112 Springhill Lane
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 26, 2026 | Sold | ||
| Sold | |||
| Jul 27, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Listed by Mountain Sotheby's International | $879,000 | |
| Listed by Mountain Sotheby's International | |||
| |||
|
A Rare Retreat in the Heart of Lake Burton Country. Picture this: an easy golf cart ride down to LaPrade's Marina, where you can choose from three waterfront restaurants for dinner, grab a drink from the outdoor bar then step straight onto your boat for a sunset cruise across Lake Burton as the mountains turn gold behind you. That's not a vacation fantasy - it's a Tuesday. Custom-built in 2016 and set on a private, gated 0.90-acre estate, this 4-bedroom, 3.5-bath mountain retreat offers approximately 3,652 square feet of thoughtfully designed living space, just steps from the marina and moments from Lake Burton itself. Inside, hardwood floors flow beneath soaring ceilings, leading you through a chef's kitchen built for entertaining and a wood-burning fireplace made for cool mountain evenings. The finished terrace level adds flexible space for guests, a game room, or a quiet retreat of your own. Outside, an entertaining deck with an outdoor fireplace, TV and room to enjoy the quiet evenings. Beyond the gates, the lifestyle continues: Waterfall Club, downtown Clayton, and several State parks are all just minutes away, offering golf, dining, hiking, and small-town charm whenever you're ready to explore. This is more than a home - it's a turnkey invitation to the Lake Burton way of life: luxury, privacy, and recreation, all within reach. A rare opportunity in one of North Georgia's most sought-after addresses.
| |||
| May 14, 2026 | Price Decreased |
$999,000
↓ $51K
(4.9%) | |
| Price Decreased | |||
| May 7, 2026 | Price Decreased |
$1,050,000
↓ $100K
(8.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017