$447,500
↑ $3K (0.7%)
●
House -
For Sale
35 Azalea Drive
Spruce Pine, NC 28777
3 Beds
3 Baths
2,624 Ft²
$2,198
Est. Monthly
About This Property
Must See Home ONLY 4 MILES from Blue Ridge Parkway entrance!
Beautifully cared for home in Spruce Pine with year-round mountain
views off the large rear deck! The home has a number of wood
casement windows to enhance your view. You can access the deck from
large sliding glass door in the cozy den OR through the Master
Suite. Hardwood flooring on most of the main floor! NEW roof in
2025 / NEW fridge stays (1 month old). Outbuilding has electric.
Unit Size
2,624 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$171
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975
Listed By
Marcus Wondracek
Wondracek Realty Group, LLC
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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: 23 days ago (CANOPYMLS #CAR4352975)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | Price Increased |
$447,500
↑ $3K
(0.7%) | |
| Price Increased | |||
| Sep 30, 2026 | Price Decreased |
$444,500
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Sep 9, 2026 | Price Decreased |
$449,500
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Jul 25, 2026 | Price Decreased |
$454,900
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$465,000
↓ $2K
(0.4%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, Attached, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Open Floorplan, Pantry, Storage, Attic Stairs Pulldown, Split Bedroom
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
Flooring Type: Carpet, Tile, Vinyl, Wood
Door Features: Sliding Doors, Storm Door(s), Screen Door(s)
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Main Level
Has Fireplace
Fireplace Features: Den, Gas Log, Propane, Gas Unvented
Basement: Bath/Stubbed, Exterior Entry, Finished, Full, Interior Entry, Sump Pump, Walk-Out Access
Exterior Details
Square Footage: 2624
Security Features: Smoke Detector(s)
Architectural Style: Ranch
Year Built: 1975
Waterfront Features: None
Levels: One
Other Structures: Outbuilding
Construction Materials: Wood Siding
Patio and Porch Features: Covered, Deck, Front Porch
Lot Size Area: 0.56
Lot Size Units: Acres
Lot Size Acres: 0.56
Lot Size Square Feet: 24393.6
Water Source: Public
Financial Details
Tax Assessed Value: $213,600
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Forced Air, Heat Pump
Sewer : Septic Installed
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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 Mitchell
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marcus Wondracek, Wondracek Realty Group, LLC
Last Updated: 23 days ago
Data Source: CANOPYMLS, MLS# CAR4352975
Last Updated: 23 days ago
Data Source: CANOPYMLS, MLS# CAR4352975
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.
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