49 Miner Street
About This Property
With over 3,400 heated square feet and three luxurious suites, the home offers exceptional flexibility and comfort with primary living on the main level. The interior is filled with warmth and character featuring vaulted ceilings with exposed wood beam accents, cozy gathering spaces, abundant natural light, and an open floor plan designed for both everyday living and entertaining. The wood-burning stove creates an inviting focal point while intimate reading nooks and sitting areas provide the charm and comfort expected from a true Craftsman home.
Outdoor living is equally special. Enjoy peaceful mornings and relaxing evenings from the covered front porch overlooking one of Brevard's most charming residential streets, or host private outdoor dinners on the covered side patio surrounded by mature landscaping. The lot itself is larger than average for an in-town property and offers ample room for pets, gardening, recreation, or future outdoor enhancements.
Beyond the property itself, the location is difficult to rival. Brevard is widely considered one of the premier small towns in Western North Carolina and is surrounded by Pisgah National Forest, DuPont State Forest, countless waterfalls, and world-class hiking, biking, fly fishing, climbing, and outdoor recreation. Asheville Regional Airport is also conveniently nearby for travel and connectivity.
Adding to the rarity of this offering, this is believed to be one of the last remaining properties within Brevard city limits and within an established residential neighborhood that still qualifies for short-term rental use. Buyers should contact the City of Brevard Planning Department directly for all rules, regulations, and verification regarding short-term rental eligibility.
This is more than just a home - it is an opportunity to own a truly iconic Brevard property where historic charm, luxury renovation, and mountain lifestyle converge. Video is coming soon!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017