19
Map
198 Main Street
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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | Listed by The Source Real Estate Group | $174,900 | |
| Listed by The Source Real Estate Group | |||
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*With a full price offer, seller will will provide $20,000 in concessions at closing.
This charming three bedroom, two bath in Ducktown has a master bedroom with ensuite bathroom. The kitchen has updated appliances. French Drains, Basement encapsulation, and sump pump were all done approx 2 years ago. It also has a large fenced backyard. You will be minutes away from The Ocoee River and Cherokee National Forest, 20 minutes from Blue Ridge, Ga and also 30 minutes to Murphy, NC where you can try your luck at Harrah's Casino. Owner welcomes all inspections however, The home is being sold as is.
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| Apr 24, 2024 | Listed by The Source Real Estate Group | $204,900 | |
| Listed by The Source Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017