LOT 164 Shenendoa Drive
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 3, 2026 | Listed by RE/MAX Town & Country | $15,000 | |
| Listed by RE/MAX Town & Country | |||
| Jul 1, 2025 | Listed | $15,000 | |
| Listed | |||
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Welcome to Buckhorn Estates, where mountain living meets affordability! This .74-acre gem offers more than just a piece of land - it's an opportunity to embrace the tranquil beauty of the mountains without breaking the bank. Nestled between the charming towns of Ellijay and Blue Ridge, this lot boasts a seasonal mountain view that will leave you in awe. Imagine waking up to the crisp mountain air and sipping your morning coffee while soaking in the natural beauty that surrounds you. Although the lot is sloped, it is entirely buildable, allowing you to craft the mountain retreat of your dreams. And with all paved roads, high-speed internet, and cable TV available, you can enjoy modern conveniences without sacrificing the serene mountain lifestyle. But the perks don't stop there. Buckhorn Estates offers a plethora of amenities, including a picturesque river park perfect for picnics and leisurely strolls, an 8-acre fishing lake for anglers of all skill levels, and the added bonus of being able to cruise over to Whitepath Golf Course in your very own golf cart. With an 18-hole course open to the public, you'll never be far from a day on the green. What's more, this community is just a short 10-minute drive to town, ensuring easy access to shops, restaurants, and entertainment. And for those aged 65 and over, take advantage of Gilmer County's generous tax policy - no school tax for full-time residents.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017