Two-Unit Coastal
New
For Sale
$699,000
46084 A&B Cape Hatteras Lane, Buxton, NC 27920
RESIDENTIAL, Coastal, Buxton, NC
Property Size3,498 SF
Lot Size0.08 Acres
Price / SF$199.83
Days on Market3
Property Features for 46084 A&B Cape Hatteras Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 3, Bathroom 5, Bathroom 6, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 6, Laundry Room, Bedroom 4, Bathroom 4, Utility Room, Bedroom 5, Bedroom 2
Interior features
All Window Treatments, Bay/Bow Window, Dryer Connection, Ensuite, Pantry, Walk in Closet, Washer Connection
Appliances
Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
Subdivision
Cottages at the Cape
Lot features
Adj. To Common Area, Cul-de-sac, Level
View
Park, Ocean
Directions
Old Lighthouse Road to the renovated Coast Guard Housing at Cottages at the Cape. Located on Cape Hatteras Lane, the 8th residential building on the right.
Standard status
Active
Size
3,498 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3342
HOA Fee
$4,380 Annually
Utilities
Heating system
Central, Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air, Heat Pump
Amenities
private screened porches
ground-level dry entry
storage rooms
outdoor showers
Building Details
Year built
1997
Number of units
2
Flooring type
Carpet, Vinyl
Building materials
Frame
Roof type
Shingle
Architectural style
Other
Listing Agency:
NC 12 Realty
(252) 995-6212
Listed By:
Elaine Whitaker
(252) 475-0642
Added: Oct 8
Last Checked: Oct 10 at 4:06AM
MLS# 134314
Copyright © 2026 Outer Banks Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-unit duplex contains 3,498 square feet and a combined six bedrooms. Interior finishes include quartz countertops and LVP flooring, while each residence has a screened porch. Ground-level dry entry, storage rooms, and outdoor showers add practical features to the property.
The porches look toward the Atlantic and Cape Hatteras Lighthouse. The property occupies 0.08 acres in Buxton, North Carolina.
The porches look toward the Atlantic and Cape Hatteras Lighthouse. The property occupies 0.08 acres in Buxton, North Carolina.
Key Highlights
- Two‑unit duplex with 3,498 square feet and six bedrooms combined
- Each residence has a screened porch with views of the Atlantic and Cape Hatteras Lighthouse
- Quartz countertops and LVP flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,641
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,820
$1.0M
Cap Rate 7%
$737,729
$737.7K
Cap Rate 9%
$573,789
$573.8K
Market Conditions
NOI Build-Up for 3,498 SF
Gross rent
$77.7K $22.20/SF
− Vacancy
−$3.9K −$1.11/SF
EGI
$73.8K $21.09/SF
− OpEx
−$22.1K −$6.33/SF
NOI
$51.6K $14.76/SF
Area
Dare County, NC
Vacancy
5.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,820
Cap Rate 7%
$737,729
Cap Rate 9%
$573,789
Alternative Uses
Best Use
Multifamily LT 5
$737.7K
$645.5K – $860.7K
NOI $51,641 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$683.5K
$598.1K – $797.4K
NOI $47,844 @ 7.0% cap · market cap 6.84%
Theoretical Best
Office A
$844.3K
$738.8K – $985.0K
NOI $59,102 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
Explore this area
Business Placement
Demographics for 27920, NC
1,181
Population
995
Households
1.2
Avg Household Size
52
Median Age
26%
College-Educated
95%
High-School Grad
7.8 sq mi
ZIP Area
151
Density / Sq Mi
$67,054
Median Household Income
$36,576
Median Earnings
$1,295
Median Rent
$385,400
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 - Quartz counters, screened porches, and views of the Atlantic and Cape Hatteras Lighthouse distinguish the paired residences.
Where is this duplex located?
The property is located at 46084 A&B Cape Hatteras Lane Buxton, NC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑unit duplex with 3,498 square feet and six bedrooms combined; Each residence has a screened porch with views of the Atlantic and Cape Hatteras Lighthouse; Quartz countertops and LVP flooring
