108 Scott Street
About This Property
The main home features 3 bedrooms and 2 full baths, highlighted by a stunning primary suite with a tiled shower and double vanities. The spacious kitchen flows seamlessly into a large dining area, creating the perfect setting for both everyday living and entertaining. Two additional bedrooms, a full bath, and a generously sized laundry room add comfort and functionality.
The covered front patio with mountain views is the perfect place to enjoy your morning coffee or unwind with an afternoon tea. Out back, the fenced yard provides a safe and secure space for pets or play.
Adding exceptional value, the property also includes a separate second living quarters complete with 1 bedroom, 1 bath, living room, kitchen and washing machine and dryer-ideal for multi-generational living, hosting guests, or generating rental income.
Conveniently located just 8 miles from Lake James State Park and only 5 miles to Downtown Morganton, this home offers the perfect balance-close to everything, yet far enough away to enjoy the peace and quiet of country living with city conveniences. Don't let this one get away!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 20, 2026 | In contract | - | |
| In contract | |||
| Apr 13, 2026 | Listed by EXP Realty LLC | $339,900 | |
| Listed by EXP Realty LLC | |||
| Nov 1, 2025 | No longer available | - | |
| No longer available | |||
| Oct 2, 2025 | Price Decreased |
$365,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017