0 Rabun Bluffs 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 |
|---|---|---|---|
| Feb 17, 2026 | Listed by Poss Realty | $79,000 | |
| Listed by Poss Realty | |||
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Price Decreased |
$155,000
↓ $20K
(11.4%) | |
| Price Decreased | |||
| Mar 3, 2025 | Listed | $175,000 | |
| Listed | |||
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BREATHTAKING! Mountain Top Lot where dreams come true! LAKE VIEW LOT ON CUL DE SAC TOP OF LAKE RABUN BLUFFS. This elevated, mountain community is located in a Prime area of charming LAKEMONT. Wooded lots afford privacy for custom built luxury homes of year round residents as well as vacation home owners. Discover the BEST of both worlds with 180 degree panoramic views of mountains and Lake Rabun from sunrise to sunset. Paved roads to the lot which can be accessed from either Rabun Bluffs Dr or Oakey Ridge. Ready to build, this premium lot has community water & electricity, and septic approval for a 4 bedroom house. The community boasts a new-dry fire hydrant. Seller has HOA approved plans for a 2 bedroom house that are available. Located across from Hall's Boathouse and the public launching ramp, beautiful Lake Rabun and water activities are just a few minutes from your doorstep. Spend a day enjoying the lake, then relax on your deck overlooking the lake and mountains from on high. Expand your enjoyment in Lakemont, the Lake Rabun Hotel and Restaurant, Max's Lakeside restaurant, the Lake Rabun Association Pavilion, Alley's Store conveniently located just up the road. Get creative, bring your architect and build the home of your dreams on this SPECTACULAR one acre.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017