For SaleRisky Deal119 days on market
1217 Cullasaja Drive
1217 Cullasaja Drive, Highlands, NC 28741, Highlands, NC 28741
$975,000
Estimate®:$937,400
Listing Price
1217 Cullasaja Drive, Highlands, NC 28741
Loc: Highlands, NC
Days Listed
119
Tax Assessed
$943k
Estimate®
$937k
Market Rate
Lot Size
0.79 acres
Rent Estimate
$4,647/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
1.4 mi away
6
Macon Middle School
7-8
11 mi away
3
Mountain View Intermediate School
5-6
11.2 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
log cabinrusticwood sidinggabled roofwraparound porchforest settingcozywoodlandnature retreatdecksecludedmountain style
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.28%
Total ROI
30.2%
Cash Flow
$-2,393/mo
DSCR
0.53
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,393/mo net cash flow with a 3.3% 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 | Price change | $975,000 | – |
| 2026-05-27 | Listed for sale | $1,300,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,809.37 | $942,850 |
| 2024 | $3,809.37 | $942,850 |
| 2023 | $3,797.37 | $942,850 |
| 2022 | $3,072.76 | $505,500 |
| 2021 | $3,072.76 | $505,500 |
| 2020 | $2,944.87 | $505,500 |
| 2019 | $2,931.87 | $505,500 |
| 2018 | $2,996.28 | $553,890 |
| 2017 | $0 | $553,890 |
| 2016 | $0 | $553,890 |
| 2015 | $2,996.28 | $553,890 |
| 2014 | $2,973.28 | $716,450 |
| 2013 | $2,973.28 | $716,450 |
| 2012 | $0 | $716,450 |
| 2011 | $0 | $716,450 |
| 2010 | $0 | $716,450 |
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