Penrose · Penrose, NC
332 Island Cove Road
Penrose, NC · 1,600 sqft
$365,000
- 3Beds
- 2Baths
- 1,600SqFt
- 1950Year
- 1Days on market
About this home
Location Location! This diamond in the rough 3 bedroom 2 bath has a wonderful location off of Crab Creek Road located between DuPont State Park and Pisgah Forest National Park. This property is ready for an update and for the detached garage to be completed. The mature landscaping provides privacy and a wonderful back drop to the location. This clean solid house needs a variety of updates but it has good bones to work with overall. Soaring ceilings in the main room with a propane rock fireplace sets the tone in the open floor plan main kitchen living area. Two bedrooms with a bath and laundry/storage down the hall with the primary ensuite bath at the end provide lots of living space. The ensconced back patio is a wonderful grilling, gathering area. Come check it out!
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,600
- Lot
- —
- Year built
- 1950
- Type
- Single Family
- Days on market
- 1
- Garage
- 3
- Heating
- Electric, Heat Pump
- Cooling
- Ceiling Fan(s), Electric, Heat Pump
- Foundation
- Slab
- Flooring
- Carpet, Tile, Wood
Features
- Open Floorplan
- Storage
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,686/ month
- Principal & interest
- $2,260
- Property tax (~1.05%)
- $319
- Homeowners insurance
- $106
- HOA dues
- —
Down payment
$18,250 down · $346,750 financed
Income to qualify (28% rule)
~$115,131 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.