9147 Shortoff View Terrace
About This Property
Every detail has been curated with care, from the quality construction and open-concept living areas to the warm, inviting aesthetic that makes this property feel like a true mountain sanctuary. And it's being sold fully furnished - just bring your bags. The unfinished basement, already plumbed for a bathroom, offers significant upside to finish as a guest suite, bunk room, or game room.
Pisgah Preserve features scenic walking trails, a charming reading cabin, and a picnic area - everything you need to embrace the mountain lifestyle without sacrificing privacy or security. Minutes from Lake James State Park for boating, kayaking, and hiking, and just an hour from Asheville and roughly 1.5 hours from Charlotte, the location is hard to beat. Linville Gorge, the "Grand Canyon of the East," is practically at your doorstep.
Approved for short-term rentals and turnkey ready, this cabin is primed to perform as a vacation rental from day one - or simply serve as the mountain escape you've always dreamed of.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017