For SaleNeutral Deal0 days on market
121 Sassafras Gap Road
121 Sassafras Gap Road, Highlands, NC 28741, Highlands, NC 28741
$699,000
Estimate®:$255,000
Listing Price
121 Sassafras Gap Road, Highlands, NC 28741
Loc: Highlands, NC
Days Listed
0
Tax Assessed
$276k
Estimate®
$255k
Market Rate
Lot Size
3.41 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
2.3 mi away
6
Macon Middle School
7-8
13.9 mi away
3
Mountain View Intermediate School
5-6
14.1 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
rusticmountain cabinelevated deckwood exteriorscenic viewsmulti-levelbalconynatural settingprivate retreatsecludedcabin architectureoutdoor living spaceserene atmosphere
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.73%
Total ROI
105.0%
Cash Flow
$291/mo
DSCR
1.08
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $291/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 |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $699,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $918.87 | $276,330 |
| 2024 | $918.87 | $276,330 |
| 2023 | $906.87 | $276,330 |
| 2022 | $4,641.02 | $127,860 |
| 2021 | $657.8 | $127,860 |
| 2020 | $625.45 | $127,860 |
| 2019 | $612.45 | $127,860 |
| 2018 | $612.45 | $132,460 |
| 2017 | $571.6 | $132,460 |
| 2016 | $571.6 | $132,460 |
| 2015 | $571.6 | $132,460 |
| 2014 | $548.6 | $159,390 |
| 2013 | $548.6 | $159,390 |
| 2012 | $0 | $159,390 |
| 2011 | $0 | $159,390 |
| 2010 | $0 | $159,390 |
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