201 Mountain Vista Road
About This Property
The home features a simple, open layout with one bedroom and one full bath, perfect for low-maintenance living. Warm wood accents, an inviting wood-burning fireplace, and plenty of natural light create a welcoming interior. The kitchen comes fully equipped with major appliances. Additional flex space-not included in the heated square footage-offers room for storage, hobbies, or future upgrades.
Step outside to relax on either the front porch or the back deck, both offering space to enjoy the peaceful surroundings. A gravel driveway provides easy access and parking, and there's a small storage shed on site as well. Utilities include a shared well and a private septic system.
With no HOA and light restrictions, this property offers flexibility for future use. Just a short drive to Canton, Waynesville, and Asheville, this mountain hideaway delivers the seclusion you want without being too far from town.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 10, 2026 | Price Decreased |
$200,000
↓ $10K
(4.8%) | |
| Price Decreased | |||
| Jun 5, 2026 | Price Decreased |
$210,000
↓ $20K
(8.7%) | |
| Price Decreased | |||
| Apr 3, 2026 | Price Decreased |
$230,000
↓ $20K
(8%) | |
| Price Decreased | |||
| Feb 28, 2026 | Price Decreased |
$250,000
↓ $25K
(9.1%) | |
| Price Decreased | |||
| Dec 9, 2025 | Listed by Keller Williams Biltmore Village | $275,000 | |
| Listed by Keller Williams Biltmore Village | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017