0 Flagstaff Drive
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 13, 2026 | Price Decreased |
$77,900
↓ $2K
(2.5%) | |
| Price Decreased | |||
| Apr 14, 2026 | Listed by Top Brokerage LLC | $79,900 | |
| Listed by Top Brokerage LLC | |||
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | Listed by Apple Realty, LLC | $59,900 | |
| Listed by Apple Realty, LLC | |||
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Discover the lovely, cool Balsam area in Jackson County, located at an elevation of approximately 3300 feet. Experience the best of both Waynesville and Sylva, with opportunities for fishing, hiking, tubing, kayaking, rafting, and boating in the nearby lakes, rivers, and streams. Nestled in the Great Smoky Mountains, surrounded by nature, this area is truly exceptional. This land comprises two parcels totaling 2.33 acres of wooded land, includes PIN #7683-21-1594, Tract 11 and 12. It's not within a subdivision and is subject to very light restrictions. The seller has mentioned the presence of a spring on the property and there is a road maintenance agreement in place. Come and see for yourself - you won't want to leave!
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Last Updated: 6 months ago
Data Source: CANOPYMLS, MLS# CAR4369656
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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