1006 Cream Level Road
About This Property
Welcome to your dream property! Nestled within the Athens city limits, this expansive 3-acre lot offers the perfect blend of convenience and serene space. The highlight of this gem is the 40x40 shop, designed to cater to a variety of needs.
Property Features:
40x40 Shop
A 20x40 covered side area for an RV.
Enjoy relaxing or entertaining on the generous 20x40 covered front porch.
Driveway, partial fencing, and electricity already in place.
City water and sewer conveniently located at the road.
With plenty of space and a prime location, this property offers a fantastic opportunity to build your dream home and create the perfect urban oasis.
This versatile property has it all. Bring your animals and don't miss out on this unique opportunity to own a large parcel within the city, offering endless possibilities for your future!
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Cap Rate Calculator
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 24, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Jul 29, 2024 | Listed by Ebby Halliday Realtors | $195,000 | |
| Listed by Ebby Halliday Realtors | |||
| Apr 23, 2020 | No longer available | - | |
| No longer available | |||
| Jun 2, 2019 | Listed | $43,900 | |
| Listed | |||
| | |||
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Gorgeous residential lots located within the city limits of Athens. Get a piece of country living within minutes of the amenities of living in town. Click Virtual Tour #2 for Detailed Hidden Pines Brochure!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017