Best student rental property in town! Seller represents he believes he can obtain $950, $850, $800 and $750 per month per room upstairs and currently rents entire lower level for $1000 per month. If seller's upstairs projections are correct, it would amount to an annual income of $52,200 which would translate to a 13+% CAP RATE! Entire home has been updated with high-end bathrooms. Plenty of room for parking, large back deck and nice yard wraps entire property. High end ceramic tile and bath fixtures. One-level living on main walk-in level including three beds and full baths. Bonus is downstairs has been beautifully renovated with just about as much space and more upscale improvements. Cannot count because ceiling height is below 7' but appears it could also be rentable bedrooms or separate level. Great opportunity for anyone looking for easy access to ASU and plenty of space for lots of people. See to believe. Buyer and buyer's agent are reponsible for their own financial due diligence and cap rate analysis and listing agency makes no representation about current or future income performance.
Sold for $395,000 on 11/15/24
$395,000
606 Nc Highway 105 Bypass, Boone, NC 28607
4beds
1,552sqft
Single Family Residence
Built in 1963
7,405.2 Square Feet Lot
$497,300 Zestimate®
$255/sqft
$2,566 Estimated rent
Home value
$497,300
$458,000 - $542,000
$2,566/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 16, 2024 at 06:25am
Listed by:
Bob de Camara 828-265-1021,
Boone Real Estate
Bought with:
Madison Doble, 342749
Keller Williams High Country
Source: High Country AOR,MLS#: 251570
Originating MLS: High Country Association of Realtors Inc.
Originating MLS: High Country Association of Realtors Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Forced Air, Heat Pump, Oil
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
- Laundry: Main Level
Features
- Second Kitchen
- Basement: Finished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,552
- Total interior livable area: 1,552 sqft
- Finished area above ground: 1,552
- Finished area below ground: 0
Property
Parking
- Parking features: Asphalt, Driveway, No Garage
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open
- Has view: Yes
- View description: Pasture
Lot
- Size: 7,405 sqft
Details
- Parcel number: 1991810035000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Foundation: Basement
- Roof: Asphalt,Shingle
Condition
- Year built: 1963
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
- Utilities for property: Cable Available, High Speed Internet Available
Community & neighborhood
Community
- Community features: Long Term Rental Allowed, Short Term Rental Allowed
Location
- Region: Boone
- Subdivision: None
Other
Other facts
- Listing terms: Cash,New Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2024 | Sold | $395,000-1.2%$255/sqft |
Source:  High Country AOR #251570 | ||
| 9/23/2024 | Pending sale | $399,900$258/sqft |
Source: High Country AOR #251570 | ||
| 9/3/2024 | Price change | $399,900-4.8%$258/sqft |
Source: High Country AOR #251570 | ||
| 8/26/2024 | Price change | $419,900-6.7%$271/sqft |
Source: High Country AOR #251570 | ||
| 8/19/2024 | Listed for sale | $450,000+5.9%$290/sqft |
Source: High Country AOR #251570 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $669 | $149,900 |
| 2023 | $669 +3.5% | $149,900 |
| 2022 | $647 -13.6% | $149,900 +3.8% |
Find assessor info on the county website
Neighborhood: 28607
Nearby schools
GreatSchools rating
- 7/10Cove Creek ElementaryGrades: PK-8Distance: 2.9 mi
- 8/10Watauga HighGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: Hardin Park
- High: Watauga
Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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