1109 Stoney Mountain Road
About This Property
Nestled in the peaceful countryside of Person County, this 3-bedroom, 2-bathroom home is brimming with potential and ready for your personal touch. Situated on 5.53 picturesque acres with low county taxes, this property offers the perfect blend of serenity and space for outdoor enthusiasts or those seeking a private homestead.
The home features a spacious family room ideal for gatherings, complete with two cozy fireplaces to create a warm and inviting atmosphere for entertaining. A screened porch overlooking the pond provides a tranquil spot to enjoy your morning coffee or unwind in the evenings while taking in the natural beauty of the property.
While the home could use some TLC and updating, it boasts solid bones and offers an excellent opportunity for the right buyer to transform it into their dream retreat. Whether you're drawn to the peaceful surroundings or envision creating a self-sustaining homestead, this property has everything you need to make it your own.
Don't miss this rare opportunity to enjoy country living at its finest!
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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 |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Dec 6, 2024 | Listed by Dickerson Brady Realty, Inc. | $249,900 | |
| Listed by Dickerson Brady Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017