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Street view of 1202 Canal Dr, Carolina Beach, NC 28428

1202 Canal Dr, Carolina Beach, NC 28428

Estimated Market Value

$0
Range: $548,911 - $742,645
Zillow Zestimate®: $566,400
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Valuation Comparison

Our Estimate
$645,778
Range: $548,911 - $742,645
Zillow Zestimate®View on Zillow
$566,400
Range: $504,096 - $640,032
30-Day Trend
-$18,632(3.2%)

Zestimate® is a registered trademark of Zillow, Inc. Valuation models differ based on data availability, proprietary algorithms, and recent market shifts.

3Beds
2Baths
1,156SqFt
1940Built

Financial Projections

Estimated Net Proceeds

Estimated Cash in Hand:$571,514

These projections assume a 5.5% total sales commission, approximately 6% in closing costs and concessions, and mortgage payoff estimated from public purchase records (30-year fixed, 20% down payment, 5% assumed interest rate). Actual proceeds will vary based on negotiated terms, local costs, and current mortgage balance. This is not an appraisal or guaranteed estimate of net proceeds.

Equity Breakdown

Cost to Build Today$260,100
Investor Quick-Sale Est.$395,216
Monthly Rental Est.$3,229/mo

Market Pulse

Market Temp
⚖️ Moderate

A balanced market with relatively equal supply and demand — neither strongly favoring buyers nor sellers.

Market Trend Projections

1 Year Forecast$668,380Range: $657K - $668K
3 Year Forecast$715,986Range: $680K - $716K
5 Year Forecast$766,982Range: $704K - $767K

Estimated Monthly Equity Gain
+$1,884/mo

Based on moderate market appreciation projections, this property's estimated equity may increase by approximately this amount each month. Actual appreciation varies and is not guaranteed.

⚖️Market Outlook & Sell Window

Stable market — no urgency, but conditions are fair

* These projections are hypothetical illustrations based on historical trends and local market data. Conservative: 1.8%, Moderate: 3.5%, Aggressive: 3.5%. Actual results will vary. Past performance does not guarantee future results. This platform is not acting as an appraiser or investment adviser. Projection date: August 2026.

⚖️ This analysis is for informational purposes only and does not constitute an appraisal, tax advice, legal advice, or investment advice. The platform and its operators are not acting as appraisers, accountants, attorneys, investment advisers, or tax advisers. Valuations shown are estimates based on publicly available data and automated models — they are not formal appraisals. Financial projections are illustrative and not guaranteed. Always consult with qualified professionals before making any real estate, financial, or tax decisions.
Buddy Blake

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Buddy Blake

Buddy Blake Real Estate

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