2977 US Highway 70 None W
About This Property
With 2 bedrooms plus a large family room that could serve as a third, this home offers flexibility. The screened, covered back porch offers a comfortable space to relax and enjoy the views. Step outside to the level, fully fenced backyard that is perfect for pets, gardening, or entertaining.
Additional highlights include an unfinished basement ideal for extra storage or a workshop, a spacious carport, and a generous storage shed. Conveniently located approximately 30 minutes from Asheville and the Blue Ridge Mountains, this home combines comfort, charm, and accessibility.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 13, 2026 | Sold | ||
| Sold | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Price Decreased |
$319,900
↓ $15K
(4.5%) | |
| Price Decreased | |||
| Apr 12, 2026 | Price Decreased |
$334,900
↓ $15K
(4.3%) | |
| Price Decreased | |||
| Feb 16, 2026 | Listed by Keller Williams Professionals | $350,000 | |
| Listed by Keller Williams Professionals | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017