170 Sapp Way SE
About This Property
This year's projected income is $42,260 in rent
This years's expenses are: $7,486 total
All Tenants pay their own power bill, on individual meters. County water paid for by owner.
We spent over $40,000 in remodel and park clean up. That included appliances, hot water heaters, electrical, fixing leaks, two steps/decks, new bathroom remodel, tons and tons of trash removal, and a bunch of odds and ends
One of the Sellers is a licensed agent in the state of Georgia.
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/08/2023
| |
Loft
|
-
|
-
|
$219,000
Loft
-
|
$220,000
+0.46%
02/28/2023
|
Ethan Atkinson
Greater Athens Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017