10 Gardening Frog Trail $1,199,999

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    10 Gardening Frog Trail Waynesville, NC 28785

    • 6 Beds
    • 0 Baths
    • 2,374 sq. ft.
    • Multi-Family
    • MLS# 3764438
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    Views: 18 Days On Site: 59

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    Property Details

    Description Tours Print

    Video: https://youtu.be/EE3sY1Q6aJc This gorgeous 2.14 acre income producing farm is an investors dream. Since 2007 two of the rentals are Superhost and Premier Host on VRBO and AirBNB. The third rental is month to month and typically goes for $1,200 a month. The farm comes with staff ready to continue on the 3 rentals, multiple ponds, Goldfish, Koi, ducks, chickens, and a organic soil business. In addition to all of the above, there is a vegetable garden (with asparagus and blueberry garden), edible landscaping and an heirloom orchard with Apples, Pears, Peaches, Nuts, Elderberries, Figs, Raspberries, Blackberries, Grapes, and more! Chemical free and filtered water irrigates the entire farm with a Netafin irrigation system. An attached greenhouse produces food year round. Egg producing chickens leave plenty for you to share with your guests. No water damage from rains NOI was approximately $162,000 in 2020 and easily reach $200,000 NOI a year. Cap Rate: 12.5%

    • General Features
      • New Construction Y/N false
      • Pets Allowed Yes
      • Year Built 2015
    • Building Features
      • Building Area Total 2374
      • Bedrooms Total 6
      • Below Grade Finished Area 0
      • Appliances Ceiling Fan(s), Dishwasher, Dryer, Electric Dryer Hookup, Refrigerator, Washer
      • Full Bathrooms 4
      • Flooring Laminate, Tile, Wood
      • Heating Wall Unit(s), Wall Unit(s), Window Unit(s)
      • Living Area 2374
    • Property Features
      • Lot Features Creek Front,Level,Pond(s),Creek/Stream,See Remarks
      • Sewer Septic Installed
      • Road Surface Type Gravel
      • Parking Features Carport - 1 Car,Parking Space - 4+,RV Parking,Other
    • Schools
      • Middle Or Junior School Unspecified
      • High School Unspecified
      • Elementary School Unspecified

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    Neighborhood

    28785 (Waynesville) Demographics

    45 Median Age
    51 Population Density (per sq. mile)
    40% College Educated
    $49,809 Estimated Median Income
    2,430 Estimated Total Home Owners
    707 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    7,735 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $303,500 Median Sales Price
    24 Homes Sold
    21 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,199,999
        8/30/2021 9:57:31 AM Price Reduced Source: Multiple Listing Service New Value: $1,199,999 -7.69%
        7/21/2021 12:22:00 PM New in Database Source: Multiple Listing Service New Value: $1,300,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        IDX Based on information submitted to the MLS GRID as of 9/18/2021 7:00:24 AM. 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. © 2021

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.