$330,000
●
House -
Off Market
10514 Hwy 294
Murphy, NC 28906
4 Beds
2 Baths
4,032 Ft²
$2,034
Est. Monthly
7.84%
Cap Rate
About This Property
Murphy NC - 3.2+/- Acres - Wooded Home Site with Large Spring Fed
Pond - 4Bedroom 2 full baths +2 Half Baths - Large Ranch Style Home
(28x72) with Full Finished Basement - Furnishings Negotiable -
Double Attached Carport - Easy Access to Downtown Murphy NC &
Tennessee & Georgia Line. Home is in Excellent Condition & Well
Cared For w/ only 1 Private Owner, Main Floor Living has 4 Bedrooms
/ Kitchen - Dining Area / Large Living Room w/ Gas Log Fireplace /
1 Full Bath & 1/2 Bath. The Full Basement has a Large Open Great
Room w/Wood Burning Fireplace and Large Rooms on each end of Great
Room with #2 half baths. & Laundry Room, The Basement was a
commercial business Linda's Closet ( Clothing Store with Dressing
Rooms). Would make an Awesome Home for a Large Family or Someone
wanting a Commercial Business.
Unit Size
4,032 Ft²
Days on Market
176 days
Land Size
3.20 acres
Price per sqft
$94
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
-
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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: 9 months ago (GAMLS #10220363)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2023 | Listed by EXIT Realty Mountain View Properties | $379,900 | |
| Listed by EXIT Realty Mountain View Properties | |||
| Oct 17, 2023 | No longer available | - | |
| No longer available | |||
| May 9, 2023 | Listed by Exit Realty Mountain View Properties | $379,900 | |
| Listed by Exit Realty Mountain View Properties | |||
| | |||
|
Murphy NC - 3.2+/- Acres - Wooded Home Site with Large Spring Fed Pond - 4Bedroom 1+3 Half Baths - Large Ranch Style Home (28x72) with Full Finished Basement - Furnishings Negotiable - Double Attached Carport - Easy Access to Downtown Murphy NC & Tennessee & Georgia Line. Home is in Excellent Condition & Well Cared For w/ only 1 Private Owner, Main Floor Living has 4 Bedrooms / Kitchen - Dining Area / Large Living Room w/ Gas Log Fireplace / 1 Full Bath & 1/2 Bath. The Full Basement has a Large Open Great Room w/Wood Burning Fireplace and Large Rooms on each end of Great Room with #2 half baths. & Laundry Room, The Basement was a commercial business Linda's Closet ( Clothing Store with Dressing Rooms). Would make an Awesome Home for a Large Family or Someone wanting a Commercial Business.
| |||
| May 2, 2023 | No longer available | - | |
| No longer available | |||
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About Cherokee
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Cornelius Vetten, EXIT Realty Mountain View Properties
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10220363
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10220363
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Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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