116 Garden Lake Drive
About This Property
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 |
|---|---|---|---|
| Sep 2, 2021 | Sold | ||
| Sold | |||
| Jun 16, 2021 | Listed by Berkshire Hathaway HomeServices Georgia Properties | $282,500 | |
| Listed by Berkshire Hathaway HomeServices Georgia Properties | |||
| | |||
|
Beautiful 3 bedroom cul-de-sac home located in the community of Towne Lake Gardens. Enter the home to find a fireside family room with soaring ceilings. Spacious kitchen features a breakfast bar and nook, stone counters and an area that could be used as a dining space or keeping room. Owner's suite conveniently located on the main floor with a double vanity, spacious closet and separate tub/shower. Upstairs you will find a loft area perfect for an office and two additional bedrooms. Private level backyard with a patio area. Conveniently located near I-75, schools, shopping and local hospital.
| |||
| Sep 30, 2016 | Sold | ||
| Sold | |||
| Mar 13, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017