$280,000
●
House -
Off Market
207 Bentley Cove #310
Murphy, NC 28906
1 Bed
1 Bath
840 Ft²
$1,449
Est. Monthly
$33
HOA / Fees
6.89%
Cap Rate
About This Property
Nestled among a dense canopy of towering pines, this cozy
1-bedroom, 1-bath cabin offers a serene retreat from the hustle and
bustle of everyday life. Tucked away on the edge of a tranquil
forest, the cabin welcomes visitors with its rustic charm and
natural beauty. Stepping inside, you find yourself enveloped in
warmth and coziness. The interior is adorned with knotty pine walls
and floors, giving the space a rustic yet inviting ambiance. A
comfortable living area beckons with a plush sofa nestled beside a
stone fireplace, the perfect spot to unwind after a day of
exploration in the woods.
Unit Size
840 Ft²
Days on Market
88 days
Land Size
0.71 acres
Price per sqft
$339
Property Type
House
Property Taxes
$17
HOA Dues
$33
Year Built
-
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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 #10273733)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| Mar 29, 2024 | Listed by Coldwell Banker High Country | $285,000 | |
| Listed by Coldwell Banker High Country | |||
Property Highlights
Fireplace
Parking Details
Has Carport
Parking Features: Carport, Parking Shed
Interior Details
Full Bathrooms: 1
Interior Features: Beamed Ceilings, High Ceilings, Vaulted Ceiling(s), Master On Main Level
Appliances: Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Oven/Range (Combo)
Flooring Type: Pine
Laundry Features: Laundry Closet
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 840
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Resale
Architectural Style: Ranch, Country/Rustic
Year Built: 2023
Levels: One
Window Features: Window Treatments
Construction Materials: Wood Siding
Patio and Porch Features: Deck, Patio, Porch
Lot Features: Level, Private, Sloped
Lot Size Area: 30927.6
Lot Size Units: Square Feet
Lot Size Acres: 0.71
Lot Size Square Feet: 30927.6
Water Source: Shared Well
Financial Details
Tax Annual Amount: $200
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Baseboard, Electric
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Water, Private Roads
HOA Fee: $394
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 |
|---|---|---|---|---|---|---|---|
|
03/29/2024
|
1 Bed
|
1 Bath
|
840 ft²
|
$285,000
1 Bed
1 Bath
840 ft²
|
$280,000
-1.75%
06/25/2024
|
Jason Marsh
Coldwell Banker High Country
|
Building Info
About Cherokee
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Listed by: Jason Marsh, Coldwell Banker High Country
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10273733
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10273733
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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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