280 Eastman Place
About This Property
homesite in the private, gated community of Bright's Creek. Perched to capture sweeping long-range
mountain views, this lot offers a gentle build site-ideal for crafting your dream mountain retreat.
Nestled within one of WNC's premier golf and equestrian communities, you'll enjoy access to worldclass amenities with a membership, including the acclaimed Tom Fazio Championship Golf Course,
tennis and pickleball courts, a state-of-the-art fitness center, bowling alley, resort-style
swimming pool, miles of scenic hiking trails, fishing, and vibrant community events.
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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 |
|---|---|---|---|
| Oct 2, 2026 | In contract | - | |
| In contract | |||
| Jul 2, 2026 | Relisted | $175,000 | |
| Relisted | |||
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Feb 23, 2026 | Price Decreased |
$175,000
↓ $75K
(30%) | |
| Price Decreased | |||
| Apr 16, 2025 | Listed by Howard Hanna Beverly-Hanks | $250,000 | |
| Listed by Howard Hanna Beverly-Hanks | |||
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Last Updated: 12 days ago
Data Source: CANOPYMLS, MLS# CAR4247935
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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