$389,000
●
House -
Off Market
220 Cat Creek Estates
Franklin, NC 28734
4 Beds
3 Baths,
1
Half Bath
2,104 Ft²
$1,986
Est. Monthly
$75
HOA / Fees
7.94%
Cap Rate
About This Property
Welcome to this impressive home near the heart of Franklin, where
modern living blends seamlessly with beautiful long-range views.
Nestled with easy access to town, this home offers the perfect
balance between convenience and tranquility. Step inside to find a
newly updated kitchen with new appliances that's sure to inspire
your inner chef. Home boasts contemporary finishes, fresh paint and
newly installed flooring throughout for a crisp, modern appeal.
With 4 bedrooms & 2.5 baths, there's plenty of room to accommodate
multiple guests. A garage caters to your storage and parking needs,
while the beautiful new canopy offers an idyllic spot for outdoor
relaxation and entertainment. A fenced side yard completes the
picture, providing an inviting space for your pets to enjoy the
outdoors. This updated home offers a unique combination of comfort,
style, and location. It's not just a place to live-it's a place to
love! Foundation work was completed on the home prior to sellers
buying home.
Unit Size
2,104 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$185
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
1995
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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: 2 years ago (CANOPYMLS #CAR4184608)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 28, 2024 | Price Decreased |
$389,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Sep 18, 2024 | Listed by Allen Tate/Beverly-Hanks Waynesville | $399,000 | |
| Listed by Allen Tate/Beverly-Hanks Waynesville | |||
| Sep 14, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 26, 2024 | Listed by Premier Sotheby’s International Realty | $399,000 | |
| Listed by Premier Sotheby’s International Realty | |||
| | |||
|
Welcome to this impressive home near the heart of Franklin, where modern living blends seamlessly with beautiful long-range views. Nestled with easy access to town, this home offers the perfect balance between convenience and tranquility. Step inside to find a newly updated kitchen with new appliances that's sure to inspire your inner chef. Home boasts contemporary finishes, fresh paint and newly installed flooring throughout for a crisp, modern appeal. With 4 bedrooms & 2.5 baths, there's plenty of room to accommodate multiple guests. A garage caters to your storage and parking needs, while the beautiful new canopy offers an idyllic spot for outdoor relaxation and entertainment. A fenced side yard completes the picture, providing an inviting space for your pets to enjoy the outdoors. This updated home offers a unique combination of comfort, style, and location. It's not just a place to live—it's a place to love! Foundation work was completed on the home prior to sellers buying home.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Sold On
HOA + Taxes
About Macon
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Listed by: Laura Thomas, Allen Tate/Beverly-Hanks Waynesville
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4184608
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4184608
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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