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Forest City 28043
261 Hardin Road
$62,000
● House - Off Market

261 Hardin Road

Forest City, NC 28043
bedrooms
2 Beds
bathrooms
1 Bath
square feet
792 Ft²
$309
Est. Monthly

About This Property

This home would be a great investment! Home features 2 bedrooms, 1 bath, with circular driveway on 0.38 acres. Home is being sold as-is
Unit Size
792 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$79
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (CANOPYMLS #CAR4165339)

Price History

Date / Event Date Event Price
Sep 18, 2024 Sold
Premium
Sold
Sep 5, 2024 In contract -
In contract
Jul 24, 2024 Listed by Shelton Properties at KW $62,800
Listed by Shelton Properties at KW

Property Highlights

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1966
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 792
  • Building Area: 792
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STREET JONES SUBDIVISION
  • Land Acres: 0000000380
  • Standard Land Use Code: 1999
  • Legal Description 1: GPIN:1548091675650000; RES HARDIN ST

Neighborhood

  • School District Name: Rutherford County Schools
  • Census Tract: 960800

Zoning

  • Zoning: R6

Geography

  • District: 04
  • Parcel: 422802
  • Municipality: COOL SPRINGS
  • Latitude: 35.3275
  • Longitude: -81.8779

    Address

  • Full Address: 261 Hardin Rd
  • Address - House Number: 261
  • Address - Street Name: Hardin
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Forest City
  • Carrier Code: C005
  • 4-Digit Zip Code: 3946
  • Zip Code: 28043

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,166

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 235,192
  • High Value: 330,446
  • Low Value: 139,937

    Market Valuation

  • Market Total Value: $83,600
  • Market Land Value: $12,000
  • Market Improvement Value: $71,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,600
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $71,600
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Forest City

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$160

Below Asking

0.04%

Average Days on Market

77

Average Home Size

1593 ft²

Average Home Age

54.7 years

Currently For Sale

32 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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CANOPYMLS

Listed by: Robert Fowler, Shelton Properties at KW
Last Updated: 3 years ago
Data Source: CANOPYMLS, MLS# CAR4165339
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.

Frequently Asked Questions

When was property at 261 Hardin Road built and last sold?
The property at 261 Hardin Road was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 261 Hardin Road is $0.
What are some comparable homes to 261 Hardin Road?
There are currently no comparable homes to 261 Hardin Road.
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