220 Searcy 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 |
|---|---|---|---|
| Mar 21, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | Listed by Realty Unlimited, LLC | $240,000 | |
| Listed by Realty Unlimited, LLC | |||
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This gorgeous Monroe County home offers a unique blend of modern luxury and Creekside living, making it the perfect place to call home. Nestled on a beautiful 1.7-acre lot, this cozy 3-bedroom, 2-bathroom home has a lot to offer with charm, location, and a 4-season view of Tobler Creek. Step through the door into the main living room that is the perfect spot to relax with family and friends. This home is simplified, with plenty of storage. Continue into the kitchen, complete with granite countertops, quartz backsplash, stainless steel appliances, and ample cabinet space for all your culinary needs. Washer, dryer, kitchen appliances, and window blinds included and don't forget the low maintenance & low utilities. High speed fiber internet available. The main floor master is a true retreat, offering 2 walk-in closets and featuring an ensuite bath. Two upstairs bedrooms and an office with a creek view provide plenty of space for visitors. Step outside to your backyard sanctuary, perfect for entertaining or relaxing. The rear deck is the place to enjoy your morning coffee over the beautiful flowing creek. The wrap-around porch is great for entertaining and BBQs. Large walkout crawlspace for extra storage, workshop, or man cave. The backyard offers ample space for gardening, outdoor activities, or simply savoring the surroundings. Quiet neighborhood with no flow through traffic. Metal roof, newer HVAC, and clean as a whistle! 10x20 Storage shed and RV Parking! This wonderful home is located in South Monroe County with a convenient proximity to Macon and Forsyth. You'll have easy access to local shopping, restaurants, and just minutes from The Shoppes at River Crossing. One of the county recycling centers is just around the corner for your own use.
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| Jan 26, 2022 | Sold | ||
| Sold | |||
| Jan 7, 2022 | Listed by Oglethorpe Realty Company | $217,500 | |
| Listed by Oglethorpe Realty Company | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017