60,000$70/sqft Doorify MLS #10179852$60,000−$30,000 · −33.3%$70/sqft Doorify MLS #10132430$90,000$105/sqft Doorify MLS #10132430$90,000$105/sqftNear 410 Spring Court · Henderson, NC 27536
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.
This sold listing on Thomas Street is a very direct comparison for 410 Spring Court. Both homes are positioned as investment projects requiring significant work to be habitable and meet modern codes. While this property is slightly smaller, it sold for a lower price per square foot, suggesting that the home for sale is priced at the upper end of the local fixer-upper market.
The home on Beacon Avenue offers more living space and a larger lot, which accounts for its higher overall price. Even though it is larger—which typically brings the price per square foot down—it actually sold for more per foot than 410 Spring Court. This indicates that the market sees consistent value in these older cottages even when they require a total overhaul of the interior finishes.
This property on State Street shows what 410 Spring Court could look like after a successful renovation. It features modern flooring, fresh paint, and updated cabinetry, allowing it to command a much higher price per square foot. The $38,000 price difference between the two homes represents the 'sweat equity' or renovation budget needed to bring the home for sale up to a move-in ready standard.
This level of clarity is how we work with every buyer and seller.
When you partner with Second Story Realty, you get a team that studies the market deeply, explains the “why” behind the numbers, and guides you with transparency at every step.
You can contact us to talk strategy, ask questions, or schedule a showing, we will help you take the next step with confidence.
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Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
