$173,000
↓ $20K (10.4%)
●
House -
For Sale
103 Silver Creek Road
Morganton, NC 28655
2 Beds
1 Bath
965 Ft²
$850
Est. Monthly
About This Property
PRICE REDUCED BY $20K!!! Enjoy the convenience of in-town living in
this charming home nestled in an established neighborhood just
minutes from parks, restaurants, shopping, and everyday amenities.
This inviting home features 2 bedrooms, 1 full bath, a cozy living
room with a fireplace, a vintage-inspired kitchen, and a bright
dining area. A shared driveway leads to a private parking area
behind the home near the basement entrance. The cellar-style
basement offers additional storage space, while the private fenced
backyard provides room to relax, garden, or entertain. Whether
you're a first-time homebuyer, looking to downsize, or searching
for a great investment opportunity, this property offers plenty of
potential in a desirable location. Schedule your showing today!
Unit Size
965 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$179
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (CANOPYMLS #CAR4402583)
Price History
Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: Shared Driveway, Parking Space(s)
Interior Details
Full Bathrooms: 1
Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Flooring Type: Hardwood, Tile
Laundry Features: Laundry Closet
Has Fireplace
Fireplace Features: Living Room
Basement: Exterior Entry, Unfinished
Exterior Details
Square Footage: 965
Security Features: Smoke Detector(s)
Year Built: 1950
Waterfront Features: None
Levels: One
Other Structures: None
Construction Materials: Vinyl Siding, Brick Partial
Patio and Porch Features: Deck, Enclosed, Front Porch
Lot Features: Hilly
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5227.2
Water Source: Public
Financial Details
Tax Assessed Value: $142,981
Utilities Details
Cooling Type: Ceiling Fan(s), Wall Unit(s)
Heating Type: Central
Sewer : Other - See Remarks
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Morganton
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Listed by: Erika Smith, Coldwell Banker Realty
Last Updated: 2 months ago
Data Source: CANOPYMLS, MLS# CAR4402583
Last Updated: 2 months ago
Data Source: CANOPYMLS, MLS# CAR4402583
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
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.
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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