1080 Burning Oak Drive
About This Property
The manager has listed the unit size as 2308 square feet.
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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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by EXP Realty LLC | $830,000 | |
| Listed by EXP Realty LLC | |||
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This home is located on almost 5 acres that is completely private and yet centrally located in North Oconee County. Its only minutes to Butlers Crossing, downtown Watkinsville, Hwy 78 and just over 2 miles to Veterans Park. The home has been meticulously maintained and the exterior features a large covered porch and a metal roof. The main living area includes an open floor plan with hardwood floors, walk-in pantry, kitchen with granite and updated appliances, 3 bedrooms and 2 bathrooms. Upstairs is a very nice loft area making an additional living area office or recreation room. No carpet in this home! For the car enthusiast, RV owner, or hobbyist, there is a very large 3 bay shop with high ceilings along with a lift, and paint bay. In addition, there is also a covered RV parking area along with covered parking and smaller storage near the house. This home is perfect for someone looking for privacy that also wants to be close in, and needs additional space for automobiles, ATVs, boats, etc.
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| Oct 11, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017