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Jackson 28779
261 Holly Hills Road
$380,000
● House - Off Market

261 Holly Hills Road

Sylva, NC 28779
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$1,842
Est. Monthly

About This Property

This must see traditional ranch style home checks all the boxes. One level living, 3 BR/ 2 baths, nice updates throughout and well maintained landscaping . Located in a great neighborhood with easy access to Sylva, Webster, Cullowhee, Cashiers and Franklin. Separate building with heat and air, for workshop, office, craft room, garage or more. Call for an appointment to view. Home is occupied
Unit Size
1,700 Ft²
Days on Market
-
Land Size
1.35 acres
Price per sqft
$221
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999

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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: 3 years ago (CANOPYMLS #CAR4165370)

Price History

Date / Event Date Event Price
Oct 3, 2024 Sold
Premium
Sold
Jul 26, 2024 Listed by Western Carolina Properties, Inc. $375,000
Listed by Western Carolina Properties, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 732
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 58,806
  • Total Building Area: 1,716
  • Building Area: 1,716
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,716
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001350
  • Standard Land Use Code: 1001
  • County Land Use Code: R01
  • Legal Description 1: LT 11 HOLLY HILLS

Neighborhood

  • School District Name: Jackson County Schools
  • Census Tract: 950600

Geography

  • Assessors Map Reference: MAP 7549.02
  • Parcel: 7549-89-5722
  • Lot: 11
  • Municipality: WEBSTER
  • Latitude: 35.3251
  • Longitude: -83.1967

    Address

  • Full Address: 261 Holly Hills Rd
  • Address - House Number: 261
  • Address - Street Name: Holly Hills
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Sylva
  • Carrier Code: R003
  • 4-Digit Zip Code: 6956
  • Zip Code: 28779

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $78,783

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 68
  • Final Value: 348,027
  • High Value: 426,898
  • Low Value: 269,156

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $219,430
  • Assessed Land Value: $33,160
  • Assessed Improvements Value: $186,270
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 Jackson

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$255

Below Asking

0.04%

Average Days on Market

98

Average Home Size

2121 ft²

Average Home Age

29.5 years

Currently For Sale

130 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: Jack Debnam, Western Carolina Properties, Inc.
Last Updated: 3 years ago
Data Source: CANOPYMLS, MLS# CAR4165370
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 Holly Hills Road built and last sold?
The property at 261 Holly Hills Road was built in 1999 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 261 Holly Hills Road is $0.
What are some comparable homes to 261 Holly Hills Road?
There are currently no comparable homes to 261 Holly Hills Road.
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