LOT 14 Kilpatrick Point Terrace
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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 |
|---|---|---|---|
| Jun 23, 2026 | Listed by Century 21 Black Bear Realty | $40,000 | |
| Listed by Century 21 Black Bear Realty | |||
| Jan 4, 2023 | Listed | $40,000 | |
| Listed | |||
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LAKE ACCESS IN THE MOUNTAINS OF NORTH CAROLINA WITH THIS BEAUTIFULLY WOODED LOT!! This .56 of an acre wooded lot in Needmore Subdivision off Kilpatrick Point is just steps from Lake Chatuge. Plus conveniently located between Hayesville, NC and Hiawassee, GA. THE PERFECT PLACE TO BUILD YOYR MOUNTAIN RETREAT.
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Last Updated: 5 months ago
Data Source: GAMLS, MLS# 10795713
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