For SaleNeutral Deal151 days on market
226 Sky lake Drive
226 Sky lake Drive, Highlands, NC 28741, Highlands, NC 28741
$1,895,000
Estimate®:$1,778,300
Listing Price
226 Sky lake Drive, Highlands, NC 28741
Loc: Highlands, NC
Days Listed
151
Tax Assessed
$847k
Estimate®
$1778k
Market Rate
Lot Size
0.36 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Highlands School
K-12
1.9 mi away
6
Macon Middle School
7-8
11.5 mi away
3
Mountain View Intermediate School
5-6
11.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
mountain contemporaryelevated deckwood sidinglarge windowsgable roofnatural landscapingsloped terrainsecludedrustic aestheticoutdoor living spacetreed surroundingscovered porchmountain retreat
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.68%
Total ROI
104.1%
Cash Flow
$723/mo
DSCR
1.07
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $723/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.7%)
- • Strong rental demand in Highlands
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-15 | Price change | $1,895,000 | – |
| 2026-04-25 | Listed for sale | $1,995,000 | – |
| 2026-04-13 | Listing removed | $1,995,000 | – |
| 2025-10-27 | Price change | $1,995,000 | – |
| 2025-10-03 | Price change | $2,295,000 | – |
| 2025-06-24 | Price change | $2,375,000 | – |
| 2025-05-29 | Listed for sale | $2,500,000 | – |
| 2016-12-30 | Sold | $344,000 | – |
| 2016-11-25 | Pending sale | $399,000 | – |
| 2016-10-04 | Price change | $399,000 | – |
| 2016-07-02 | Price change | $425,000 | – |
| 2016-03-28 | Listed for sale | $485,000 | – |
| 1998-08-21 | Sold | $290,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,569.14 | $847,160 |
| 2024 | $2,569.14 | $847,160 |
| 2023 | $2,557.14 | $847,160 |
| 2022 | $2,464.49 | $548,020 |
| 2021 | $2,464.49 | $548,020 |
| 2020 | $2,325.84 | $548,020 |
| 2019 | $1,769.73 | $413,820 |
| 2018 | $1,769.73 | $524,990 |
| 2017 | $1,983.92 | $524,990 |
| 2016 | $1,983.92 | $524,990 |
| 2015 | $1,983.92 | $524,990 |
| 2014 | $1,960.92 | $662,020 |
| 2013 | $1,960.92 | $662,020 |
| 2012 | $0 | $662,020 |
| 2011 | $0 | $662,020 |
| 2010 | $0 | $662,020 |
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