0 Thomas Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | Listed by Coldwell Banker Upchurch Realty | $519,960 | |
| Listed by Coldwell Banker Upchurch Realty | |||
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed | $137,000 | |
| Listed | |||
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Location is everything, and this property has it all! Discover your slice of paradise with this remarkable mountain land in Cleveland, Georgia. Nestled amidst breathtaking mountain views, this property perfectly combines natural beauty and convenience.The land lays beautifully and requires minimal grading, making it an easy site for development. With access to county water and plenty of road frontage on both sides of paved county roads, the possibilities are endless. Whether you're looking to build a serene retreat, invest in a vacation rental, or simply enjoy the stunning landscapes of North Georgia, this property is the perfect canvas. Don't miss your chance to own a piece of this breathtaking landscape! Contact us today to schedule a viewing and start envisioning your future in the mountains! Trusted Lender Homeowners Financial Group Casey Simmons.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017