31
Map
119 Cub Lane
About This Property
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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 |
|---|---|---|---|
| Oct 3, 2026 | Price Decreased |
$117,000
↓ $13K
(10%) | |
| Price Decreased | |||
| Aug 12, 2026 | Listed by Southern Properties Real Estate | $130,000 | |
| Listed by Southern Properties Real Estate | |||
| Apr 19, 2026 | Price Decreased |
$130,000
↓ $19K
(12.8%) | |
| Price Decreased | |||
| Apr 2, 2026 | Price Decreased |
$149,000
↓ $11K
(6.9%) | |
| Price Decreased | |||
| Mar 13, 2026 | Listed by Southern Properties Real Estate | $160,000 | |
| Listed by Southern Properties Real Estate | |||
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119 Cub Lane, Rabun Gap, GA. Escape to your own private mountain retreat on 1.59 acres in scenic Rabun Gap, located in sought-after Rabun County and just minutes from downtown Clayton and the natural beauty of the North Georgia mountains. Nestled on 1.59 acres surrounded by nature, this charming 2004 manufactured (14'x48') home offers the potential mountain retreat you've been dreaming of. Tucked away in the scenic beauty of Rabun County, the property provides privacy and a true connection to the outdoors. The home features a split-bedroom floor plan with 2 bedrooms and 1 full bath, offering comfortable living and added privacy between sleeping areas. Whether you're just starting out, searching for a second home, or looking to downsize and simplify life, this property is an ideal mountain escape. Recent updates include: New flooring in main living area/bathroom (June 2026), new toilet (June 2026), new water heater, new front steps, and the septic tank pumped and inspected on December 17, 2025. The home is serviced by a shared well. Enjoy the serenity of mountain living while remaining conveniently located just 8 miles from downtown Clayton, with easy access to local lakes, hiking trails, and scenic parks. If you're looking for privacy, natural surroundings, and affordability in the North Georgia mountains, this hidden gem delivers. NO HOA. Don't miss your chance to own a slice of Rabun County paradise - schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017