168 Elm Rd
About This Property
shop and several out buildings, Cute 2 bedroom cottage with Stainless Steel Appliances, Pine Walls and Ceilings, Granite Counters and Tile
Floors. Concrete Siding on the outside make this home easy to maintain!! More pics coming on Thursday!!
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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 |
|---|---|---|---|
| Oct 14, 2025 | Price Increased |
$324,500
↑ $10K
(3%) | |
| Price Increased | |||
| Oct 10, 2025 | Relisted | $315,000 | |
| Relisted | |||
| Oct 1, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed | $325,000 | |
| Listed | |||
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BACK ON MARKET AT NO FAULT OF SELLER. Welcome to 168 Elm Road, Carlton, GA - Your Private Retreat in Madison County Nestled on over 12 secluded, wooded acres, this charming cottage-style home offers the perfect blend of rustic tranquility and modern comfort. A long, meandering driveway leads you to your own private oasis, where nature and privacy all around. Inside, you'll find a warm and inviting open-concept living space, beautifully accented with cozy wood paneling and bathed in natural light. The kitchen is a chef's delight, featuring granite countertops, stainless steel appliances, a stylish subway tile backsplash, and a functional center island-ideal for entertaining or everyday living. Tucked behind a custom sliding barn door, the dedicated laundry area adds both charm and convenience. The spacious primary suite includes a private en suite bath, while a second bedroom and full guest bath provide comfort for family or visitors. Step outside to enjoy endless hours of relaxation on the back deck, overlooking your expansive property with boundless potential-whether it's hiking, trail riding, gardening, or starting a hobby farm. Portions of the land are already fenced and include multiple outbuildings, such as a 12x20 utility shed-perfect for storage or small livestock. The detached 30x30 two-car garage/workshop offers ample room for vehicles, tools, and recreational gear-making it an ideal space for hobbyists or outdoor enthusiasts. Don't miss this rare opportunity to own your own slice of paradise in Madison County. Peace, privacy, and potential await at 168 Elm Road.
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| Mar 4, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017