For SaleRisky Deal61 days on market
701 Foreman Road
701 Foreman Road, Highlands, NC 28741, Highlands, NC 28741
$850,000
Estimate®:$826,000
Listing Price
701 Foreman Road, Highlands, NC 28741
Loc: Highlands, NC
Days Listed
61
Tax Assessed
$1014k
Estimate®
$826k
Market Rate
Lot Size
0.79 acres
Rent Estimate
$2,178/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
1.2 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
ranch stylestone exteriorwood sidingdetached garagestone retaining wallsheavily woodeddrivewaysecludedbrick chimneylandscapedrusticasphalt drivewaysingle-storynature-inspired
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.06%
Total ROI
-18.0%
Cash Flow
$-3,657/mo
DSCR
0.17
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-3,657/mo net cash flow with a 1.1% 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 |
|---|---|---|---|
| 2026-09-01 | Listed for sale | $850,000 | – |
| 2026-07-30 | Pending sale | $850,000 | – |
| 2026-07-30 | Contingent | $850,000 | – |
| 2026-07-25 | Listed for sale | $850,000 | – |
| 2010-10-08 | Sold | $425,000 | – |
| 2010-05-03 | Listed for sale | $468,000 | – |
| 2010-01-09 | Listing removed | $499,000 | – |
| 2009-11-25 | Listed for sale | $499,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,086.22 | $1,013,600 |
| 2024 | $4,086.22 | $1,013,600 |
| 2023 | $4,074.22 | $1,013,600 |
| 2022 | $2,347.38 | $381,820 |
| 2021 | $2,347.38 | $381,820 |
| 2020 | $2,250.78 | $381,820 |
| 2019 | $2,237.78 | $381,820 |
| 2018 | $2,237.78 | $394,480 |
| 2017 | $2,161.29 | $394,480 |
| 2016 | $2,161.29 | $394,480 |
| 2015 | $2,161.29 | $394,480 |
| 2014 | $2,138.29 | $381,490 |
| 2013 | $2,138.29 | $381,490 |
| 2012 | $0 | $381,490 |
| 2011 | $0 | $381,490 |
| 2010 | $0 | $381,490 |
Similar Properties Nearby
Explore other investment opportunities in Highlands.