2249 White Alder Drive
About This Property
Ideally positioned in the heart of Buford, this residence places you moments from the Mall of Georgia's upscale shopping, renowned dining, and vibrant entertainment scene. Whether indulging in a night out, enjoying weekend retail therapy, or savoring everyday conveniences just minutes from home, the lifestyle here is effortless and elevated. With immediate access to I-985, I-85, Sam's Club (4 minutes), Costco (7 minutes), and Walmart (5 minutes), luxury meets connectivity - offering both tranquility and convenience in an exceptional, and highly sought after, location. This residence falls within the acclaimed Seckinger High School district, notable for being the nation's first AI-focused high school.
Recent updates include: new/added ceiling lights, new sod, freshly manicured lawn including tree removal, epoxy floor in garage, fresh interior paint, renovated kitchen counter tops, luxury cabinets, bathrooms, newer roof, and A/C Blower improvement for efficiency.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017