Macon
36 Rass Cabe Road
$590,000
●
House -
Off Market
36 Rass Cabe Road
Otto, NC 28763
3 Beds
2 Baths
2,632 Ft²
$619,314
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
This property is waiting to welcome you home to beautiful Otto, NC!
Featuring an open, easy layout this house has a great flow. Walking
in the door opens to a beautiful stone fireplace and lovely
built-ins. Enjoy one-level living with everything on the main
floor, plus a bonus room in the basement that is perfect for a man
cave, hobby room, or office. The basement is already stubbed for a
bath and could easily be finished out to double your square
footage! This home features beautiful, mature landscaping and a
circular drive. You can sit on the expansive decks and enjoy
sipping your coffee while you look out at the mountain view. Take a
tour today & make this home yours!
Unit Size
2,632 Ft²
Days on Market
-
Land Size
2.50 acres
Price per sqft
$228
Property Type
House
Property Taxes
$122
HOA Dues
-
Year Built
2010
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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 (GAMLS #10052363)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2022 | No longer available | - | |
| No longer available | |||
| Aug 31, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | In contract | - | |
| In contract | |||
| Jul 21, 2022 | Price Decreased |
$599,000
↓ $51K
(7.9%) | |
| Price Decreased | |||
| Jun 18, 2022 | Listed by Poss Realty (MLS Only) | $650,000 | |
| Listed by Poss Realty (MLS Only) | |||
| | |||
|
This property is waiting to welcome you home to beautiful Otto, NC! Featuring an open, easy layout this house has a great flow. Walking in the door opens to a beautiful stone fireplace and lovely built-ins. Enjoy one-level living with everything on the main floor, plus a bonus room in the basement that is perfect for a man cave, hobby room, or office. The basement is already stubbed for a bath and could easily be finished out to double your square footage! This home features beautiful, mature landscaping and a circular drive. You can sit on the expansive decks and enjoy sipping your coffee while you look out at the mountain view. Take a tour today & make this home yours!
| |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Macon
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kasie Campbell, Poss Realty
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10052363
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10052363
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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