1577 Lowery Road
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 |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2023 | Listed by Mountain Sotheby's Int'l. Rlty | $565,000 | |
| Listed by Mountain Sotheby's Int'l. Rlty | |||
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Escape the noise and stress of city life and discover a hidden gem on a tranquil, winding country lane! Nestled on 7+ acres of unrestricted land just 10 minutes from Blue Ridge this charming cottage is a sanctuary at the edge of the forest. The cottage features modern appliances that is beautifully furnished from top to bottom and an expansive deck that is your front-row seat to the north Georgia mountains seasonal splendor. Imagine sipping your morning coffee on the porch hearing nothing but the wind through the trees, and soaking in the beauty of the four seasons. Entertain guests with stories around the fire pit or thrill them with a dip in the new tree top view hot tub. Surrender to stress as you indulge in the luxury of a European en suite with a large soaking tub a perfect retreat after a long day. With dual living areas, this home is a versatile investment, ideal for generating short-term rental income, a family hideaway, or as a multi-generational residence. The home features all new appliances, new HVAC, fully furnished (ready for STR), and a new roof in 2022.
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| Apr 10, 2023 | Sold | ||
| Sold | |||
| Feb 21, 2023 | No longer available | - | |
| No longer available | |||
| Feb 11, 2023 | Price Increased |
$484,900
↑ $6K
(1.2%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017