$259,900
↓ $40K (13.3%)
●
House -
For Sale
114 Harris Drive
Morganton, NC 28655
2 Beds
1 Bath
1,368 Ft²
$1,277
Est. Monthly
About This Property
VERY RARE OPPORTUNITY TO OWN A HOME IN TOWN WITH THIS MUCH ACREAGE!
This property has received a multitude of upgrades over the past 12
years, including a new roof, replacement windows, central air,
cabinets, granite countertops, and more! This full-brick home
features a covered side porch overlooking the spacious backyard.
Inside, you'll love the updated kitchen, large living room, real
hardwood floors, and generously sized bedrooms. The unfinished full
basement offers ceiling heights that allow for future finished
living space, along with a garage door and plenty of storage. The
two lots included with the home provide an excellent opportunity
for future expansion or additional building. On the side of the
home, you'll also find a convenient carport.
Unit Size
1,368 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$190
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
Listed By
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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: 6 days ago (CANOPYMLS #CAR4402100)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$259,900
↓ $40K
(13.3%) | |
| Price Decreased | |||
| Sep 13, 2026 | Relisted | $299,900 | |
| Relisted | |||
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Jul 28, 2026 | Price Decreased |
$299,900
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Jul 18, 2026 | Listed by WNC Real Estate at Lake James | $314,999 | |
| Listed by WNC Real Estate at Lake James | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Carport
Parking Features: Attached Carport, Driveway
Interior Details
Full Bathrooms: 1
Interior Features: Built-in Features, Kitchen Island, See Remarks
Appliances: Dishwasher, Electric Range, Exhaust Fan, Microwave, Refrigerator, Washer/Dryer
Flooring Type: Linoleum, Wood
Laundry Features: In Basement
Has Fireplace
Fireplace Features: Living Room, Bonus Room
Basement: Full, Interior Entry, Unfinished
Exterior Details
Square Footage: 1368
Security Features: Smoke Detector(s)
Year Built: 1954
Levels: One
Other Structures: Shed(s)
Window Features: Window Treatments
Construction Materials: Brick
Patio and Porch Features: Covered, Porch
Lot Features: Sloped
Lot Size Area: 0.82
Lot Size Units: Acres
Lot Size Acres: 0.82
Lot Size Square Feet: 35719.2
Water Source: Public
Financial Details
Tax Assessed Value: $162,014
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump, Oil
Sewer : Septic Installed
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
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Beds
Baths
ft²
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HOA + Taxes
About Morganton
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Listed by: Christie Leonard, WNC Real Estate at Lake James
Last Updated: 6 days ago
Data Source: CANOPYMLS, MLS# CAR4402100
Last Updated: 6 days ago
Data Source: CANOPYMLS, MLS# CAR4402100
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.
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.
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