21
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111 Jarrett Drive
About This Property
Hannah Hills Subdivision offers the ideal setting for custom homes, spec homes, or a thoughtfully planned residential development. Conveniently located near shopping, dining, schools, and major highway access, the area continues to attract homeowners seeking both comfort and convenience. With continued growth throughout the Calhoun area, this property provides excellent potential for long-term value and future returns.
Whether you are looking to build and sell, hold as an investment, or develop a private residential community, these lots offer flexibility and opportunity in an established location. Opportunities to purchase multiple lots together in one subdivision are becoming increasingly limited, making this a prime chance to secure your next development project in Hannah Hills.
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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 |
|---|---|---|---|
| Oct 8, 2026 | No longer available | - | |
| No longer available | |||
| Oct 6, 2026 | Listed by Strong Tower Realty, Inc. | $55,000 | |
| Listed by Strong Tower Realty, Inc. | |||
| May 14, 2026 | Price Increased |
$65,000
↑ $10K
(18.2%) | |
| Price Increased | |||
| May 8, 2026 | Listed by Strong Tower Realty | $55,000 | |
| Listed by Strong Tower Realty | |||
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Exceptional investment and development opportunity in Hannah Hills Subdivision, located in Calhoun. This rare offering includes 1 of 13 (total) residential lots for purchase, presenting a perfect opportunity for investors, builders, and developers looking to create a new residential community or expand their portfolios in a growing area of North Georgia. The owners prefer to sell all lots together in a single transaction, making this an ideal bulk-purchase opportunity for a builder or developer ready to bring their vision to life. Hannah Hills Subdivision offers the ideal setting for custom homes, spec homes, or a thoughtfully planned residential development. Conveniently located near shopping, dining, schools, and major highway access, the area continues to attract homeowners seeking both comfort and convenience. With continued growth throughout the Calhoun area, this property provides excellent potential for long-term value and future returns. Whether you are looking to build and sell, hold as an investment, or develop a private residential community, these lots offer flexibility and opportunity in an established location. Opportunities to purchase multiple lots together in one subdivision are becoming increasingly limited, making this a prime chance to secure your next development project in Hannah Hills.
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| Oct 13, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017