$742,148*
●
House -
Off Market
462 Lightning Bug Lane #1620
MURPHY, NC 28906
3 Beds
3 Baths
3,200 Ft²
$441,000 - $537,000
Reference Base Price*
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
ONE OF A KIND MOUNTAIN GEM...Nestled in the midst of 8 acres of
woodland, this custom log home hits all the right notes! Multi
leveled deck soars above terrific panoramas, with sheltered
"gazebo" corner over the hot tub. Luxuriate in upscale natural
materials: two stone fireplaces, granite/stone island in the chef's
kitchen, built-in shelves, and gleaming floors. Main-floor master
suite with jetted tub and sumptuous walk-in closet; loft, looking
down on main living area, is bathed in light. Finished walkout
lower level includes family room, bed and bath, second fireplace,
and sauna, plus plumbing in place for a wet bar. Three-car custom
carport with workshop-move-in ready to enjoy now!
The manager has listed the unit size as 3200 square feet.
The manager has listed the unit size as 3200 square feet.
Unit Size
3,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$153
Property Type
House
Property Taxes
$141
HOA Dues
-
Year Built
2003
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 21, 2020 | In contract | - | |
| In contract | |||
| Sep 1, 2020 | Listed | $520,000 | |
| Listed | |||
| | |||
|
Your wish list delivered & exceeded in this spectacular 3BR/3BA log home on 8.11 acres! Bradford Pears line the paved drive leading you to a 3 bay log carport w/storage. Relax on the full wrap-around deck/porch w/creative detail trim boasting a gazebo w/Jacuzzi hot tub! Live large in the 3200 sq ft interior w/imaginative design features: upgraded appliances, fixtures & lighting system; fieldstone island & granite counters; pantry, 2 fireplaces; 2 family rooms; huge loft; dry sauna; large WIC; laundry room/sink & cabinets, custom built-in bookshelves in ea room, custom built-in cabinets & jewelry box and fabulous window seating in ea BR. Rustic elegance in a peaceful & private setting! The manager has listed the unit size as 3200 square feet.
| |||
| Nov 3, 2018 | No longer available | - | |
| No longer available | |||
| May 9, 2018 | Listed | $489,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Fireplace
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/07/2021
| |
Loft
|
-
|
-
|
$38,900
Loft
-
|
-
-
|
Levi Killian
APPALACHIAN LAND COMPANY
|
|
09/01/2020
|
3 Bed
|
3 Bath
|
3200 ft²
|
$520,000
3 Bed
3 Bath
3200 ft²
|
-
-
|
-
| |
|
03/05/2019
| |
3 Bed
|
3 Bath
|
-
|
$487,900
3 Bed
3 Bath
|
-
-
|
-
|
|
05/09/2018
|
3 Bed
|
3 Bath
|
3200 ft²
|
-
3 Bed
3 Bath
3200 ft²
|
-
-
|
-
| |
|
07/02/2017
| |
3 Bed
|
3 Bath
|
3200 ft²
|
-
3 Bed
3 Bath
3200 ft²
|
-
-
|
-
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017