426 Carter Mill Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Apr 27, 2023 | Listed by BHGRE Metro Brokers | $554,900 | |
| Listed by BHGRE Metro Brokers | |||
| Aug 6, 2022 | No longer available | - | |
| No longer available | |||
| Jun 24, 2022 | Price Decreased |
$574,900
↓ $24K
(4%) | |
| Price Decreased | |||
| Jun 3, 2022 | Listed by BHGRE Metro Brokers - Blue Ridge | $599,000 | |
| Listed by BHGRE Metro Brokers - Blue Ridge | |||
| | |||
|
Let your imagination take hold on this unrestricted 4 + acre property! Two separate living spaces give you a variety of options for use. The main home has 2 bedrooms & 2.5 baths. The second building has a 1/1 full studio apartment & a 1/1 below. Live in one home & use the other for an in-law suite, long term rental or Air BNB. The property also has a barn; creeks; a pond; blueberry bushes; apple tree; screened porch; above ground pool with deck; pasture area & chicken coop. Fell like you are miles from town in this private, peaceful setting; but close to Blue Ridge, Lake Blue Ridge & the beach in Morganton. This gardener’s paradise could make a great mini farm or just enjoy relaxing in your private mountain oasis! No drive-by’s please as property & home cannot be seen from the road.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017