00 Stockton Road
About This Property
Nestled in a peaceful valley at the foothills of the Blue Ridge Mountains, this 2.51-acre unrestricted property offers scenic mountain views, creek frontage, and a tranquil natural setting surrounded by national forest lands. Located near Armstrong Creek RV Park, this property is ideal for recreation, camping, or a mountain getaway. Enjoy relaxing evenings by the creek, fishing, wildlife watching, or simply taking in the beauty of the surrounding mountains. With no known restrictions, you have the flexibility to use the property to suit your needs. Conveniently located just a short drive from Marion, Little Switzerland, and Spruce Pine, you'll have easy access to shopping, dining, outdoor recreation, and local attractions while still enjoying the privacy and serenity of mountain living. The property borders a creek and offers direct access to the peaceful sights and sounds of nature, making it an excellent escape from the hustle and bustle of everyday life. Whether you're looking for a recreational retreat, investment opportunity, or a place to create your own mountain sanctuary, this property offers exceptional potential.
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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 |
|---|---|---|---|
| Jun 18, 2026 | Listed by J. Peterson Realty & Associate | $75,000 | |
| Listed by J. Peterson Realty & Associate | |||
| May 21, 2025 | No longer available | - | |
| No longer available | |||
| May 20, 2024 | Listed by J. Peterson Realty & Associate | $150,000 | |
| Listed by J. Peterson Realty & Associate | |||
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2.51 acres of unrestricted land is nestled in the serene Valley at the foothills of the Blue Ridge Mountains, near the Armstrong Creek RV park. The property offers scenic views and a tranquil setting, surrounded by the national forest. Conveniently located near popular attractions, it's just a short drive away from the small towns of Marion, Little Switzerland, and Spruce Pine, providing easy access to shopping and dining. Enjoy your evening by the creek, fishing, or just relaxing. The property is in a flood zone, boarders Creek.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017