20917 188 Trail
About This Property
Downstairs there is a covered parking area with a nearby work shop / storage area. There's three additional covered areas where you can park your plane, vehicles, antiques or boats, there is plenty of room to build an enclosed hangar if so desired.
The property has beautiful oak trees for shade any hot summer day. Nearby there are trails that are miles and miles of wilderness for Walking, Horses, ATV's and Bike Riding. Just round the corner from this property, you will find the famous Suwanee River. Where on any day you will find swimming , tubing, canoeing and kayaking down this adventurous river. There are also local EAA Chapters to join for your flying fun with other pilots. Most have monthly meeting and weekly fly outs. If you have been considering living on an airpark where you can Live With Your Plane, this country setting will surely draw you to this area of serenity. The American Dream, come enjoy life at its finest!!
The local area is well known for it\'s wonderful parks. There\'s all types of water sports. Whether your cave diving, boating, canoeing, kayaking, or just tubing down the river. Cave diving is well known in this area. You can fly most any day of the year. Pilots claim to fame in the area are they love to fly and can go 360 days out of the year. You will find at the famous Spirit of the Suwanee Music Park, nightlife such as live bands and Karaoke. Elvis impersonators have flocked for their annual Legends Event.
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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 |
|---|---|---|---|
| Jul 5, 2019 | Sold | ||
| Sold | |||
| Mar 28, 2017 | Listed by RIVER BASS REALTY | $129,999 | |
| Listed by RIVER BASS REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017