115 Cloudview Drive pairs warm, natural materials with
character-rich details throughout. Level 5 walls and white oak
flooring provide a quiet backdrop for custom-milled red oak
accents, a fluted walnut dining wall and solid-core Shaker doors.
The kitchen pairs Slim Shaker cabinetry with Cipria marble
countertops featuring soft blush-toned veining, a ceiling-height
tile backsplash, and custom red oak floating shelves. A combined
pantry and laundry space gets a little more playful with Barneby
Gates Pheasant wallpaper and Saltillo tile. Updated baths, a custom
primary closet, Pella 250 series windows, new HVAC, tankless water
heater, refreshed landscaping, cedar privacy fencing, and a rear
deck extend the updates beyond the interiors. Positioned just off
South Congress, Cloudview is close to LeRoy and Lewis Barbecue, The
Little Darlin' and the St. Elmo/Yard district. Follow South
Congress north for a direct connection to downtown and SoCo
favorites including Aba, Perla's, Home Slice and June's, or head
south for the shopping, dining and everyday convenience of
Southpark Meadows.
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.
Schedule your showing today! This property is ready for new owners. Prime location, close to schools, shopping, dining and more
This well maintained 3 bedroom, 2 bathroom home offers a blend of comfort and convenience and it's ready for a new family. The backyard, nicely-sized, is perfect for entertaining with plenty of space for gardening. Seller will entertain all offers.
Don't miss out! Schedule your showing today!
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