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Macon 28734
107 Beulahland Way
$360,000
● House - Off Market

107 Beulahland Way

Franklin, NC 28734
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,556 Ft²
$1,793
Est. Monthly

About This Property

Enjoy fantastic views and outdoor living with three decks, covered front porch and side porch. Architect designed and built this home for his residence with large rooms, vaulted ceiling in living room, plenty of storage, and a skylight for plenty of light. Large workshop wired with electric and attached to home. Two Mitsubishi mini-split units keep home cool in Summer and cozy in Winter. Wood burning fireplace adds to the ambiance of this wonderful mountain home.
Unit Size
1,556 Ft²
Days on Market
-
Land Size
2.07 acres
Price per sqft
$235
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992

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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: 2 years ago (CANOPYMLS #CAR4182485)

Price History

Date / Event Date Event Price
Nov 25, 2024 Sold
Premium
Sold
Sep 22, 2024 In contract -
In contract
Sep 11, 2024 Listed by EXP Realty LLC $365,000
Listed by EXP Realty LLC
Aug 6, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 90,169
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,676
  • Building Area: 1,676
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,676
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEULAH LAND
  • Land Acres: 0000002070
  • Standard Land Use Code: 1001
  • County Land Use Code: D
  • Legal Description 1: BEULAH LANDS

Neighborhood

  • School District Name: Macon County Schools
  • School Tax School District: F08 COWEE
  • Census Tract: 970302

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: MAP 6578
  • Account Number: 131056
  • District: 11
  • Parcel: 6578822292
  • Municipality: COWEE
  • Latitude: 35.2689
  • Longitude: -83.4293

    Address

  • Full Address: 107 Beulahland Way
  • Address - House Number: 107
  • Address - Street Name: Beulahland
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Franklin
  • Zip Code: 28734

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $96,752

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 71
  • Final Value: 268,804
  • High Value: 307,444
  • Low Value: 230,163

    Market Valuation

  • Market Total Value: $246,990
  • Market Land Value: $38,150
  • Market Improvement Value: $208,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,990
  • Assessed Land Value: $38,150
  • Assessed Improvements Value: $208,840

    Sales

  • Current Sale Contract Date: Jun 07, 2013
  • Current Sale Recording Date: Aug 06, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013005692
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Macon

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$269

Below Asking

0.04%

Average Days on Market

99

Average Home Size

1880 ft²

Average Home Age

25.2 years

Currently For Sale

54 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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CANOPYMLS

Listed by: Brian Goldberg, EXP Realty LLC
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4182485
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.

Frequently Asked Questions

When was property at 107 Beulahland Way built and last sold?
The property at 107 Beulahland Way was built in 1992 and last sold on Jun 7, 2013 for $147,000.
How much is this home worth?
The estimated value of the home located at 107 Beulahland Way is $0.
What are some comparable homes to 107 Beulahland Way?
There are currently no comparable homes to 107 Beulahland Way.
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