1111 Sunset Drive
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 |
|---|---|---|---|
| Feb 23, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2023 | Listed by Watkins Real Estate Associates | $845,000 | |
| Listed by Watkins Real Estate Associates | |||
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Beautiful, like-new home with a front porch view of Lake Oconee! 4 bedrooms (primary suite and 2 guest rooms on main), 3.5 total bathrooms, 3 car garage, 10 ft ceilings, oversized family room with vaulted ceiling and beams, dining room, mud room, and large laundry room with direct access to the spacious primary closet. The gourmet kitchen comes with large breakfast island, 2 pantries, and stainless steel appliances: double convection ovens, 6 burner stovetop with pot filler, built-in microwave, dishwasher, and refrigerator. Upstairs features 4th bedroom and 1 full bathroom, bonus room, office, loft area, and abundant storage. Make use of a wine fridge and built-in blue tooth speakers to entertain guests throughout the home and/or on the back screened-in porch, and cozy up to enjoy the warmth of the season at any 1 of the 3 fireplaces (2 outdoor are wood burning). Community boasts private dock access and boat ramp. Come see your forever home today! Ask how you can receive up to $1500 credit by using one of our preferred lenders. Exclusions may apply. If we show your buyer, your buyer broker commission is reduced to 1.5% PER our listing agreement.
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| Oct 6, 2023 | Listed by Watkins Real Estate Associates | $845,000 | |
| Listed by Watkins Real Estate Associates | |||
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PRICE IMPROVEMENT!!! NOW LISTED AT $845K!!! Beautiful, like-new home with a front porch view of Lake Oconee! 4 bedrooms (primary suite and 2 guest rooms on main), 3.5 total bathrooms, 3 car garage, 10 ft ceilings, oversized family room with vaulted ceiling and beams, dining room, mud room, and large laundry room with direct access to the spacious primary closet. The gourmet kitchen comes with large breakfast island, 2 pantries, and stainless steel appliances: double convection ovens, 6 burner stovetop with pot filler, built-in microwave, dishwasher, and refrigerator. Upstairs features 4th bedroom and 1 full bathroom, bonus room, office, loft area, and abundant storage. Make use of a wine fridge and built-in blue tooth speakers to entertain guests throughout the home and/or on the back screened-in porch, and cozy up to enjoy the warmth of the season at any 1 of the 3 fireplaces (2 outdoor are wood burning). Community boasts private dock access and boat ramp. Come see your forever home today! Ask how you can receive up to $1500 credit by using one of our preferred lenders. Exclusions may apply.
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| Apr 4, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2021 | Listed by Elliott Real Estate & Land LLC | $749,000 | |
| Listed by Elliott Real Estate & Land LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017