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Yancey 28714
17 Cabbage Patch Road
$15,500
● Land - Off Market

17 Cabbage Patch Road

Burnsville, NC 28714
bedrooms
Studio
bathrooms
0 Bath
$86
Est. Monthly

About This Property

This  +/- 0.50-acre lot was once home to a beloved local community store, bustling with activity. The structure has since been demolished, leaving behind an open canvas of land with no zoning restrictions - a blank page eagerly awaiting the next adventurous visionary to rediscover its potential.
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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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 #CAR4033164)

Price History

Date / Event Date Event Price
Sep 20, 2024 Sold
Premium
Sold
May 22, 2023 Listed by Mountain Adventure Realty $17,500
Listed by Mountain Adventure Realty
Oct 20, 2022 No longer available -
No longer available
Oct 17, 2022 Sold
Premium
Sold
Sep 23, 2022 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 21,780
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000500
  • Standard Land Use Code: 8002
  • County Land Use Code: 441

Neighborhood

  • School District Name: Yancey County Schools
  • School Tax School District: SOUTH TOE FIRE
  • Census Tract: 960101

Geography

  • Assessors Map Reference: 09006 0088
  • Account Number: 87811
  • Parcel: 076701463433.000
  • Municipality: SOUTH TOE
  • Latitude: 35.8427
  • Longitude: -82.1573

    Address

  • Full Address: 17 Cabbage Patch Rd
  • Address - House Number: 17
  • Address - Street Name: Cabbage Patch
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Burnsville
  • Carrier Code: R007
  • 4-Digit Zip Code: 7330
  • Zip Code: 28714

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,975
  • Tax Rate Code Area: 9

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $15,000

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3145
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 Yancey

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$245

Below Asking

0.04%

Average Days on Market

84

Average Home Size

2143 ft²

Average Home Age

36.1 years

Currently For Sale

213 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: Dylan Ledford, Mountain Adventure Realty
Last Updated: 3 years ago
Data Source: CANOPYMLS, MLS# CAR4033164
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 17 Cabbage Patch Road built and last sold?
The property at 17 Cabbage Patch Road was built in and last sold on Oct 14, 2022 for $6,000.
How much is this home worth?
The estimated value of the home located at 17 Cabbage Patch Road is $0.
What are some comparable homes to 17 Cabbage Patch Road?
There are currently no comparable homes to 17 Cabbage Patch Road.
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