606 North Carolina Highway 105 Bypass

Boone, NC 28607

$395,000
Last Sold Price
4
Beds
4
Baths
1,552 Sq. Ft.
$255 / Sq. Ft.
1,552
Sq. Ft.
$255
per Sq. Ft.

Closed 11/15/24

Closed 11/15/24

Description

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....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.
  1. Listed by Bob de Camara • Boone Real Estate • 828-265-1021

Property Details for 606 North Carolina Highway 105 Bypass

Architectural Style
Ranch
Parking Features
Asphalt, Driveway, NoGarage
View
Yes
Subdivision Name
None
View
Pasture
LISTING UPDATED: 11/16/2024 09:25 AM

Property Details for 606 North Carolina Highway 105 Bypass

StatusClosed
MLS #251570
Days on Market35
Taxes$1,515 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1963
Lot Size0.17 AC / 7,405 SF
CountyWatauga County

Building Information for 606 North Carolina Highway 105 Bypass

Stories2Year Built1963Building Size-Lot Size0.17 AC / 7,405 SF

Property Information for 606 North Carolina Highway 105 Bypass

Summary
Location and General Information
  • Directions: From Boone's intersection of Hwy 321 (Blowing Rock Road) and Hwy 105, take Hwy 105 south go 2.0 miles to right onto NC Hwy 105 Bypass go 1.4 miles to destination on left.
  • Road Surface Type: Paved
  • Postal Code: 28607
  • Road Responsibility: PublicMaintainedRoad
  • MLS Area Major: 1-Boone, Brushy Fork, New River
Taxes and HOA Information
  • Parcel Number: 1991-81-0035-000
  • Association: No
  • Tax Annual Amount: $1,515
  • Tax Book Number: 2384/539
School Information
  • Elementary School: Hardin Park
  • High School: Watauga
Parking
  • Garage: No
Property
Lot Information
  • Above Grade Finished Area: 1552.0
  • Below Grade Finished Area: 0.0
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Living Area: 1552.0
Property and Assessments
  • Year Built: 1963
  • Documents Available: Disclosures, LeadBasedPaintDisclosure, SellersPropertyDisclosure
  • Human Modified: Yes
Utilities
  • Sewer: PrivateSewer
  • Utilities: CableAvailable, HighSpeedInternetAvailable
  • Water Source: Private
Interior and Exterior Features
Exterior Features
  • Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
  • Construction Materials: VinylSiding, WoodFrame
  • Foundation Details: Basement
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle
Interior Features
  • Levels: Two
  • Stories: 2
  • Stories Total: 2
  • Flooring: CeramicTile, Laminate
  • Basement: Yes
  • Basement: Finished
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 4
  • Rooms Total: 2
  • Cooling: Yes
  • Cooling: CentralAir
  • Heating: Yes
  • Heating: Electric, ForcedAir, HeatPump, Oil
  • Fireplace: No
  • Fireplace Features: None
  • Laundry Features: MainLevel
  • Appliances: Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator
  • Interior Features: SecondKitchen

Property History for 606 North Carolina Highway 105 Bypass

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 606 North Carolina Highway 105 Bypass

Taxable ValueLand$13,800Additions$136,100Total$149,900
Home Facts
Beds3Baths1.5Total Finished SqFt1,242 SqFtAbove Grade Finished SqFt1,242 SqFtStories1Lot Size7,405 SqFtStyleSingle Family ResidenceYear Built1963CountyWATAUGAAPN1991-81-0035-000Fireplace TypeHas Fireplace

Schools near 606 North Carolina Highway 105 Bypass

This home is within Watauga County School District.
Rating
School
Type
Grades
Distance
Cove Creek Elementary
Public - PK to 8
Watauga High
Public - 9 to 12
Watauga Virtual Academy
Public - K to 8
Watauga Innovation Academy
Public - 9 to 12
Rating
School
Distance
Cove Creek Elementary
PublicPK to 8

Watauga High
Public9 to 12

Watauga Virtual Academy
PublicK to 8

Watauga Innovation Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Boone Real Estate

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.