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    Property profile & analytics

    417 Masontown Rd Newport, NC 28570

    • Commercial real estate
    • 5.28 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-2740637
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Four Seasons Tiny Homes / General Contractor

    Property Details for 417 Masontown Rd

    Lot size
    5.28 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 5.28-acre property in Newport, North Carolina, presents a lucrative investment opportunity as a thriving mobile home park. Currently housing eleven income-producing units – ten mobile homes and one stick-built house – this park generates substantial monthly revenue. Each mobile home lot commands a $400 monthly rent, while the stick-built home, featuring a long-term tenant, yields $1,000 per month. The stick-built home received a new roof in 2022. The park is zoned for ten lots, but the ample acreage offers significant potential for expansion and increased profitability. Located in a peaceful, private setting, yet conveniently close to downtown Newport, this park enjoys a desirable location. Seller financing is available, making this an even more attractive proposition for discerning investors seeking a strong return on investment in a stable market. The property is situated at 417 Masontown Rd, Newport, NC 28570, in Carteret County. This turnkey operation offers immediate income and the exciting prospect of future growth.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.8824439
    Latitude
    34.8041388

    Comparable in this City

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      Alluring waterfront lot with community amenities in Newport, North Carolina.
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    Similar Nearby for Sale

    • $2,750,000
      19.36 Acres

      Highway 24 Land Opportunity

      19+ acres on Highway 24, suitable for development/investment.
      1559 Nc-24, Newport, NC 28570
      View Details
    • $125,000
      0.16 Acres

      Residential Lot in Gated Community

      Residential lot in gated community with many amenities.
      781 Cannonsgate Dr, Newport, NC 28570
      View Details
    • New
      $70,000
      0.49 Acres

      Residential Land in Newport, NC

      Cleared, surveyed lot with septic permit near Crystal Coast beaches.
      Joans Hvn Dr, Newport, NC 28570
      View Details
    • $99,900
      0.18 Acres

      Marsh Lot Ready for Home

      Residential land in Cannonsgate community with amenities and water access.
      106 Marshland Cir, Newport, NC 28570
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    • $259,000
      1.51 Acres

      Waterfront Lot with Boat Slip

      Waterfront lot in Cottage Pointe with deeded boat slip.
      111 Ky Ln W, Newport, NC 28570
      View Details
    • $529,000
      0.26 Acres

      Waterfront Lot in Gated Community

      Alluring waterfront lot with community amenities in Newport, North Carolina.
      123 Hollings Ct, Newport, NC 28570
      View Details
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    417 Masontown Rd
    Newport, NC 28570
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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