123 Castleton Lane
About This Property
The sellers have completed many recent improvements that enhance both style and value, including a new roof, fresh interior paint throughout, updated lighting fixtures and ceiling fans, a new stove, a new front storm door, and beautiful new LVP flooring in the living room and dining room. The hardwood floors in the bedrooms have also been professionally refinished, adding warmth, character, and a fresh updated feel to the home.
The spacious primary suite features a private ensuite bath, while two additional bedrooms and a full hall bath provide comfortable accommodations for family or guests. The finished basement significantly expands the living space and offers endless possibilities with a cozy family room featuring a fireplace, a flexible office, bonus room or hobby space, and a utility/laundry room with excellent workshop potential. Additional highlights include a spacious two-car garage, storage shed, energy-efficient tankless water heater, and a backup gas generator for added peace of mind.
Situated on a generous lot with plenty of room for gardening, play, or outdoor entertaining, this home is located within a highly sought-after school district and is exceptionally convenient to both West Henderson High School and Rugby Middle School. It is also well situated just minutes from hospitals, the Asheville Airport, parks and recreation areas, popular restaurants and breweries, Hwy 25, I-26, and downtown Hendersonville, making this an ideal location for both daily living and commuting. This charming property offers the space, updates, and location buyers have been searching for.
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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 |
|---|---|---|---|
| Aug 3, 2026 | Sold | ||
| Sold | |||
| Jul 8, 2026 | In contract | - | |
| In contract | |||
| Jun 26, 2026 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| May 21, 2026 | Price Decreased |
$475,000
↓ $5K
(1%) | |
| Price Decreased | |||
| May 14, 2026 | Listed by EXP Realty LLC Rock Hill | $480,000 | |
| Listed by EXP Realty LLC Rock Hill | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017