TBD Henredon Road
About This Property
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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 |
|---|---|---|---|
| Dec 28, 2025 | Listed by Braswell Realty II Inc. | $2,178,200 | |
| Listed by Braswell Realty II Inc. | |||
| Apr 1, 2025 | No longer available | - | |
| No longer available | |||
| Jan 30, 2023 | Listed by Braswell Realty II Inc. | $1,904,175 | |
| Listed by Braswell Realty II Inc. | |||
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108.81 acres with outstanding long-range views! Paved road (SR 1129) access on Henredon Rd with possible hookup to town water and sewer, electricity on the property. Endless possibilities; Great for a private estate, a tiny home or glamping community, etc. Just minutes from the Blue Ridge Parkway and centrally located to Ashville, Boone and Johnson City, TN. Elevations are over 3,000 ft if you want cool breezes. Come on up to Spruce Pine and Fall in Love.
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| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
| Jan 21, 2021 | Listed by BRASWELL REALTY INC. RM | $1,575,000 | |
| Listed by BRASWELL REALTY INC. RM | |||
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INCREDIBLE INVESTMENT OPPORTUNITY! 108.91 acres directly across from an Amazon Fulfillment Center! Town Water and Sewer readily available a stones throw away from this fabulous property. Power has already been run through the entire tract. Can be used for commercial and/or residential! Gorgeous views of the Black Mountain Range and the Roan Highlands! Near the Blue Ridge Parkway and The Orchard at Altapass.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017