LOT 17 Mountain Laurel Ridge
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 |
|---|---|---|---|
| Aug 20, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2026 | Listed by Mountain Sotheby's International | $30,000 | |
| Listed by Mountain Sotheby's International | |||
| Oct 18, 2024 | Listed | $40,000 | |
| Listed | |||
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Looking for the perfect place to escape the hustle and bustle of city life? Build your mountain refuge in the brand new Laurels of Blue Ridge subdivision. Located less than 5 miles to downtown Blue Ridge, there are plenty of options for fine dining, shopping, and entertainment. If your urge is to be one with nature, there are numerous hiking trails and secret waterfalls that decorate the area. As things heat up for the summer, soak up some rays on the shores of Lake Blue Ridge, or learn how to unwind as you float leisurely down the Toccoa River. This subdivision is centrally located to everything North GA has to offer. The development features a scenic community fire pit area with long range mountain views, underground utilities, and a gated entrance. Perked for a 3 bedroom. STR allowed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017