$350,893*
●
Townhouse -
Off Market
499 Peaceful Haven Drive #721
Boone, NC 28607
2 Beds
2 Baths
1,050 Ft²
$216,000 - $262,000
Reference Base Price*
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Beautiful, maintenance free, entry level, condo with gorgeous views
of Grandfather Mountain! This condo is located in the gated
and amenity rich community ~ Echota! This 2 bedroom, 2 bathroom
home features new stainless steel appliances, gleaming hardwoods
throughout, stone fireplace with gas logs, walk-in shower in the
master bath, and walk-in closets. Relax in the master bedroom with
doors that open up to the balcony with stunning mountain views!
Amenities include walking/hiking trails, indoor and outdoor pools,
hot tub, putting green, two clubhouses, and fitness center. All
furniture in the condo is included in the sale. Conveniently
located, just minutes away from Boone, Blowing Rock, and Banner
Elk, NC. For more information and pictures regarding amenities,
visit www.echotanc.com.
The manager has listed the unit size as 1050 square feet.
The manager has listed the unit size as 1050 square feet.
Unit Size
1,050 Ft²
Days on Market
-
Land Size
-
Price per sqft
$228
Property Type
Townhouse
Property Taxes
-
HOA Dues
$80
Year Built
-
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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 |
|---|---|---|---|
| Sep 5, 2022 | No longer available | - | |
| No longer available | |||
| Jul 1, 2022 | Listed | $429,000 | |
| Listed | |||
| | |||
|
Enjoy Grandfather Mountain views from this rare 2BR/2BA level entry condo in Echota, offered fully furnished and turn-key (with few exclusions)! Hardwood floors in the living room, kitchen, and both bathrooms. Carpet in bedrooms. Echota offers many amenities including gated entry, indoor and outdoor pools, clubhouses, fitness centers, bocce ball courts and activity lawn, fishing pond, and river park with walking trails and a picnic pavilion. The property is heavily rented and showing availability is limited. 2021 Gross rental income was $27,166, and YTD (as of August 31, 2022) gross income for 2022 is $16,796.00. The manager has listed the unit size as 1050 square feet.
| |||
| Dec 25, 2019 | No longer available | - | |
| No longer available | |||
| Sep 1, 2019 | Price Decreased |
$239,900
↓ $10K
(4%) | |
| Price Decreased | |||
| Aug 5, 2019 | Relisted | $249,900 | |
| Relisted | |||
Show More
Property Highlights
Fireplace
Air Conditioning
Parking Available
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 |
|---|---|---|---|---|---|---|---|
|
07/01/2022
|
2 Bed
|
2 Bath
|
1050 ft²
|
$429,000
2 Bed
2 Bath
1050 ft²
|
-
-
|
Barbara Thomas
REMAX Hiawassee Realty
| |
|
02/19/2019
|
2 Bed
|
2 Bath
|
1050 ft²
|
$255,000
2 Bed
2 Bath
1050 ft²
|
-
-
|
-
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
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