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Property profile & analytics
OFF-MARKET
Estimated value
$1,585,000
Residential income homes
4 Lk Park N Blvd, Carolina Beach, NC 28428-4925
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-5752053
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1938
Total area
3,744 SF
Lot
0.09 ac (3,833 SF)
Zoning code
CBD,CENTRAL BUS DIST
APN
R09006-020-002-000
UPID
US53-5752053
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Wanda Inn Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.59M
Owner & transaction history
4 Lake Park Blvd North LLC · 2 yrs held
4 Lake Park Blvd North LLC
since 2024
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
CBD,CENTRAL BUS DIST · Carolina Beach, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carolina Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carolina Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,770,000
ML approach
$1,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.59M
Range $1.43M – $1.74M · ±10% · vs last sale $1.48M (Jun 2 2022)
Last sale anchor
$1.48M
Jun 2 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$423 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,174
Tax year 2023
Assessed value
$477,300
Assessed 2023
Previous assessed
$477,300
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$233,700
Assessed improvement
$243,600
Land market value
$233,700
Improvement market value
$243,600
Total market value
$477,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1938
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
3,744 SF
Lot
0.09 ac (3,833 SF)
Zoning code
CBD,CENTRAL BUS DIST
APN
R09006-020-002-000
UPID
US53-5752053
Jurisdiction
NEW HANOVER
Zoning & alternative use
CBD,CENTRAL BUS DIST · Carolina Beach, NC
Zoning CBD,CENTRAL BUS DIST · permitted uses
CBD,CENTRAL BUS DIST · Carolina Beach, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carolina Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1938
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
4 Lake Park Blvd North LLC
Entity
Free & Clear · 2 yrs held
Mailing address
7412 FISHERMAN CRK DR STE #200, WILMINGTON, NC 28405-4785
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2024
—
4 Lake Park Blvd North LLC
K & M Coastal Properties LLC
Quit Claim Deed
related
—
Jun 2, 2022
$1,475,000
K & M Coastal Properties LLC
Hover Hall Hossfield & Greenberg In
Warranty Deed
—
Jul 18, 2005
$10,000
Hall Hossfeld Hover
Lecompte,george & Debra
Grant Deed
—
May 20, 2005
$160,000
George Lecompte
Hover Hall Hossfeld & Greenber
Warranty Deed
$144,000 · Fnb Southeast
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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