$165,000
●
Land -
For Sale
346 River Club Drive
Cullowhee, NC 28723
Studio
0 Bath
$1,136
Est. Monthly
$325
HOA / Fees
11.45%
Cap Rate
About This Property
Perfect basement lot homesite near the entrance of Cullowhee River
Club. Peace, tranquility, riverfront, private community, fish
waiting to be caught from your yard and a fire pit for evening
chats, all check marks here and more! Nearby are lakes and hiking
trails for those nature lovers. Two colleges, WCU within walking
distance, that have sporting, music and cultural events year-round.
A short drive away are Downtown Sylva and Historic Dillsboro which
offer shopping, dining, breweries, concerts and annual festivals
for your enjoyment and entertainment. Schedule your appointment and
begin your next chapter of life here.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$325
Year Built
-
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 6 months ago (CANOPYMLS #CAR4388845)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2026 | Listed by Sundog Realty, Inc. | $165,000 | |
| Listed by Sundog Realty, Inc. | |||
| Oct 31, 2025 | No longer available | - | |
| No longer available | |||
| Apr 7, 2025 | Price Decreased |
$169,000
↓ $6K
(3.2%) | |
| Price Decreased | |||
| Apr 26, 2024 | Listed by Sundog Realty, Inc. | $174,500 | |
| Listed by Sundog Realty, Inc. | |||
| | |||
|
Perfect basement lot homesite near the entrance of Cullowhee River Club. Peace, tranquility, riverfront, private community, fish waiting to be caught from your yard and a fire pit for evening chats, all check marks here and more! Nearby are lakes and hiking trails for those nature lovers. Two colleges, WCU within walking distance, that have sporting, music and cultural events year-round. A short drive away are Downtown Sylva and Historic Dillsboro which offer shopping, dining, breweries, concerts and annual festivals for your enjoyment and entertainment. Schedule your appointment and begin your next chapter of life here.
| |||
Property Highlights
Exterior Details
Waterfront Features: None
Waterbody Name: Tuckasegee River
Lot Features: River Front
Lot Size Area: 0.18
Lot Size Units: Acres
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Water Source: Public
Financial Details
Tax Assessed Value: $150,000
Utilities Details
Sewer : Public Sewer
Location Details
HOA Fee: $325
HOA Fee Frequency: Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cullowhee
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Mark Brooks, Sundog Realty, Inc.
Last Updated: 6 months ago
Data Source: CANOPYMLS, MLS# CAR4388845
Last Updated: 6 months ago
Data Source: CANOPYMLS, MLS# CAR4388845
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.
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.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017