2162 Highway 105
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 |
|---|---|---|---|
| Jun 30, 2025 | Listed | $275,000 | |
| Listed | |||
| Sep 8, 2023 | Sold | ||
| Sold | |||
| Aug 2, 2023 | Listed by Virtual Properties Realty.com | $210,500 | |
| Listed by Virtual Properties Realty.com | |||
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PROFESSIONAL PHOTOS COMING SOON!!! Welcome to 2162 Highway 105, where laughter and good times await! Located in the country and on 2 acres, this home has a nice concrete driveway and turnaround area and is on a permanent foundation. There's 3 bedrooms and 2 baths, including a spacious master en suite with walk in closet. One of the secondary bedrooms is being used as a laundry area at this time, but could easily be converted back to a bedroom. The 21 x 21 room is ginormous and provides extra space, whether it be a home office, a playroom, another bedroom, or a cozy relaxation area. The mini split in the huge room is where it's at!!!...ensuring efficient and customizable climate control, making such a fun and comfortable area to be. As you step on inside, you will love the open concept kitchen and living areas. There's modern stainless steel appliances and beautiful granite countertops. With so much space, you can host all of your family and friend's gatherings and any special occasion. Another thing...in the winter, you have the choice of central heat or propane heat. Ok, let's talk about the best part of the home. It's the front porch!!! Enjoy your front porch sitting anytime of the day with a hot or cold drink and snack, while overlooking your beautiful, flat front yard. Store your extra stuff in the 16 x 20 building or the smaller outbuilding that stays. The outdoor space will definitely wow anyone who wants a garden, fire pit area, playground, or simply need somewhere to park an RV or boat. This home has a lot of newer features which will give your more peace of mind, such as propane wall heater in 2022, roof, mini split, water heater, and HVAC all in 2021. Your new home is just a hop, skip, and a jump from shopping and restaurants. It's also 10 minutes from Cornelia, 20 minutes to Commerce, 30 minutes to Gainesville, less than 1 hour to Athens, little over 1 hour to Atlanta, close to Lakes Lanier, Hartwell, Burton, Rabun, and a short drive to the North GA Mountains. Come enjoy the quiet life here at 2162 Highway 105.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017