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Outer Banks Real Estate :: Kill Devil Hills Real Estate - MLS: 51208

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Residential: House

Listed for: $869,320

107 Landing Drive E
Kill Devil Hills, NC 27948

Subdivision: Landing, The

Bedrooms: 5

Bathrooms: 5 full / 1 partial

Features: Asphalt/Fiber Shingle, At Closing, Piling, Paved, Public, Carpet, Ceramic Tile, Hardwood, Marble, Tile, 2nd Dishwasher, 2nd Ice Machine, 2nd Microwave, 2nd Refrigerator, Countertop Range, Dishwasher, Disposal, Ice Machine, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Stackable Washer/Dryer, Wall Oven, Heat Pump, Heat Pump, Municipal, Community Septic, Available, Ceiling, Floor, Wall, Yes, Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Master Bath, Pantry, Washer Connection, Wet Bar, Ceiling Fan(s), Covered Decks, Fenced Yard, Heated Pool, Hot Tub, Intercom, Jet Tub, Landscaped, Lawn Sprinklers, Outdoor Pool, Outside Shower, Sauna, Security System, Smoke Detector(s), Whirlpool/Spa, Game Room, Library/Study, Pantry, Coastal, Reverse Floor Plan, Frame, Wood, Lap Siding, Shakes, Concrete, None, 1031 Tax Deferred Exch.,

Description: Just reduced over $130K. Hard costs to build this home are in excess of 1.1 M, including land. ANNUAL RENTAL INCOME TO DATE is $72,569.20 .(08/25/2008) Projected Rental Income for 2008 is $76,180 (reflects 7% increase above 2007 rates) with GRI at 9.53%. Appraisal on file for $1M (7/06). Located between the highways, this Lavish Home Boasts Custom Designer Furnishings, Hand Painted Murals, Original Oil Paintings, Custom Iron Balustrades, Bamboo and Ornate Italian Marble Flooring and Countertops

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