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Polk 28722
3227 Skyuka Mountain Road
$160,000
● House - Off Market

3227 Skyuka Mountain Road

Columbus, NC 28722
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,280 Ft²
$983
Est. Monthly

About This Property

CALLING ALL INVESTORS! Massive opportunity in this mountain bungalow.  The bones appear good, but needs cosmetic work + work on roof.  Sold in AS-IS condition.  Woodstove on main level and woodburning fireplace upstairs.  1 car detached garage with a lean to.  Great WINTER TIME views when the leaves are off the trees.
Unit Size
2,280 Ft²
Days on Market
-
Land Size
5.94 acres
Price per sqft
$88
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977

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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 #CAR4192559)

Price History

Date / Event Date Event Price
Nov 13, 2024 Sold
Premium
Sold
Oct 26, 2024 In contract -
In contract
Oct 17, 2024 Listed by Expert Real Estate Team $200,000
Listed by Expert Real Estate Team

Property Highlights

Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1985
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 900
  • Garage Type: 4
  • Garage Square Area: 330
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 258,746
  • Total Building Area: 1,380
  • Building Area: 1,380
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,380
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRYON PEAK
  • Land Acres: 0000005940
  • Standard Land Use Code: 1001
  • Legal Description 1: LOT 21 5.94 ACRES, 0T08 TRYON PEAK

Neighborhood

  • School District Name: Polk County Schools
  • Census Tract: 920201

Zoning

  • Zoning: MX

Geography

  • Account Number: 56857
  • District: 9
  • Parcel: P45-120
  • Lot: 21
  • Municipality: COLUM TOWNSHIP
  • Latitude: 35.27
  • Longitude: -82.2321

    Address

  • Full Address: 3227 Skyuka Mountain Rd
  • Address - House Number: 3227
  • Address - Street Name: Skyuka Mountain
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Columbus
  • Carrier Code: R003
  • 4-Digit Zip Code: 4407
  • Zip Code: 28722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $156,257

    Appraisal Valuation

  • Standard Deviation: 0.454
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 9
  • Final Value: 314,817
  • High Value: 457,773
  • Low Value: 171,860

    Market Valuation

  • Market Total Value: $245,379
  • Market Land Value: $79,490
  • Market Improvement Value: $165,889

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,379
  • Assessed Land Value: $79,490
  • Assessed Improvements Value: $165,889

    Sales

  • Current Sale Contract Date: Dec 31, 1997
  • Current Sale Recording Date: Dec 31, 1997
  • Current Sale Document Type: 27
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 Polk

Stats & Trends

Median Asking:

$449,000

Sale Price/ft²

$260

Below Asking

0.03%

Average Days on Market

78

Average Home Size

2360 ft²

Average Home Age

44.4 years

Currently For Sale

180 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: Pamela Carswell, Expert Real Estate Team
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4192559
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 3227 Skyuka Mountain Road built and last sold?
The property at 3227 Skyuka Mountain Road was built in 1977 and last sold on Dec 31, 1997 for $0.
How much is this home worth?
The estimated value of the home located at 3227 Skyuka Mountain Road is $0.
What are some comparable homes to 3227 Skyuka Mountain Road?
There are currently no comparable homes to 3227 Skyuka Mountain Road.
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