2866 Pope Dr Morganton, NC 28655

3 beds · 2 baths · 1,344 sq ft · Lot Size: 40,075 sq ft · Single Family Home
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High Demand Long-Term RentalLarge Lot AdvantageOwner Age 55 - 65

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2866 Pope Dr 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 1984 and is approximately 41 years old. The single family home spans 1344 sq ft with 3 bedrooms and 2 bathrooms and sits on a 40075 sq ft lot. According to public records, it was sold for $17,900. Analyze and compare real estate investment strategies for properties like this home at 2866 Pope Dr Morganton, NC 28655 with Property Intel by Whitepages.

Investment Potential for 2866 Pope Dr

The property has a current estimated value of $194,794, which is 10% below the zip median, based on public records. It last sold for $17,900. Projected long-term
is $21,600 annually ($1,800 per month) with a 86% occupancy rate.

Long-Term

Gross Rental
$21,600 per year($1,800 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 2866 Pope Dr

This property is owned by Larry E Benfield. Owner contact information includes 6 phone numbers and 5 email addresses.

Property Owners

Cell Phone(828) ***-****
Residence*************
Landline(828) 438-0073+ 3 more
Distance from Property**********
Email Address***********@bellsouth.net
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Property Ownership Information

Property Tax Amount$345 in 2024
Purchase Price$17,900

Occupancy

Resident 1******************** age 32
Resident 2**********

Property Details for 2866 Pope Dr

Property Details

Property Sq Ft

Living Area

1,344 sq ft

Compare to 28655

Lot Size

40,075 sq ft

Compare to 28655

Price Per Sq Ft

Living Area

$145 / sq ft

Compare to 28655

Lot Size Area

$5 / sq ft

Compare to 28655
Compare to Zip Median
Property condition, age, exterior, etc. for 2866 Pope …
Longitude: -81.756572 Latitude: 35.675668 Parcel Number (APN): 30473…
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Recommended Properties in 28655

Discover more single family homes near 2866 Pope Dr 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 2866 Pope Dr in Burke County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$194,794
$275,142
-$80,348 (-29%)
$******
$398,141
-$86,345 (-22%)
YoY Price Change
****%
2.32%
-78%
Year Built
1984
1990
-6 years
Living Space
1,344 sq ft
1,589 sq ft
-245 (-15%)
$ Per Living Sq Ft
$145
$169
-$24 (-14%)
Lot Size
40,075 sq ft
20,473 sq ft
19602 (96%)
$ Per Lot Sq Ft
$5
$17
-$12 (-71%)

Net Operating Income
$*****
$17,038
-$98 (-1%)
Annual Revenue
$21,600
$22,800
-$1,200 (-5%)
$****
$5,773
-$1,113 (-19%)
Net Operating Income
$*****
$17,038
-$98 (-1%)
Cap Rate
****%
6%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians