For SaleRisky Deal111 days on market
56 Ridge Trail
56 Ridge Trail, Highlands, NC 28741, Highlands, NC 28741
$1,395,000
Estimate®:$1,329,700
Listing Price
56 Ridge Trail, Highlands, NC 28741
Loc: Highlands, NC
Days Listed
111
Tax Assessed
$850k
Estimate®
$1330k
Market Rate
Lot Size
0.57 acres
Rent Estimate
$5,380/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Highlands School
K-12
3.3 mi away
6
Macon Middle School
7-8
11.1 mi away
3
Mountain View Intermediate School
5-6
11.3 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
wooden deckmountain viewoutdoor seatingbuilt-in benchrusticforested landscapeautumn foliagebalconynatural surroundingstranquilwood constructionscenic overlook
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.73%
Total ROI
18.1%
Cash Flow
$-4,070/mo
DSCR
0.44
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-4,070/mo net cash flow with a 2.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Highlands, NC
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-11 | Listed for sale | $1,395,000 | – |
| 2026-08-30 | Contingent | $1,395,000 | – |
| 2026-06-04 | Listed for sale | $1,395,000 | – |
| 2026-06-02 | Listing removed | $1,399,000 | – |
| 2026-01-06 | Price change | $1,399,000 | – |
| 2025-11-08 | Listed for sale | $1,450,000 | – |
| 2025-06-02 | Sold | $840,000 | – |
| 2025-05-14 | Pending sale | $899,995 | – |
| 2025-04-16 | Contingent | $899,995 | – |
| 2025-03-31 | Price change | $899,995 | – |
| 2024-12-10 | Listed for sale | $930,000 | – |
| 2020-08-28 | Sold | $430,000 | – |
| 2020-06-17 | Pending sale | $468,000 | – |
| 2019-12-28 | Price change | $468,000 | – |
| 2019-11-14 | Price change | $493,000 | – |
| 2018-11-06 | Listed for sale | $498,000 | – |
| 2018-10-22 | Pending sale | $498,000 | – |
| 2018-06-15 | Listed for sale | $498,000 | – |
| 2018-06-01 | Pending sale | $498,000 | – |
| 2018-02-25 | Listed for sale | $498,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,577.79 | $850,150 |
| 2024 | $2,577.79 | $850,150 |
| 2023 | $2,565.79 | $850,150 |
| 2022 | $1,871.43 | $410,100 |
| 2021 | $1,871.43 | $410,100 |
| 2020 | $1,767.67 | $410,100 |
| 2019 | $1,754.67 | $410,100 |
| 2018 | $1,754.67 | $428,010 |
| 2017 | $1,634.98 | $428,010 |
| 2016 | $1,634.98 | $428,010 |
| 2015 | $1,634.98 | $428,010 |
| 2014 | $1,611.98 | $417,920 |
| 2013 | $1,611.98 | $417,920 |
| 2012 | $0 | $417,920 |
| 2011 | $0 | $417,920 |
| 2010 | $0 | $417,920 |
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