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Ashe 28643
782 N Fork New River Road
$430,000
● House - Off Market

782 N Fork New River Road

Lansing, NC 28643
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,085 Ft²
$2,156
Est. Monthly

About This Property

The driveway offers ample parking, and the 2-5 acre lot, mostly pasture, provides plenty of space for outdoor activities and enjoying the natural beauty of the area. This home is a true gen for those seeking comfort, space, and a scenic riverside retreat. 1 septic permit on the 2.4 acres and 1 septic in place with the house which they can not find currently House does not have a working heat pump at this time waiting on the HVAC Guys to give results as to what is wrong but home has propane fireplace and propane wall units
Unit Size
2,085 Ft²
Days on Market
-
Land Size
2.48 acres
Price per sqft
$211
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006

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Cap Rate Calculator

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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: 3 years ago (CANOPYMLS #CAR4169970)

Price History

Date / Event Date Event Price
Sep 10, 2024 Sold
Premium
Sold
Aug 7, 2024 Listed by Regency One Inc $439,000
Listed by Regency One Inc

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 17
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 108,029
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,426
  • Building Area: 2,426
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,426
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANKLIN REAL ESTATE
  • Land Acres: 0000002480
  • Standard Land Use Code: 1016
  • County Land Use Code: 92
  • Legal Description 1: 2.48 A FROM FRANKLIN REAL ESTATE CO RT 1513 (RURAL

Neighborhood

  • School District Name: Ashe County Schools
  • School Tax School District: 14
  • School Tax District Code 2: 2918
  • Census Tract: 970802

Geography

  • Account Number: 87180
  • Parcel: 18294017
  • Municipality: WALNUT HILL
  • Latitude: 36.48
  • Longitude: -81.4418

    Address

  • Full Address: 782 N Fork New River Rd
  • Address - House Number: 782
  • Street Direction: N
  • Address - Street Name: Fork New River
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Lansing
  • Carrier Code: R002
  • 4-Digit Zip Code: 9131
  • Zip Code: 28643

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $211,932

    Appraisal Valuation

  • Standard Deviation: 0.2669
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 61
  • Final Value: 480,596
  • High Value: 608,878
  • Low Value: 352,315

    Market Valuation

  • Market Total Value: $420,500
  • Market Land Value: $39,800
  • Market Improvement Value: $380,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $420,500
  • Assessed Land Value: $39,800
  • Assessed Improvements Value: $380,700
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ashe

Stats & Trends

Median Asking:

$505,000

Sale Price/ft²

$300

Below Asking

0.03%

Average Days on Market

89

Average Home Size

2627 ft²

Average Home Age

27.4 years

Currently For Sale

30 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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CANOPYMLS

Listed by: Andrea Reeves-Witherspoon, Regency One Inc
Last Updated: 3 years ago
Data Source: CANOPYMLS, MLS# CAR4169970
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.

Frequently Asked Questions

When was property at 782 North Fork New River Road built and last sold?
The property at 782 North Fork New River Road was built in 2006 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 782 North Fork New River Road is $0.
What are some comparable homes to 782 North Fork New River Road?
There are currently no comparable homes to 782 North Fork New River Road.
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