48 Benfield Road
About This Property
Listed By
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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 |
|---|---|---|---|
| Aug 28, 2026 | Price Decreased |
$1,575,000
↓ $420K
(21.1%) | |
| Price Decreased | |||
| May 11, 2026 | Listed by Mossy Oak Properties Carolina Timber & Realty | $1,995,000 | |
| Listed by Mossy Oak Properties Carolina Timber & Realty | |||
| Jan 21, 2026 | No longer available | - | |
| No longer available | |||
| Jan 5, 2025 | Price Decreased |
$2,450,000
↓ $50K
(2%) | |
| Price Decreased | |||
| Apr 27, 2024 | Listed by Mossy Oak Properties Land and Luxury | $2,500,000 | |
| Listed by Mossy Oak Properties Land and Luxury | |||
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191+/- Acres! Just minutes from Weaverville, Asheville and Mars Hill. This expansive, unrestricted property features incredible long-range views of the surrounding peaks & valleys throughout the property. Bordering conservation land & Pisgah National Forest with many great natural features, including your own private “sliding rock.” Elevations range from 2,840’ to 4,690’, and the sloping topography consists of hardwoods, rock outcroppings, springs, creeks, & wildlife habitat for your enjoyment. With established trails & road systems perfect for hiking, mountain biking, horseback or ATVs, you have easy access to multiple build sites, each offering more stunning views than the last. Bull Gap Overlook, Blue Ridge Parkway & Mountains-to-Sea Trail are just minutes away and make this a unique opportunity for nature enthusiasts, environmentalists & adventurers alike. Currently enrolled in forestry program for deferred taxes and approved for conservation, you won't want to miss this one.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017