Price Reduced Listing
4615 Masonboro Loop Road,Wilmington, NC 28409
Wilmington, NC 28409
Description
Income-producing from day one: recently built 3BR/2BA home PLUS detached ADU on 0.34 acres in the Masonboro Loop corridor, with $7,500 seller credit toward rate buydown or closing costs with an acceptable offer. The numbers: the main residence is leased at $3,250/month through 12/30/2026 to an in-place tenant, and the detached accessory dwelling unit, with its own kitchen, full bath, bedroom area, and laundry connections, offers estimated additional rental income of ~$1,300/month. Combined projected gross income of approximately $54,600/year. County-only taxes (outside city limits), no HOA, and keep carrying costs low. Rent roll and lease available to qualified buyers. The lease term also creates flexibility: an investor steps into immediate cash flow, while a buyer planning to occupy can take possession of the main home at lease end this December - or live in the ADU now and let the main house cover the mortgage. House hackers: run the math on occupying one unit while the other pays you. The main home is a recently built single-story plan with an open living/dining area, granite countertops, stainless appliances, LVP flooring throughout, and a covered front porch. The ADU sits privately behind the main residence. Location drives the rents: less than a mile to the public boat ramp at Trails End Park, with quick access to the Intracoastal Waterway, Masonboro Island, and area beaches, and minutes to Monkey Junction and midtown shopping and dining. Masonboro Elementary / Myrtle Grove / Hoggard district. Investor package with rent roll, lease, and income detail available on request.
Details
| MLS # | 100590073 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2025 |
| Days On Site | 39 |
| Listing Provided By | Prosper Real Estate | Tyler N Broughton |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,205 |
| Story(s) | 1 |
| Zoning | R-15 |
| Acreage | 0.34 |
| Property View | See Remarks |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplace Yes / No | No |
| Rooms Total | 6 |
Exterior
| Roof | Shingle |
|---|---|
| Foundation Details | Raised, Slab |
| View | See Remarks |
| Construction Materials | Vinyl Siding, Wood Frame |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Off Street |
Utilities
| Utilities | Sewer Connected, Water Connected |
|---|
Taxes
| Tax Book Number | 7 |
|---|---|
| Tax Legal Description | LOT 3 CHANNEL HAVEN MASONBOR |
Area Information
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28409 |
| School District | New Hanover |
| Elementary School | Masonboro Elementary |
| High School | Hoggard |
| Listing VS Median (in 28409) | |
Price: $599,000 low | high Med: $564,950 sqft: 1,205 low | high Med: 2,781 $ / sqft: $497 low | high Med: $204 On site: 39 low | high Med: 135 | |
Market Activity 28409
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Learn More About This Property
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28409 |
| School District | New Hanover |
| Elementary School | Masonboro Elementary |
| High School | Hoggard |
| Listing VS Median (in 28409) | |
Price: $599,000 low | high Med: $564,950 sqft: 1,205 low | high Med: 2,781 $ / sqft: $497 low | high Med: $204 On site: 39 low | high Med: 135 | |
