0 King Mtn Drive
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 14, 2024 | Price Decreased |
$19,000
↓ $247K
(92.9%) | |
| Price Decreased | |||
| Jun 25, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2023 | Listed by Keller Williams Realty Atlanta Partners | $250,000 | |
| Listed by Keller Williams Realty Atlanta Partners | |||
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INVESTOR FRIENDLY!! ESTIMATED COMPLETION IS FEBRUARY 2024!! Welcome to your brand new 2 bedroom, 2 bathroom mountain retreat in the new Overlook at Kingwood community! This home features vaulted ceilings and an open concept floor plan, making it feel spacious, bright and perfect for entertaining! The kitchen features GE brand stainless steel range/oven, microwave & dishwasher, Quartz countertops, porcelain & ceramic backsplash, soft-close cabinetry and is open to the living room. There are also 2 bedrooms, 2 full bathrooms, and a laundry closet. The luxury vinyl plank flooring and tile throughout will make cleaning a breeze! The mandatory Kingwood Club Membership fee of $185 per month ($2,220/year) includes a social membership to Kingwood Resort & Winery. Featuring access to the following facilities: 18-hole Championship Golf Course, Practice Putting Green, Clubhouse, Restaurant/Lounge, Banquet Services for weddings/special events, Full-Service Spa, Fitness Center featuring a weight room, separate locker rooms, steam room, sauna, and hot tubs, Indoor & Outdoor Pools, Tennis & Pickleball Courts, and a nature trail. There is also a $170 per month private water & sewer fee. The annual $235 HOA fee is for private roads, gated entrance, and maintenance of entryway to development. This cottage can be utilized as primary, secondary, or vacation rental investments. A newly passed ordinance in the City of Clayton requires renters to obtain a short-term rental permit. Located just 2 miles from Clayton’s desirable Downtown Square with shops, dining & entertainment, this is an opportunity you don’t want to miss out on!
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| Sep 13, 2023 | Listed by BHHS Georgia Properties | $22,900 | |
| Listed by BHHS Georgia Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017