$260,000
●
House -
Off Market
106 Rani Forest Trail #18
Murphy, NC 28906
2 Beds
1 Bath
760 Ft²
$268,996
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Murphy NC - End Of Road Privacy - Fiber Optic Internet - Carport
for Parking w/ Storage Shed or Workshop - 2Bed/1Bath home has Metal
Roof, Log Sided, Full Covered Front Porch, All Wood Interior,
Granite Counter Tops, Open Great Room with Stack Stone Gas Log
Fireplace, Excellent Condition, Large Wooded Yard perfect for your
pets. Beyond the cabin's charm lies a world of adventure. Just a
stone's throw away from Downtown Murphy, NC, Blue Ridge, GA, &
Tennessee, you'll have easy access to a plethora of dining,
shopping, & entertainment options. For outdoor enthusiasts, the
area offers an array of opportunities. Revel in fishing & boating
with access to 5 large TVA lakes or venture into Cherokee County,
NC, where you will find 92,000 +/- acres of USFS.
Unit Size
760 Ft²
Days on Market
70 days
Land Size
0.52 acres
Price per sqft
$355
Property Type
House
Property Taxes
$74
HOA Dues
$28
Year Built
2019
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Cap Rate Calculator
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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: 9 months ago (GAMLS #10191421)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2023 | Listed by EXIT Realty Mountain View Properties | $270,000 | |
| Listed by EXIT Realty Mountain View Properties | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Carport
Parking Features: Carport, Detached
Interior Details
Full Bathrooms: 1
Interior Features: Master On Main Level
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Flooring Type: Laminate
Laundry Features: Laundry Closet
Has Fireplace
Fireplace Features: Gas Log, Living Room
Fireplaces: 1
Basement: None
Exterior Details
Square Footage: 760
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Resale
Architectural Style: Country/Rustic
Year Built: 2019
Levels: One
Window Features: Double Pane Windows
Construction Materials: Wood Siding
Patio and Porch Features: Porch
Lot Features: Level, Private
Lot Size Area: 22651.2
Lot Size Units: Square Feet
Lot Size Acres: 0.52
Lot Size Square Feet: 22651.2
Water Source: Shared Well
Financial Details
Tax Annual Amount: $888
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric, Heat Pump, Other, Zoned
Heating Type: Electric, Heat Pump, Other
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Water, Private Roads
HOA Fee: $340
HOA Fee Frequency: Annually
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/21/2023
| |
2 Bed
|
1 Bath
|
-
|
$290,787
2 Bed
1 Bath
|
-
-
|
Beverly Koon
EXIT Realty Mountain View Properties
|
|
07/20/2023
|
2 Bed
|
1 Bath
|
760 ft²
|
$270,000
2 Bed
1 Bath
760 ft²
|
$260,000
-3.70%
10/20/2023
|
Kathlene Vetten
Exit Realty Mountain View Properties
|
Building Info
About Cherokee
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kathlene Vetten, EXIT Realty Mountain View Properties
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10191421
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10191421
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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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