115 Air Park Dr Morganton, NC 28655

3 beds · 2 baths · 1,056 sq ft · Lot Size: 10,019 sq ft · Single Family Home
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115 Air Park 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 2002 and is approximately 23 years old. The single family home spans 1056 sq ft with 3 bedrooms and 2 bathrooms and sits on a 10019 sq ft lot. Analyze and compare real estate investment strategies for properties like this home at 115 Air Park Dr Morganton, NC 28655 with Property Intel by Whitepages.

Investment Potential for 115 Air Park Dr

The property has a current estimated value of $168,321, which is 22% below 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 115 Air Park Dr

This property is owned by Joan E McKinney. Owner contact information includes 3 phone numbers and 2 email addresses.

Property Owners

Residence*************
Landline(828) 438-1776+ 2 more
Distance from Property**********
Email Address*******@nc.rr.com

Property Ownership Information

Property Tax Amount$272 in 2024

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 89

Property Details for 115 Air Park Dr

Property Details

Property Sq Ft

Living Area

1,056 sq ft

Compare to 28655

Lot Size

10,019 sq ft

Compare to 28655

Price Per Sq Ft

Living Area

$159 / sq ft

Compare to 28655

Lot Size Area

$17 / sq ft

Compare to 28655
Property condition, age, exterior, etc. for 115 Air Pa…
Longitude: -81.721537 Latitude: 35.736864 Parcel Number (APN): 57174…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Recommended Properties in 28655

Discover more single family homes near 115 Air Park 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 115 Air Park Dr in Burke County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$168,321
$275,142
-$106,822 (-39%)
$398,141
-$128,720 (-32%)
YoY Price Change
2.32%
732%
Year Built
2002
1990
12 years
Living Space
1,056 sq ft
1,589 sq ft
-533 (-34%)
$ Per Living Sq Ft
$159
$169
-$10 (-6%)
Lot Size
10,019 sq ft
20,473 sq ft
-10454 (-51%)
$ Per Lot Sq Ft
$17
$17
$0 (1%)

Net Operating Income
$17,038
-$1,911 (-11%)
Annual Revenue
$19,200
$22,800
-$3,600 (-16%)
$5,773
-$1,700 (-29%)
Net Operating Income
$17,038
-$1,911 (-11%)
Cap Rate
6%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians