Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1374 Salter Path Rd Salter Path, NC 28512

    View on Map
    Sponsored
    For Sale
    $999,900

    MULTI_FAMILY - Salter Path, NC

    Property size:
    2,986 SF
    Lot size:
    0.38 Acres
    Days on Market:
    15
    Last Refresh:
    Mar 17 at 2:06 am

    Property Features for 1374 Salter Path Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Unzoned
    Rooms
    Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 8, Bathroom 7, Bathroom 6, Bathroom 5, Bathroom 3, Bathroom 4
    Bedrooms
    4
    Bathrooms
    8
    APN
    633406472973000
    Parking
    4
    Patio and Porch features
    Porch
    Interior features
    Kitchen Island, Pantry
    Appliances
    Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher
    Size
    2,986 SF
    Lot size
    0.38 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Heat Pump (Heating), Electric (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    2025
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Lvt/lvp
    Building materials
    Vinyl Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    Copeland Bernauer Team

    Coldwell Banker Sea Coast AB (252) 247-7600

    Listing agent Copeland Bernauer Team (252) 247-7600 License #213070

    Listing date Mar 2, 2026

    MLS# 100536266

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Modern Coastal Living Duplex

    This duplex features three levels of modern coastal living. A private garage includes a half bath and mini split system, suitable for a game room, storage, or flexible living space. The third floor offers an open-concept living area with a covered front deck, dining space, and a kitchen equipped with quartz countertops and stainless steel appliances. A laundry area and rear deck provide additional outdoor space. The second floor includes an owner's suite, a guest bedroom, and an additional room ideal for an office or flex space, along with covered front and back decks. High-end finishes are present throughout, including LVP flooring, quartz surfaces, and a new washer and dryer in each unit. Situated on a 0.38-acre lot in Salter Path, the property offers access to beaches, dining, and coastal attractions. The 2,986 square foot duplex provides an opportunity for investment, personal use, or a combination of both. The listing includes both sides of the duplex.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Building Supply Bar & Pub Kitchen & Bath Showroom Grocery & Convenience Store Grocery & Convenience Store Hotel & Motel (Bike/Boat/Book/etc) Store Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salter Path
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.88962
    Latitude
    34.687684

    FAQs

    What type of property is this?
    Duplex - Three-level duplex with high-end finishes and flexible living spaces.
    Where is this duplex located?
    The property is located at 1374 Salter Path Rd Salter Path, NC.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: - Entire duplex: Incredible opportunity for investment, personal use, or a combination of both.; - Modern coastal design with **high-end finishes throughout, including LVP flooring and quartz surfaces.**; - Private garage with half bath and mini split, suitable for a game room, storage, or flexible living space.
    (252) 726-4700
    Request Owner's contact information
    1374 Salter Path Rd Salter Path, NC 28512
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1374 Salter Path Rd
    Salter Path, NC 28512
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1374 Salter Path Rd Salter Path, NC 28512
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Copeland Bernauer Team
    Real Estate License ID: 213070
    (252) 726-4700 (252) 247-7600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!