51 Ferguson Lane
About This Property
Enjoy the serene beauty of the mountains on a spacious, level yard with plenty of parking. Located in the heart of Maggie Valley (Mixed Use Zoning), this home offers both comfort and convenience, with no HOA fees and easy access to the paved, state-maintained Hwy 19 and Moody Farm Rd. roof over Mobile hm.
Inside, the home features an open plan with warm, cabin-style feel, with wood floors in the living room and an inviting kitchen with a stylish island and beautiful cabinetry. The primary bedroom boasts an ensuite bath, while the hall bath has been thoughtfully updated.
Outside, on the covered porch take in stunning mountain views overlooking the golf course and Jonathan Creek. Fenced dog yard.. two carports for parking... Quonset hut provides extra Living space, storage space or shop potential. This property offers a peaceful, rural setting with easy access to town amenities and Greenway walks.
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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 |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jun 30, 2025 | Price Decreased |
$229,900
↓ $5K
(2.2%) | |
| Price Decreased | |||
| May 19, 2025 | Relisted | $235,000 | |
| Relisted | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017