Duplex Property with Manufactured
For Sale
$698,500
300 Taylor Rd, Stanley, NC 28164
Two brick duplexes and a three-bedroom manufactured home create a five-door residential configuration.
Property Size4,748 SF
Price / SF$147.11
Days on Market43
Property Features for 300 Taylor Rd
General Information
Standard status
Active
Size
4,748 SF
Property subtype
Multi-Family
Units
Unit Mix
4 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
5
Building Details
Year Built
1987
Buildings
3
Listing Agency:
Results Realty
(704) 307-6226
Listed By:
Gypsi Helderman · License #206882
Source:
Thejaywhiteteam
Added: Jul 19
Changed: Aug 29
Last Checked: Aug 25 at 5:41AM
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 Results Realty
Investment Insights
Based on property information with market context.
This residential property in Stanley, North Carolina, includes two full-brick duplex buildings and one manufactured home. The duplexes are configured with two bedrooms and one bathroom per unit, while the manufactured home provides three bedrooms and two bathrooms. Together, the improvements contain five doors and 4,748 square feet of property size. Built in 1987, the asset combines duplex construction with a manufactured-home component at 300 Taylor Rd.
Key Highlights
- Five total doors across two duplexes and one manufactured home
- Two full‑brick duplex buildings
- Each duplex unit has 2 beds/1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,051
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,101,020
$1.1M
Cap Rate 7%
$786,443
$786.4K
Cap Rate 9%
$611,678
$611.7K
Market Conditions
NOI Build-Up for 4,748 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$85.5K $18.00/SF
− Vacancy
−$6.8K −$1.44/SF
EGI
$78.6K $16.56/SF
− OpEx
−$23.6K −$4.97/SF
NOI
$55.1K $11.59/SF
Area
Gaston County, NC
Vacancy
7.98%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,101,020
Cap Rate 7%
$786,443
Cap Rate 9%
$611,678
Alternative Uses
Best Use
Multifamily LT 5
$786.4K
$688.1K – $917.5K
NOI $55,051 @ 7.0% cap · market cap 7.88%
Second Best
Apartment 5plus
$717.6K
$627.9K – $837.2K
NOI $50,233 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$1.49M
$1.31M – $1.74M
NOI $104,608 @ 7.0% cap · market cap 14.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
Demographics for 28164, NC
14,903
Population
6,387
Households
2.3
Avg Household Size
45
Median Age
24%
College-Educated
91%
High-School Grad
41.0 sq mi
ZIP Area
363
Density / Sq Mi
$82,661
Median Household Income
$51,238
Median Earnings
$1,161
Median Rent
$268,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two brick duplexes and a three-bedroom manufactured home create a five-door residential configuration.
Where is this duplex located?
The property is located at 300 Taylor Rd Stanley, NC.
What is the asking price?
The asking price for this property is $698,500.
What are key features of this property?
This property features: Five total doors across two duplexes and one manufactured home; Two full‑brick duplex buildings; Each duplex unit has 2 beds/1 bath
