118 Highway 76 Loop
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 |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Dec 12, 2023 | Listed by Poss Realty | $399,000 | |
| Listed by Poss Realty | |||
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This Totally remodeled charming little cabin on Timpson Creek had a strong performance record as a vacation rental before new owners remodeled it, so imagine the possibilities with the updates. Would also make a lovely weekend home or fishing cabin given the proximity to Clayton and Lake Burton. Walk out the back onto 14,000 acres of USFS land, hike up to the waterfalls, fish/lounge by the babbling waters of the creek, or sit on the front porch and take in the nearby farm. This unique cabin offers a family room, one bedroom, a new loft bed sleeping area, new kitchen, sleeping area and entertainment area on covered porch, outdoor grilling area, ample parking, whole house water filtration system, and a brand-new 2 BR septic system in 2022. Offered mostly furnished with brand new furniture. Custom cabinets inside & out, handmade light fixtures, new mini split AC/Heat, new gutters, new tankless water heater. Plenty of room to build an addition, has a storage shed and fenced in back yard. There's a huge, flat yard for camping or parking. High speed internet through HEMC. You are sure to fall in love with this unique outdoor lover's paradise. 5 minutes from Lake Burton and 7 minutes from Clayton, GA. Owner will consider financing.
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| Jul 16, 2023 | No longer available | - | |
| No longer available | |||
| Jul 14, 2023 | Sold | ||
| Sold | |||
| Jun 23, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017