$279,900
●
House -
Off Market
175 Rushmore Lane #231
Murphy, NC 28906
2 Beds
2 Baths
896 Ft²
$1,487
Est. Monthly
$28
HOA / Fees
5.35%
Cap Rate
About This Property
Murphy, NC - End Of Road - Fiber Optic Internet - Wooded Setting in
Whispering Hills - Paved Road - Partially Furnished - 2Bed/2Bath
Mountain Chalet Style Home Metal Roof, Log Sided, Full Covered
Screened Back Porch, All Wood Interior Rustic Cabin Style Home with
Large Open Loft Bedroom & Bathroom, Custom Pine Cabinetry, Granite
Counter Tops Kitchen & Bathroom Vanities, Matching Kitchen Island,
12" Pine Plank Wood Floors, Perfect for Part Time Vacation / Rental
Cabin or Full Time Home in The Mountains, This Home has Easy Access
to Downtown Murphy NC & Blairsville GA & Blue Ridge GA., Convenient
to Nantahala Gorge & The Ocoee for White Water Rafting, Boating &
Fishing on Lake Hiawassee, Harrah's Valley River Casino and More,
This Location is perfect for Outdoor Enthusiast and WOW a Great
Opportunity for you to own Your Cabin in the Mountains. This home
is like Brand New and Seller is asking only $299,900. Call Today
For Viewing this awesome find.
Unit Size
896 Ft²
Days on Market
102 days
Land Size
0.49 acres
Price per sqft
$312
Property Type
House
Property Taxes
$83
HOA Dues
$28
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: 9 months ago (GAMLS #10215717)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2023 | Listed by EXIT Realty Mountain View Properties | $279,900 | |
| Listed by EXIT Realty Mountain View Properties | |||
Property Highlights
Fireplace
Parking Details
Parking Features: None
Interior Details
Full Bathrooms: 2
Interior Features: Master On Main Level
Appliances: Dryer, Washer, Dishwasher, Microwave, Refrigerator, Oven/Range (Combo)
Flooring Type: Other
Laundry Features: Laundry Closet
Has Fireplace
Fireplace Features: Living Room, Gas Log
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 896
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Resale
Architectural Style: Country/Rustic
Year Built: 2022
Levels: One and One Half
Window Features: Double Pane Windows
Construction Materials: Wood Siding
Patio and Porch Features: Deck, Porch, Screened
Lot Features: Cul-De-Sac, Level
Lot Size Area: 21344.4
Lot Size Units: Square Feet
Lot Size Acres: 0.49
Lot Size Square Feet: 21344.4
Water Source: Shared Well
Financial Details
Tax Annual Amount: $1,000
Utilities Details
Cooling Type: Electric, Ceiling Fan(s), Other
Heating Type: Electric, Heat Pump, Other
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Water, Private Roads
HOA Fee: $340
HOA Fee Frequency: Annually
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 |
|---|---|---|---|---|---|---|---|
|
10/17/2023
|
2 Bed
|
2 Bath
|
896 ft²
|
$279,900
2 Bed
2 Bath
896 ft²
|
$279,900
01/29/2024
|
Beverly Koon
EXIT Realty Mountain View Properties
|
Building Info
About Cherokee
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Listed by: Beverly Koon, EXIT Realty Mountain View Properties
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10215717
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10215717
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Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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