221 Prime 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 18, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Dec 15, 2024 | Listed by Virtual Properties Realty.com | $399,000 | |
| Listed by Virtual Properties Realty.com | |||
| Oct 12, 2023 | Sold | ||
| Sold | |||
| Sep 11, 2023 | Listed by R & D Realty | $49,900 | |
| Listed by R & D Realty | |||
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NO HOA Last lot in the much sought after Eagle Trace Subdivision in Jackson County. Bring your builder and enjoy the convenience being only 10 minutes from downtown Commerce, 10 minutes from shopping in Banks Crossing, 15 minutes from SK Batteries or Kubota , 20 minutes from Athens area shopping, and East Jackson schools are only 10 minutes away. One of the most convenient areas in all of northeast Georgia.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017