$281,793*
●
House -
Off Market
168 Shadow Lane #8
MURPHY, NC 28906
2 Beds
2 Baths
1,150 Ft²
$171,000 - $207,000
Reference Base Price*
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Just when you thought every new mountain home was a cabin....you
find this brand new farm house! This brand new home has board and
batten style hardi board siding, rock fireplace, wood floors,
tongue and groove ceilings, granite countertops, custom kitchen
cabinetry, a large covered porch....and it's only a few minutes
from downtown Murphy in the Tarheel area. Home is ranch style with
ALL rooms on the main level. The lot is wooded and offers plenty of
privacy. You can have the old farm house feel, without all the
maintenance.
The manager has listed the unit size as 1150 square feet.
The manager has listed the unit size as 1150 square feet.
Unit Size
1,150 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$165
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018
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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 |
|---|---|---|---|
| May 29, 2024 | No longer available | - | |
| No longer available | |||
| May 25, 2024 | Listed | $359,000 | |
| Listed | |||
| | |||
|
Located in the wonderful area of Tarheel this cabin puts you within minutes to all things downtown - shops, coffee, live music, public boat ramp and the fabulous riverwalk. 2 bedroom, 2 full bath split floor plan with vaulted ceilings in the great room, gas log fireplace, hardwood floors, tons of space in the kitchen with an extra large island for prepping and dining. Covered full length porch with hottub is the perfect spot for relaxing. Easy access is a plus with storage shed in place. The manager has listed the unit size as 1144 square feet.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 12, 2020 | Listed | $225,000 | |
| Listed | |||
| | |||
|
All one level open floor plan with high ceilings covered in beautiful wood. Two bedrooms, one on each side of the great room. Beautiful kitchen with granite counter tops and custom made cabinets, complete with large island. Master bathroom has granite vanity, and nice tub. Stacked stone gas log fireplace in the great room with gleaming wood floors, opens up to a full length covered front porch with hot tub overlooking nice size yard and fire pit. Laundry room comes complete with tile flooring and large soaking sink. Lots of outdoor storage, even a storage shed out back .
| |||
| Apr 3, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
Fireplace
Air Conditioning
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 |
|---|---|---|---|---|---|---|---|
|
05/25/2024
|
2 Bed
|
2 Bath
|
1144 ft²
|
$359,000
2 Bed
2 Bath
1144 ft²
|
-
-
|
Spies & Company
Carolina Mountain Homes
| |
|
09/12/2020
|
2 Bed
|
2 Bath
|
-
|
$225,000
2 Bed
2 Bath
|
-
-
|
-
| |
|
06/08/2018
|
2 Bed
|
2 Bath
|
1150 ft²
|
-
2 Bed
2 Bath
1150 ft²
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017