$135,000
●
Land -
Off Market
Lot 66 Sandy Lane
Brevard, NC 28712
Studio
0 Bath
$769
Est. Monthly
$42
HOA / Fees
About This Property
Incredible mountain lot with VIEWS of Headwaters State Forest. The
current owner cleared out the building site and developed the
driveway going down to the gentle knoll. The building site is
perfectly perched at the end of the knoll will land sloping off the
back and sides providing the potential for year round views. There
is also potential to build a trail down the left side of the
property to the stream. The community of Big Hill is beautifully
wooded with an emphasis on protecting the natural surroundings
creating a nature lover's paradise in Brevard, NC. The community
has several different styles of high-end mountain homes built
throughout from mountain modern to rustic log homes. It's the
perfect spot for anyone looking to build a private custom home in
the Blue Ridge Mountains.
Unit Size
-
Days on Market
-
Land Size
5.72 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$42
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.
Last updated: 2 years ago (CANOPYMLS #CAR4213870)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by Looking Glass Realty | $148,000 | |
| Listed by Looking Glass Realty | |||
| Jan 9, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 1, 2023 | Listed by Looking Glass Realty | $148,000 | |
| Listed by Looking Glass Realty | |||
| | |||
|
Incredible mountain lot with VIEWS of Headwaters State Forest. The current owner cleared out the building site and developed the driveway going down to the gentle knoll. The building site is perfectly perched at the end of the knoll will land sloping off the back and sides providing the potential for year round views. There is also potential to build a trail down the left side of the property to the stream. The community of Big Hill is beautifully wooded with an emphasis on protecting the natural surroundings creating a nature lover's paradise in Brevard, NC. The community has several different styles of high-end mountain homes built throughout from mountain modern to rustic log homes. It's the perfect spot for anyone looking to build a private custom home in the Blue Ridge Mountains.
| |||
Property Highlights
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Sold On
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HOA + Taxes
About Transylvania
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Listed by: Paul Wilander, Looking Glass Realty
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4213870
Last Updated: 2 years ago
Data Source: CANOPYMLS, MLS# CAR4213870
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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