LT 106 Split Creek Road #106
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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| May 14, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Listed by Blue Ridge Realty, Inc. | $68,999 | |
| Listed by Blue Ridge Realty, Inc. | |||
| Aug 1, 2025 | Listed | $72,900 | |
| Listed | |||
| | |||
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Welcome to The Ridges of Blue Ridge-a gated mountain sanctuary where nature and luxury intertwine. Nestled in the heart of North Georgia's majestic Blue Ridge Mountains, this thoughtfully designed community offers so much. Underground utilities and future amenities including a clubhouse and pool for modern comfort. Paved roads and seamless access to hiking trails, lakes, rivers, and the charming towns of Blue Ridge and Blairsville. Breathtaking views, rushing creeks, and wooded lots that create a peaceful, retreat-like atmosphere. Whether you're dreaming of a weekend escape or a full-time mountain haven, The Ridges of Blue Ridge is more than a subdivision it's a lifestyle surrounded by natural beauty and timeless tranquility. Lot 106, can be your own piece of paradise!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/05/2026
|
Loft
|
-
|
-
|
$68,999
Loft
-
|
$65,000
-5.80%
05/29/2026
|
Kathie Nance
Blue Ridge Realty, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017