00 Little Fork Trail
About This Property
This beautiful mountain property features privacy, a small spring branch and long-range mountain views and abundant wildlife. There are several building sites on this wooded 16+ acres of mountain land. As you travel on Shootout Mountain development road, Little Fork Trail turns to the right and provides access to the two lots. This is the perfect place for the buyer seeking peace, quiet and fresh air. This property is a 25-minute drive from Burnsville and approximately a 15-minute drive to Bakersville. Beautiful Roan Mountain at an elevation of 6285 feet, is minutes away with the Appalachian Trail running through it.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | Listed by Fonta Flora Realty | $50,000 | |
| Listed by Fonta Flora Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017