11 AC Hwy 515 S
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 |
|---|---|---|---|
| Mar 20, 2023 | Sold | ||
| Sold | |||
| Oct 13, 2022 | No longer available | - | |
| No longer available | |||
| Jun 3, 2022 | Listed by RE/MAX Town & Country | $499,900 | |
| Listed by RE/MAX Town & Country | |||
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PRIME location! Located on the corner of State Highway 515 and County Highway 382 Connector, this property is extremely visible traveling North and Southbound on the Highway, or traveling on the Connector. Deceleration lanes both north and south on the highway. Drive partially cut in to property. Lots of level useable land. Power and cable at road. The possibilities with this land are endless. Located an hour north of Atlanta and perfect location to access wineries, hiking, downtown shopping and restaurants all within minutes.
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| Jan 22, 2022 | Listed by RE/MAX Town & Country | $475,000 | |
| Listed by RE/MAX Town & Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017