13231 Highway 48
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 |
|---|---|---|---|
| Nov 10, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | Listed by Re/Max Lakefront LLC | $215,000 | |
| Listed by Re/Max Lakefront LLC | |||
| Jun 7, 2023 | No longer available | - | |
| No longer available | |||
| May 5, 2023 | Price Decreased |
$269,500
↓ $400
(0.2%) | |
| Price Decreased | |||
| Apr 13, 2023 | Listed by eXp Realty Central | $269,900 | |
| Listed by eXp Realty Central | |||
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Ready to be close to the lake and have some room to roam? This beautifully remodeled home is sitting on 4 acres just minutes from beautiful Lake Wedowee and conveniently located to downtown. This home has been completely remodeled from the ground up. Boasting all new flooring, paint, appliances, and all the normal stuff you do when you remodel a house, but wait there is more!! Both bathrooms were completely remodeled with gorgeous tile work and shiplap! You will love your new master bedroom complete with its own fireplace. The open concept living and kitchen areas are complete with all new appliances, counters, and upper cabinets. You will love the use of barn doors and extra thoughtful touches throughout the stunning space. Don't let this one get away!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017