233 Ridge View Dr, Boone, NC 28607

3 bd · 3.5 ba · 2,117 sqft · built 2000 · Boone · TOWNHOMES·source listing ↗

$398,000

rent, three ways

OnePercent model (vv1)$2,469/mo

p10–p90 confidence band

HUD Fair Market Rent · 28607 · 3BR$1,650/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Watauga

Flood risk indexRelatively High FEMA NRI

Median household income$46,639

Median area rent$1,152/mo

Median home value$378,600

Intrinsic value · income approach

$676,480

41% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.