15662 Highway 197 N
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 |
|---|---|---|---|
| Sep 16, 2026 | Listed by Mountain Sotheby's International | $630,000 | |
| Listed by Mountain Sotheby's International | |||
| Oct 14, 2024 | Sold | ||
| Sold | |||
| Jun 15, 2024 | No longer available | - | |
| No longer available | |||
| Feb 19, 2024 | Listed by Harry Norman, Realtors Luxury Lake and Mountain | $499,000 | |
| Listed by Harry Norman, Realtors Luxury Lake and Mountain | |||
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New Construction! Custom Built 2 Bedroom, 2 Bath Cabin with a loft located at the northernmost part of Habersham and within a few minutes of Lake Burton. Check out this quaint cabin perfect for a second home, short term rental or full time living. Primary Bedroom and bath on the main floor with the 2nd bedroom, bath and loft on the Upper level. Sit on the wrap around porch to take in all the North Georgia Mountains have to offer. Move-in ready mid April. While Under Construction, schedule a preview of the nearly finished cabin at 15660 Highway 197 to see similar finishes. The Interior pictures depict a different house; hence, the finishes may bear similarities but may not match exactly. The manager has listed the unit size as 1283 square feet.
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| Feb 15, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017