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Map
574 and 576 Paint Fork Road
About This Property
Presenting a unique opportunity at 574 and 576 Paint Fork, Barnardsville: two residences on one parcel, plus an additional separate lot, all offered together and sold as-is.
This 0.62-acre residential parcel features two mailing addresses and one PIN. The site-built home at 574 Paint Fork Road includes 2 bedrooms, 1 bathroom, and 651 square feet. The 1994 Horton mobile home at 576 Paint Fork Road offers 3 bedrooms and 2 bathrooms. Both residences share a well.
Additionally, the parcel includes a separate garage and two storage sheds. The second parcel is approximately 0.70 acres and has its own driveway, a 18-by-26-foot metal garage with electricity. In total, the combined properties offer around 1.32 acres.
This is an exceptional opportunity for an investor looking for multiple residences, renovation potential, and storage or workshop space all in one package.
Please see the attachments for more information. Note that the tenant currently residing at 574 is on a month-to-month lease and would like to remain as a renter.
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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 30, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Listed by Love The Green Real Estate Consulting Firm | $325,000 | |
| Listed by Love The Green Real Estate Consulting Firm | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017