150 Mckinley Hill
About This Property
Take in stunning views of the Watauga River and Beech Mountain, adding natural beauty to your future homesite or getaway retreat. Adventure and amenities are close by-just 30 minutes to Beech Mountain Ski Resort, 16 minutes to Boone for shopping, dining, entertainment, and Appalachian State University, and 45 minutes to Grandfather Mountain State Park for unforgettable hiking and scenic overlooks.
This is a rare opportunity to create your own mountain escape!
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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 |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Feb 26, 2026 | In contract | - | |
| In contract | |||
| Jan 10, 2026 | Price Decreased |
$39,900
↓ $2K
(5%) | |
| Price Decreased | |||
| Dec 10, 2025 | Listed by Chosen Realty of NC LLC | $42,000 | |
| Listed by Chosen Realty of NC LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017