Description
222 Snowy Oak,
Boone,
NC
28607
This is a masterpiece student rental property. Seller represents that he believes he could obtain $48,600 in annual rental income in three rooms upstairs and two downstairs. If that were accurate it would represent an 11.5% CAP RATE! Owner has entirely renovated so it's completely turnkey. The fit and finish will take your breath away. Some of the finest floor tile and high-end bath and kitchen work we've seen. Four bedrooms and three high-end baths on the main level. Downstairs is another roughly thousand square feet we can't count because it's a separate entrance from main living level. If you've got a student at ASU who needs housing, you've just found your dream come true! If you're looking for something with ApalCart access to campus, check out 606 Hwy 105 Bypass in Boone. 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.
This is an Active listing.
Broker Office Phone Number: 828-265-1021
Copyright © 2024High Country Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Boone Real Estate via Data Source: High Country Association of Realtors
Single Family
Property type
Price History
date | price | variance | type |
---|
9/12/2024 | $409,900 | 2.38 % | decreased |
8/25/2024 | $419,900 | - | Listed |
listing agent: Bob de Camara