3075 Perkins Ave Morganton, NC 28655

2 beds · 1 bath · 962 sq ft · Lot Size: 20,909 sq ft · Single Family Home
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3075 Perkins Ave 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 1959 and is approximately 66 years old. The single family home spans 962 sq ft with 2 bedrooms and 1 bathroom and sits on a 20909 sq ft lot. Analyze and compare real estate investment strategies for properties like this home at 3075 Perkins Ave Morganton, NC 28655 with Property Intel by Whitepages.

Investment Potential for 3075 Perkins Ave

The property has a current estimated value of $168,032, which is 6% above the zip median. Projected long-term rental income is $19,200 annually ($1,600 per month) with a 86% occupancy rate.

Long-Term

Gross Rental
$19,200 per year($1,600 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 28655 zip code
 
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Owners & Occupancy for 3075 Perkins Ave

This property is owned by C S Brown. Owner contact information includes 4 phone numbers and 4 email addresses.

Property Owners

Cell Phone(704) ***-****
Residence*************
Landline(828) 437-4609+ 1 more
Distance from Property**********
Email Address****************@gmail.com

Property Ownership Information

Property Tax Amount$644 in 2024

Occupancy

Resident 1************* age 74

Property Details for 3075 Perkins Ave

Property Details

Property Sq Ft

Living Area

962 sq ft

Compare to 28655

Lot Size

20,909 sq ft

Compare to 28655

Price Per Sq Ft

Living Area

$175 / sq ft

Compare to 28655

Lot Size Area

$8 / sq ft

Compare to 28655
Property condition, age, exterior, etc. for 3075 Perki…
Longitude: -81.771927 Latitude: 35.793498 Parcel Number (APN): 29616…
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Market Benchmarks

Compare data for 3075 Perkins Ave in Burke County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$168,032
$198,670
-$30,638 (-15%)
$293,290
-$24,331 (-8%)
YoY Price Change
2.49%
2062%
Year Built
1959
1962
-3 years
Living Space
962 sq ft
1,100 sq ft
-138 (-13%)
$ Per Living Sq Ft
$175
$166
$8 (5%)
Lot Size
20,909 sq ft
16,553 sq ft
4356 (26%)
$ Per Lot Sq Ft
$8
$17
-$9 (-51%)

Net Operating Income
$15,697
-$939 (-6%)
Annual Revenue
$19,200
$19,800
-$600 (-3%)
$4,218
$224 (5%)
Net Operating Income
$15,697
-$939 (-6%)
Cap Rate
7.57%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians