$517,660*
●
House -
Off Market
1665 Cherokee Mountain Trail #13
MURPHY, NC 28906
3 Beds
2.5 Baths,
1
Half Bath
2,850 Ft²
$441,000 - $537,000
Reference Base Price*
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
THE HOUSE ABOVE THE CLOUDs!!!!! 3BR/2.5BA Newly painted Cabin
w/full finished basement. Master on MAIN. Kitchen w/granite counter
tops; cherry cabinets & butcher block island, and professional
appliances. Cozy floor to ceiling w/b F/P. Wood flooring, carpet
&tile. Accent-stained glass windows. Lower level has
media/family room w/gas stove, 2 BRS & a full BA. 3 level detached
garage w/workshop on main level, upper-level walkup storage, &
lower-level studio w/water has been updated to SheShed. Attached
covered parking/picnic area. New Composite deck with updated
handrails & New hot tub. This home has everything you need & more.
Very spacious w/plenty of room for storage and entertaining.
Minutes to downtown; Long-range view of local lake. Garage has new
freezer, small fridge & Microwave.
The manager has listed the unit size as 2850 square feet.
The manager has listed the unit size as 2850 square feet.
Unit Size
2,850 Ft²
Days on Market
-
Land Size
-
Price per sqft
$172
Property Type
House
Property Taxes
$111
HOA Dues
-
Year Built
1999
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 3, 2023 | No longer available | - | |
| No longer available | |||
| Dec 30, 2022 | Listed | $489,000 | |
| Listed | |||
| Mar 19, 2020 | No longer available | - | |
| No longer available | |||
| Aug 17, 2019 | Price Decreased |
$285,000
↓ $10K
(3.4%) | |
| Price Decreased | |||
| Apr 12, 2019 | Listed | $295,000 | |
| Listed | |||
| | |||
|
Year round VIEWS from this 2 bedroom 2.5 bath with full finished basement. Master bedroom on MAIN with WIC. Gourmet kitchen w/granite counter tops; butcher block island, cherry cabinets, professional appliances. Wood burning Fireplace & wood & tile floors. Lower level media/family room with gas stove, 2 bedrooms & a full bath. additional parking at the detached garage which has a workshop on ground level, walk up storage on upper level and a studio with water on lower level. Attached covered parking at front door, raised garden bed area and hot tub on one deck. The manager has listed the unit size as 2850 square feet.
| |||
Property Highlights
Fireplace
Air Conditioning
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/30/2022
|
3 Bed
|
2.5 Bath
|
2850 ft²
|
$489,000
3 Bed
2.5 Bath
2850 ft²
|
-
-
|
Sonya Reid
APPALACHIAN LAND COMPANY
| |
|
04/12/2019
|
2 Bed
|
3 Bath
|
2850 ft²
|
$295,000
2 Bed
3 Bath
2850 ft²
|
-
-
|
-
| |
|
08/14/2018
| |
2 Bed
|
3 Bath
|
-
|
-
2 Bed
3 Bath
|
-
-
|
-
|
Building Info
1665 Cherokee Mountain Trail
1665 Cherokee Mountain Trail, Murphy, NC 28906
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017