96130 Cape Ferrelo Road

Brookings, OR 97415

$949,000
Price
Beds
3,146 Sq. Ft.
$302 / Sq. Ft.
3,146
Sq. Ft.
$302
per Sq. Ft.

Description

This rare jewel, a FLAT 5 acre property, with a view, and three units in desirable, quickly appreciating, Cape Ferrelo! You could do anything here - BnB, family compound, income property - it has been all three. There are two spacious unfinished spaces, one downstairs in the main, and one above the oversized 3 car garage, which you could probably improve for more units. All existing units have kitchen, laundry, and outside entrances. The cottage is a two bedroom, one bath renting for 1675. The main...This rare jewel, a FLAT 5 acre property, with a view, and three units in desirable, quickly appreciating, Cape Ferrelo! You could do anything here - BnB, family compound, income property - it has been all three. There are two spacious unfinished spaces, one downstairs in the main, and one above the oversized 3 car garage, which you could probably improve for more units. All existing units have kitchen, laundry, and outside entrances. The cottage is a two bedroom, one bath renting for 1675. The main house has a fully self contained apartment, renting as high as 1450, or open the connecting door and you have a 3 bedroom home with a den, plus a 2 bedroom cottage. You could live here and rent out one or two units, rent all three, or do a BnB. This property has amazing infrastructure - a good well with water storage, new septic, new heat pump, one new roof, and 220 in the two-story garage. There are numerous outbuildings, 3 hot houses, a blueberry house, fruit trees, extensive parking, eventually marketable timber - you could even keep horses. Private and quiet, with 16 towering rhododendrons and azaleas, at 900 feet you are above the fog. The owner recently finished a 5 year remodel, with custom, updated, contemporary style, for worry free conditions for years to come. The master unit features an open floor plan with a spacious two story living room, and a sweeping view of the valley and the hills beyond. Luxury plank flooring, a two pantry kitchen, two balconies, a covered front deck, and a luxurious Spa bathroom with a walk in shower, beautiful cabinetry, and a free standing soaking tub. This unit has been rented for $2200. Prospective buyers please do your own due diligence as to the property's suitability for your needs. Owner is an Oregon licensed realtor.
  1. Listed by Lee Tuley • Town and Country Real Estate

Property Details for 96130 Cape Ferrelo Road

Parking Features
Detached, RVStorage
Zoning
RR5
View
Valley
Garage Spaces
3.00
Parking Total
6.00

Location

Listing Courtesy of Town and Country Real Estate
Add your commute
LISTING UPDATED: 04/13/2024 07:18 PM

Property Details for 96130 Cape Ferrelo Road

StatusActive
MLS #24399309
Days on Market29
Taxes$2,570 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1987
Lot Size5.30 AC / 230,868 SF
CountyCurry County

Location

Listing Courtesy of Town and Country Real Estate
Add your commute

Building Information for 96130 Cape Ferrelo Road

Stories2Residences3Year Built1987Building Size-Lot Size5.30 AC / 230,868 SF

Payment Calculator

$5,393 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,179

Property Taxes

$214

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 96130 Cape Ferrelo Road

Summary
Location and General Information
  • Country: US
  • Directions: 101 N to Cape Ferrelo, 1st right hand driveway after Brookside, on Cape Ferrelo
  • Road Surface: Paved
School Information
  • Elementary School: Kalmiopsis
  • High School: Brookings-Harbr
  • Middle Or Junior School: Azalea
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $2,569.94
  • Parcel Number: R25211
  • Parcel Number 2: R11806
  • Tax Legal Description: SPLIT CODE W/17-3 31566, ACRES 5.00
Property
Lot Information
  • Acres: 5.3
  • Lot Description: Level, Private, Trees
  • Lot Size Square Feet: 230868.0
  • Lot Size Range: Acres5to7
  • Lot Size: 5 to 6.99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Private, Well
  • Property Condition: Updated Remodeled
  • Year Built: 1987
Utilities
  • Cooling Description: Heat Pump
  • Fuel Description: Electricity
  • Heating Description: Heat Pump, Wall Heater, Wood Stove
  • Hot Water Description: Electricity
  • Sewer Description: Standard Septic
  • Rent Includes: Cable TV, Electricity, Heat, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Foundation Details: Slab
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Fiber Optics
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $36,300.00
  • Gross Income Projected: $62,700.00
  • Gross Rent Multiplier: $26.14
  • Investor Information: According To Owner, Annual Property Operation Data, Rent Records, Utility Records Available
  • Net Income Actual: $28,247.00
  • Net Income Projected: 50749
  • Operating Expenses Projected: $11,951.00
  • Operating Expense: $8,053.00
  • Security Features: Security Lights
  • Storage: Attached, Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • Common Amenities: Central Air, Laundry
  • SqFt Approximate Building Total: 3146
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Microwave, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,350
  • Unit Type 1 SqFt: 550.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Microwave, Range, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,675
  • Unit Type 2 SqFt: 750.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Microwave, Range, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $0
  • Unit Type 3 SqFt: 1200.0
  • Unit Type 3 Units Total: 1

Public Records for 96130 Cape Ferrelo Road

Taxable ValueLand-Additions-Total-
Tax Record2023$2,570 ($214 / month)
Home Facts
Beds1Total Finished SqFt1,198 SqFtAbove Grade Finished SqFt1,198 SqFtLot Size217,800 SqFtStyleSingle Family ResidenceYear Built1987Year Renovated1989ZoningRR5CountyCURRYAPN4014-11D -01300Fireplace TypeHas Fireplace

Schools near 96130 Cape Ferrelo Road

This home is within Brookings-Harbor School District 17c.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 1 to 6
Rating
School
Distance
Kalmiopsis Elementary School
PublicK to 5

Azalea Middle School
Public6 to 8

Brookings-Harbor High School
Public9 to 12

Upper Chetco Charter School
Charter1 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

96130 Cape Ferrelo Road is a multi-family home for sale in Brookings, OR 97415. This property was listed for sale on April 1, 2024 by Town and Country Real Estate, it's currently listed at $949,000. This listing's school district is Brookings-Harbor School District 17c. Nearby schools include Kalmiopsis Elementary School, Azalea Middle School and Brookings-Harbor High School. 96130 Cape Ferrelo Road is a 0-bed, 0-bath, 3,146 sqft multi-family home built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Town and Country Real Estate

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 04/13/2024 07:18 PM