$389,000
●
Condo -
Off Market
186 Cecil Miller Road #202
Boone, NC 28607
3 Beds
3 Baths
1,126 Ft²
$2,211
Est. Monthly
$300
HOA / Fees
5.52%
Cap Rate
About This Property
Great Investment Opportunity or Primary Residence! Second Floor, 3
Bedroom, 3 bath condominium located near Watauga High School and
convenient to downtown Boone, Watauga Medical Center and ASU. Great
for a primary residence or as a rental investment for students and
business professionals. The Appalcart bus stop is nearby which is
convenient for getting around town. Open floor plan living area
features a gas-log fireplace (not hooked up) and opens to a covered
balcony. Spacious kitchen has hardwood floors and like new
appliances. Each bedroom includes a bathroom and spacious closet.
Extra storage closet on the covered balcony. Community features
include elevator access and assigned indoor storage room in
basement.
Unit Size
1,126 Ft²
Days on Market
-
Land Size
-
Price per sqft
$345
Property Type
Condo
Property Taxes
-
HOA Dues
$300
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: 4 months ago (CANOPYMLS #CAR4320656)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Nov 9, 2025 | Listed by A PLUS Realty | $389,000 | |
| Listed by A PLUS Realty | |||
| Aug 28, 2022 | No longer available | - | |
| No longer available | |||
| Aug 20, 2022 | Listed by 828 Real Estate | $315,000 | |
| Listed by 828 Real Estate | |||
| | |||
|
Great Investment Opportunity or Primary Residence! Second Floor, 3 Bedroom, 3 bath condominium located near Watauga High School and convenient to downtown Boone, Watauga Medical Center and ASU. Great for a primary residence or as a rental investment for students and business professionals. The Appalcart bus stop is nearby which is convenient for getting around town. Spacious kitchen has hardwood floors and like new appliances. Living room has a fireplace with gas logs (not hooked up). Each bedroom includes a bathroom and closet, with one bathroom also having access from the hall. Outdoor storage closet on the covered porch also houses the hot water heater. There is an additional indoor storage room located in the basement.All Offers Highest and Best by 5pm Thursday, 8/25. The manager has listed the unit size as 1126 square feet.
| |||
Property Highlights
Elevator
Fireplace
With View
Parking Details
Parking Features: Parking Lot, Parking Space(s)
Interior Details
Full Bathrooms: 3
Interior Features: Open Floorplan, Storage, Walk-In Closet(s), Split Bedroom
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
Flooring Type: Carpet, Tile, Wood
Laundry Features: Electric Dryer Hookup, Laundry Closet, Washer Hookup, Utility Room
Has Fireplace
Fireplace Features: Gas Log, Living Room
Basement: Storage Space
Exterior Details
Has Property Attached
Square Footage: 1126
Year Built: 2005
Levels: One
Construction Materials: Brick Full
Patio and Porch Features: Covered, Balcony
Water Source: City
Financial Details
Tax Assessed Value: $295,000
Utilities Details
Cooling Type: Heat Pump
Heating Type: Heat Pump
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Picnic Area
HOA Fee: $300
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
11/09/2025
|
3 Bed
|
3 Bath
|
1126 ft²
|
$389,000
3 Bed
3 Bath
1126 ft²
|
-
-
|
Jason Eldreth
A Plus Realty
| |
|
08/20/2022
|
3 Bed
|
3 Bath
|
1126 ft²
|
$315,000
3 Bed
3 Bath
1126 ft²
|
-
-
|
Patricia Hall
828 Real Estate
| |
|
06/28/2022
|
3 Bed
|
3 Bath
|
1122 ft²
|
$315,000
3 Bed
3 Bath
1122 ft²
|
-
-
|
Michelle Kowalski
Blowing Rock Real Estate, Llc
| |
|
12/15/2021
|
3 Bed
|
3 Bath
|
1119 ft²
|
$320,000
3 Bed
3 Bath
1119 ft²
|
-
-
|
Jack Robinson
Coldwell Banker Blair
| |
|
09/16/2020
| |
3 Bed
|
3 Bath
|
1120 ft²
|
$224,500
3 Bed
3 Bath
1120 ft²
|
-
-
|
-
|
|
07/29/2017
| |
3 Bed
|
3 Bath
|
-
|
-
3 Bed
3 Bath
|
-
-
|
-
|
Building Info
About Boone
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Listed by: Jason Eldreth, A PLUS Realty
Last Updated: 4 months ago
Data Source: CANOPYMLS, MLS# CAR4320656
Last Updated: 4 months ago
Data Source: CANOPYMLS, MLS# CAR4320656
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.
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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