New Construction
For Sale
$359,320
815 Feldspar Manor, Graniteville, SC 29829
Residential, Graniteville, SC
Property Size2,352 SF
Lot Size0.17 Acres
Price / SF$152.77
Days on Market298
Property Features for 815 Feldspar Manor
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 2
Parking features
Open, Driveway
Security features
Security System
Window features
Window Coverings, Insulated Windows
Patio and Porch features
Patio, Porch
Interior features
Walk-In Closet(s), Cable Available, Ceiling Fan(s), Kitchen Island, Eat-in Kitchen, Pantry
Appliances
Microwave, Range, Tankless Water Heater, Refrigerator, Dishwasher, Disposal
Subdivision
Byrd Village
Lot features
Landscaped, Landscaped
Directions
GPS use 260 Ascauga Lake Road GRANITEVILLE, SC 29829 Traveling I-20 East, exit #11/Bettis Academy Rd. Merge right and travel 2 miles. Turn left onto State Hwy 33/Ascauga Lake Road. Byrd Village is approx. 1 mile on the left, just across from Christian Heritage Church.
Standard status
Active
APN
0491608003
Size
2,352 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
Byrd Village Lots 3 & 4 Block D Section 1
HOA Fee
$190 Monthly
Legal Description
Byrd Village Lots 3 & 4 Block D Section 1
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
HOA-covered lawn care
Building Details
Year built
2023
Floors in Building
1
Flooring type
Laminate, Vinyl, Carpet
Building materials
Brick Veneer, HardiPlank Type
Roof type
Composition, Shingle
Architectural style
Ranch
Listing Agency:
DR Horton Realty of Georgia, I
(678) 509-0555
Listed By:
Dawn McElmurray · License #118523
(803) 270-3558
Added: Nov 25, 2025
Changed: Sep 17
Last Checked: Sep 19 at 7:06PM
MLS# 220662
Copyright © 2026 Aiken 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 duplex-style property is under construction with 2,352 square feet arranged as two separate living areas. One residence includes 3 bedrooms and 2 bathrooms, while the second offers 2 bedrooms and 2 bathrooms. Each side has a full kitchen, and separate electrical and plumbing systems support the dual-space configuration. An interior connecting door links the residences, and the design accommodates potential future separation, subject to buyer verification.
The ranch-style home sits on a 0.17-acre lot at 815 Feldspar Manor in Graniteville, South Carolina. Interior details include open living areas, walk-in closets, kitchen islands, eat-in kitchens, pantries, laminate, vinyl, and carpet flooring. Additional features include central air, natural gas heating, public water and sewer, a tankless water heater, driveway parking, a patio, and a porch. HOA-covered lawn care is also provided.
The ranch-style home sits on a 0.17-acre lot at 815 Feldspar Manor in Graniteville, South Carolina. Interior details include open living areas, walk-in closets, kitchen islands, eat-in kitchens, pantries, laminate, vinyl, and carpet flooring. Additional features include central air, natural gas heating, public water and sewer, a tankless water heater, driveway parking, a patio, and a porch. HOA-covered lawn care is also provided.
Key Highlights
- 2,352‑square‑foot duplex‑style property on a 0.17‑acre lot
- 3‑bedroom, 2‑bath residence paired with a 2‑bedroom, 2‑bath residence
- Two full kitchens with separate electrical and plumbing systems
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
$21,362
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
5.95%
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%
$427,240
$427.2K
Cap Rate 7%
$305,171
$305.2K
Cap Rate 9%
$237,356
$237.4K
Market Conditions
NOI Build-Up for 2,352 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
$32.5K $13.80/SF
− Vacancy
−$1.9K −$0.83/SF
EGI
$30.5K $12.97/SF
− OpEx
−$9.2K −$3.89/SF
NOI
$21.4K $9.08/SF
Area
Aiken County, SC
Vacancy
5.98%
Lease Rate
$13.80 /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%
$427,240
Cap Rate 7%
$305,171
Cap Rate 9%
$237,356
Alternative Uses
Best Use
Multifamily LT 5
$305.2K
$267.0K – $356.0K
NOI $21,362 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$266.0K
$232.7K – $310.3K
NOI $18,618 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$453.4K
$396.7K – $528.9K
NOI $31,735 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
Demographics for 29829, SC
12,567
Population
4,849
Households
2.6
Avg Household Size
35
Median Age
32%
College-Educated
87%
High-School Grad
34.9 sq mi
ZIP Area
360
Density / Sq Mi
$76,025
Median Household Income
$40,799
Median Earnings
$1,073
Median Rent
$225,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two distinct residences share a ranch-style layout with separate electrical and plumbing systems and full kitchens.
Where is this duplex located?
The property is located at 815 Feldspar Manor Graniteville, SC.
What is the asking price?
The asking price for this property is $359,320.
What are key features of this property?
This property features: 2,352‑square‑foot duplex‑style property on a 0.17‑acre lot; 3‑bedroom, 2‑bath residence paired with a 2‑bedroom, 2‑bath residence; Two full kitchens with separate electrical and plumbing systems
