3427 Jamestown Rd Morganton, NC 28655

3 beds · 1 bath · 1,514 sq ft · Lot Size: 19,166 sq ft · Single Family Home
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3427 Jamestown Rd is in the 28655 neighborhood of Morganton, NC. It is located in Burke County and ZIP code 28655. This Single Family Home was built in 1974 and is approximately 51 years old. The single family home spans 1514 sq ft with 3 bedrooms and 1 bathroom and sits on a 19166 sq ft lot. Analyze and compare real estate investment strategies for properties like this home at 3427 Jamestown Rd Morganton, NC 28655 with Property Intel by Whitepages.

Investment Potential for 3427 Jamestown Rd

The property has a current estimated value of $150,658, which is 30% below the zip median. Projected long-term rental income is $22,800 annually ($1,900 per month) with a 86% occupancy rate.

Long-Term

Gross Rental
$22,800 per year($1,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 28655 zip code
 
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Owners & Occupancy for 3427 Jamestown Rd

This property is owned by Bobby A Johnson. Owner contact information includes 2 phone numbers and 5 email addresses.

Property Owners

Cell Phone(828) ***-****
Residence*************
Landline(828) 584-2254
Distance from Property**********
Email Address*****************@yahoo.com

Property Ownership Information

Property Tax Amount$826 in 2024

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 73
Resident 2***************** age 71
Resident 3*************** age 76
Resident 4*************** age 76

Property Details for 3427 Jamestown Rd

Property Details

Property Sq Ft

Living Area

1,514 sq ft

Compare to 28655

Lot Size

19,166 sq ft

Compare to 28655

Price Per Sq Ft

Living Area

$100 / sq ft

Compare to 28655

Lot Size Area

$8 / sq ft

Compare to 28655
Property condition, age, exterior, etc. for 3427 James…
Longitude: -81.824335 Latitude: 35.688753 Parcel Number (APN): 29672…
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Market Benchmarks

Compare data for 3427 Jamestown Rd in Burke County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$150,658
$275,142
-$124,484 (-45%)
$398,141
-$156,991 (-39%)
YoY Price Change
2.32%
1025%
Year Built
1974
1990
-16 years
Living Space
1,514 sq ft
1,589 sq ft
-75 (-5%)
$ Per Living Sq Ft
$100
$169
-$69 (-41%)
Lot Size
19,166 sq ft
20,473 sq ft
-1307 (-6%)
$ Per Lot Sq Ft
$8
$17
-$9 (-53%)

Net Operating Income
$17,038
$776 (5%)
Annual Revenue
$22,800
$22,800
$0 (0%)
$5,773
-$787 (-14%)
Net Operating Income
$17,038
$776 (5%)
Cap Rate
6%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians