154 Burley Ridge
About This Property
3BR/2.5BA retreat blends comfort, function, and space just minutes from Asheville and I-40.
Restored hardwood floors flow throughout, with a cozy basement den and a versatile flex
room ideal for a 4th bedroom, office, or guest suite. The primary suite Present heated tile
floors and a spa-like walk-in shower. Enjoy central heat/AC on all levels, an oversized 2-car
garage, and a large storage shed. Unwind outdoors in the hot tub, on the freshly stained
decks, or around the fire pit under the stars. A fenced garden with edible berries adds
charm and sustainability. High-speed Spectrum internet recently installed. This Home is
Move-in-ready!!! No HOA. A rare mix of privacy and convenience-perfect for your next
chapter.
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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 |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Price Decreased |
$575,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
| Aug 1, 2025 | Price Decreased |
$595,000
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Jul 10, 2025 | Price Decreased |
$610,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
Property Highlights
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About Buncombe
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Last Updated: 10 months ago
Data Source: CANOPYMLS, MLS# CAR4273796
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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