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Jackson 28779
1327 Skyland Drive
$399,900
● House - Off Market

1327 Skyland Drive

Sylva, NC 28779
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,417 Ft²
$1,964
Est. Monthly

About This Property

Step into a beautifully restored farmhouse where history meets modern convenience. This 3 bed, 2 bath gem is awaiting you. With its prime location right outside city limits, this property provides the flexibility to be a charming full-time residence, a picturesque office space, or an income-generating short-term rental. Embrace the best of both worlds in a home that offers style, function, and endless possibilities!
Unit Size
1,417 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$282
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1945

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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: 3 years ago (CANOPYMLS #CAR4171293)

Price History

Date / Event Date Event Price
Sep 26, 2024 Sold
Premium
Sold
Aug 16, 2024 Listed by Keller Williams Great Smokies $399,900
Listed by Keller Williams Great Smokies

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1975
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,172
  • Building Area: 1,172
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,172
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • Standard Land Use Code: 0027
  • Legal Description 1: SKYLAND DR

Neighborhood

  • School District Name: Jackson County Schools
  • Census Tract: 950300

Geography

  • Parcel: 7642-74-8218
  • Municipality: SYLVA-RURAL
  • Latitude: 35.3924
  • Longitude: -83.203

    Address

  • Full Address: 1327 Skyland Dr
  • Address - House Number: 1327
  • Address - Street Name: Skyland
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Sylva
  • Carrier Code: R004
  • 4-Digit Zip Code: 8775
  • Zip Code: 28779

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,874

    Appraisal Valuation

  • Standard Deviation: 0.2434
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 65
  • Final Value: 117,224
  • High Value: 145,763
  • Low Value: 88,684

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,090
  • Assessed Land Value: $32,680
  • Assessed Improvements Value: $35,410
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 Jackson

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$255

Below Asking

0.04%

Average Days on Market

98

Average Home Size

2121 ft²

Average Home Age

29.5 years

Currently For Sale

130 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

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CANOPYMLS

Listed by: Stefanie Conley, Keller Williams Great Smokies
Last Updated: 3 years ago
Data Source: CANOPYMLS, MLS# CAR4171293
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 1327 Skyland Drive built and last sold?
The property at 1327 Skyland Drive was built in 1945 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1327 Skyland Drive is $0.
What are some comparable homes to 1327 Skyland Drive?
There are currently no comparable homes to 1327 Skyland Drive.
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