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16055 Thompson Road
About This Property
nearly an acre of land, 16055 Thompson Rd offers
privacy, space, and plenty of potential for the savvy
buyer or investor. Conveniently located near GA-9
with easy access to shopping, dining, and everyday
conveniences, including Deerfield Place, Bethany
Village, Publix, Target, and more. Enjoy the charm
and spaciousness of Milton while being conveniently
connected to nearby Alpharetta and major North
Fulton thoroughfares. Whether you're looking to
create your dream property or explore its investment
potential, this is an opportunity you won't want to
miss!
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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 |
|---|---|---|---|
| Sep 24, 2026 | Sold | ||
| Sold | |||
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Aug 18, 2026 | Listed by Century 21 Results | $575,000 | |
| Listed by Century 21 Results | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017