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Two-Bedroom Duplex with Fireplace
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133 Twin Wood Drive, Havelock, NC 28532

Features a dishwasher, laundry connections, and included lawn care and pest control.

Property Size837 SF
Days on Market126

Property Features for 133 Twin Wood Drive

General Information

Standard status Active
Size 837 SF
Property subtype Duplex

Amenities

fireplace
dishwasher
washer/dryer connections

Building Details

Building Size 837 SF
Year Built 1985
Stories 1
Listing Agency: Coastal Advantage Properties, LLC
Listed By: Coastal Advantage Properties MHC
Source: Chadhowery.kw
Added: Jun 17 Changed: Oct 5 Last Checked: Oct 19 at 3:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coastal Advantage Properties, LLC

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Investment Insights

Based on property information with market context.

Built in 1985, this duplex offers a two-bedroom, one-bath layout with practical features for everyday living. Interior amenities include a fireplace, dishwasher, and washer/dryer connections. Lawn care and pest control are included, while pets are not permitted.

The property is located at 133 Twin Wood Drive in Havelock, North Carolina, minutes from Cherry Point and nearby shopping, dining, and daily necessities.

Key Highlights

  • 2‑bedroom, 1‑bath duplex
  • Fireplace, dishwasher, and washer/dryer connections
  • Lawn care and pest control included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,839
Suggested Prices Based on Cap Rates
Cap Rate 5%
$136,780 $136.8K
Cap Rate 7%
$97,700 $97.7K
Cap Rate 9%
$75,989 $76.0K
Market Conditions
NOI Build-Up for 837 SF
Gross rent
$13.2K $15.72/SF
− Vacancy
−$724 −$0.86/SF
EGI
$12.4K $14.86/SF
− OpEx
−$5.6K −$6.68/SF
NOI
$6.8K $8.17/SF
Area
Craven County, NC
Vacancy
5.50%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$136,780
Cap Rate 7%
$97,700
Cap Rate 9%
$75,989

Alternative Uses

Best Use
Multifamily LT 5
$108.0K
$94.5K – $126.0K (±1% cap)
NOI $7,560 @ 7.0% cap · market cap 759.80%
Second Best
Apartment 5plus
$97.7K
$85.5K – $114.0K (±1% cap)
NOI $6,839 @ 7.0% cap · market cap 687.34%
Theoretical Best
Office A
$276.0K
$241.5K – $322.0K (±1% cap)
NOI $19,317 @ 7.0% cap · market cap 1,941.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

342
Businesses Nearby

Demographics for 28532, NC

20,340
Population
8,677
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
93%
High-School Grad
165.4 sq mi
ZIP Area
123
Density / Sq Mi
$65,772
Median Household Income
$38,839
Median Earnings
$1,270
Median Rent
$193,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Features a dishwasher, laundry connections, and included lawn care and pest control.
Where is this duplex located?
The property is located at 133 Twin Wood Drive Havelock, NC.
What are key features of this property?
This property features: 2‑bedroom, 1‑bath duplex; Fireplace, dishwasher, and washer/dryer connections; Lawn care and pest control included
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