202 Stephens Dr Morganton, NC 28655

3 beds · 1 bath · 1,025 sq ft · Lot Size: 10,019 sq ft · Single Family Home
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202 Stephens 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 1985 and is approximately 40 years old. The single family home spans 1025 sq ft with 3 bedrooms and 1 bathroom and sits on a 10019 sq ft lot. According to public records, it was sold for $40,150. Analyze and compare real estate investment strategies for properties like this home at 202 Stephens Dr Morganton, NC 28655 with Property Intel by Whitepages.

Investment Potential for 202 Stephens Dr

The property has a current estimated value of $204,832, which is 5% below the zip median, based on public records. It last sold for $40,150. Projected long-term
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 202 Stephens Dr

This property is owned by Vivian J Cantor. Owner contact information includes 4 phone numbers and 5 email addresses.

Property Owners

Cell Phone(828) ***-****
Residence*************
Landline(718) 642-6449+ 1 more
Distance from Property**********
Email Address************@yahoo.com
Cell Phone(828) ***-****
Residence*************
Landline(718) 642-6449+ 1 more
Distance from Property**********
Email Address*********@yahoo.com

Property Ownership Information

Property Tax Amount$849 in 2024
Purchase Price$40,150

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 82
Resident 2*************** age 77

Property Details for 202 Stephens Dr

Property Details

Property Sq Ft

Living Area

1,025 sq ft

Compare to 28655

Lot Size

10,019 sq ft

Compare to 28655

Price Per Sq Ft

Living Area

$200 / sq ft

Compare to 28655

Lot Size Area

$20 / sq ft

Compare to 28655
Property condition, age, exterior, etc. for 202 Stephe…
Longitude: -81.672282 Latitude: 35.747014 Parcel Number (APN): 40536…
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Market Benchmarks

Compare data for 202 Stephens Dr in Burke County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$204,832
$275,142
-$70,311 (-26%)
$398,141
-$70,279 (-18%)
YoY Price Change
2.32%
538%
Year Built
1985
1990
-5 years
Living Space
1,025 sq ft
1,589 sq ft
-564 (-35%)
$ Per Living Sq Ft
$200
$169
$31 (18%)
Lot Size
10,019 sq ft
20,473 sq ft
-10454 (-51%)
$ Per Lot Sq Ft
$20
$17
$4 (23%)

Net Operating Income
$17,038
-$2,750 (-16%)
Annual Revenue
$19,200
$22,800
-$3,600 (-16%)
$5,773
-$861 (-15%)
Net Operating Income
$17,038
-$2,750 (-16%)
Cap Rate
6%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians