4953,4975 Lake Palmetto Lane, North Charleston, SC 29418 MLS #25003531 Home Real Estate Charleston North Charleston 29418 4953,4975 Lake Palmetto Lane Share Ask Realtor Saving Save Saved 4953,4975 Lake Palmetto Lane | #25003531 Sold - $1,055,000 North Charleston, SC 29418 4953,4975 Lake Palmetto Lane | #25003531 Sold - $1,055,000 Share Ask Realtor Saving Save Saved MLS ID: 25003531 Sold - $1,055,000 About this property Bedrooms 6 sq2 4279 Lot Size 0.1200 acres Year Built 2005 DOM 308 Address Address: 4953,4975 Lake Palmetto Lane Subdivision: Lake Palmetto City: North Charleston Zip Code: 29418 County: Charleston State: SC Features and Amenities Cooling Central Air Laundry Features Washer Hookup Security Features Fire Sprinkler System, Security System Community Features Dock Facilities Interior Features Ceiling Fan(s) Other Asphalt, Central Show all features Description 2 active short term rentals sold fully furnished generating over 200,000 per year in income. All future bookings will transfer upon sale complete pass through investment at a high rate of return. Agents and buyers search through loopnet, crexi, mls, or any other real estate platform and try to find a pass through cap rate at 8.5%. The rentals have many five star reviews with streamlined management already in place. All three rentals are unique booking experiences since they are lake front (these units consistently rent higher than well known park circle rentals) and can accommodate a large family due to each townhome being over 2200 sq ft. Since the properties are fee simple and built after 2004 maintenance is minimal without worry of an overbearing HOA or large assessments. Schools 6-8 SPED PK-5 SPED 6-12 SPED 9-12 SPED Name Address Phone Type Grade Jerry Zucker Middle School of Science 6401 Dorchester Road 8437678383 Public 6-8 SPED Name Address Phone Type Grade Lambs Elementary 6800 Dorchester Road 8437675900 Public PK-5 SPED W. B. Goodwin Elementary 5501 Dorchester Road 8437675911 Public PK-5 SPED Name Address Phone Type Grade Palmetto Scholars Academy 7499 Dorchester Road 8433004118 Public 6-12 SPED Name Address Phone Type Grade R. B. Stall High 3625 Ashley Phosphate Road 8437642200 Public 9-12 SPED All Neighborhoods in North Charleston Active Listings Avg Days on Market Avg DoM Avg Price A Price Change history $1,695,000 $396/SqFt 11, Feb. 2025 $1,055,000 $247/SqFt 15, May. 2025 Mortgage Calculator Price: $ Down Payment: $ % Term(*in years): Interest Rate in %: % Interest Rate as of: Mon, Dec. 15, 2025 $1,055,000 Home Price $1,055,000 Monthly payment $1,055,000 Amount Financed $1,055,000 Annual cost of Loan Get Approved Map SEE THIS PROPERTY James Schiller Realtor, Brand Name Real Estate Email: jameseschiller@gmail.com Live Chat: Reviews Your Email: Your Name: Phone: Subject: I WANT TO VIEW THIS PROPERTY I'D LIKE TO MAKE AN OFFER WHAT ARE THE FEES? ASK A QUESTION Message: Send Similar Listings Previus Next ©2025 CTMLS, GGMLS, CCMLS & CMLS The information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS boards of the SC Realtors. Listing Provided by Tift Properties 4953,4975 Lake Palmetto Lane, North Charleston, SC, 29418 MLS: #25003531 $1,055,000 Share Contact Realtor Saving Save Saved