106 Brookwood Pl A Morganton, NC 28655

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2 beds · 3 baths · 2,208 sq ft · Lot Size: 9,148 sq ft · Multi-Family Home (2 - 4 units)
Est. Property Value: $232,693

Valued above Market MedianOwner Age 55 - 65

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106 Brookwood Pl A is in the 28655 neighborhood of Morganton, NC. It is located in Burke County and ZIP code 28655. This Multi-Family Home (2 - 4 units) was built in 2000 and is approximately 25 years old. The multi-family home (2 - 4 units) spans 2208 sq ft with 2 bedrooms and 3 bathrooms and sits on a 9148 sq ft lot. According to public records, it has a tax-assessed value of $226,428, which is $105 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 106 Brookwood Pl A Morganton, NC 28655 with Property Intel by Whitepages.

Investment Potential for 106 Brookwood Pl A

The property has a current estimated value of $232,693, which is 68% above the zip median. Projected long-term rental income is $31,200 annually ($2,600 per month) with a 86% occupancy rate.

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Long-Term

Gross Rental
$31,200 per year($2,600 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
86%in 28655 zip code
 
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Owners & Occupancy for 106 Brookwood Pl A

This property is owned by Barry D Long. Owner contact information includes 7 phone numbers and 5 email addresses.

Property Owners

Cell Phone(828) ***-****View Cell Phone
Residence*************
Landline(251) 843-6338
Distance from Property**********
Email Address********@gmail.comView Email
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Property Ownership Information

Property Tax Amount$1,454 in 2024

Occupancy

Current Occupancy******View Occupancy

Property Details for 106 Brookwood Pl A

Property Details

Property Sq Ft

Living Area

2,208 sq ft

62% above market

Lot Size

9,148 sq ft

46% below market

Price Per Sq Ft

Living Area

$105 / sq ft

22% above market

Lot Size Area

$25 / sq ft

222% above market

Property condition, age, exterior, etc. for 106 Brookw…
Longitude: -81.722542 Latitude: 35.73482 Parcel Number (APN): 1500…

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Discover more multi-family homes near 106 Brookwood Pl A in Morganton, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 106 Brookwood Pl A in Burke County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$232,693
$141,299
$91,394 (65%)
—
—
—
YoY Price Change
—
—
—
Year Built
2000
1970
30 years
Living Space
2,208 sq ft
1,296 sq ft
912 (70%)
$ Per Living Sq Ft
$105
$106
-$1 (-1%)
Lot Size
9,148 sq ft
7,405 sq ft
1743 (24%)
$ Per Lot Sq Ft
$25
$16
$9 (58%)

Net Operating Income
$*****
$17,455
$6,408 (37%)
Annual Revenue
$31,200
$23,400
$7,800 (33%)
$****
$4,844
$2,493 (51%)
Net Operating Income
$*****
$17,455
$6,408 (37%)
Cap Rate
****%
11.5%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Multi-Family Home (2 - 4 units) Medians

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