Listing Courtesy of: Donna Mousa, MOUNTAIN AIRE REALTY INC
$320,000
●
House -
Off Market
227 Narrows Drive
Waleska, GA 30183
2 Beds
0 Bath
1,005 Ft²
$532,586
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Lakefront home in the Lake Arrowhead Community. This 2 bedroom 2
bath home features lake frontage with year round views of mountains
and lakes. Dock on the lake front side. Interior features include
rock fireplace, galley style kitchen, and loft for extra bedroom or
office area. Master bedroom has sliding doors that open to the back
deck which overlooks the beautiful lake. This is a Fannie Mae
Homepath Property
Unit Size
1,005 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$350
Property Type
House
Property Taxes
$285
HOA Dues
$260
Year Built
1983
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (FMLS #6017757)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 30, 2018 | Sold | ||
| Sold | |||
| Jul 15, 2018 | Listed | $352,000 | |
| Listed | |||
| | |||
|
Lakefront home in the Lake Arrowhead Community. This 2 bedroom 2 bath home features lake frontage with year round views of mountains and lakes. Dock on the lake front side. Interior features include rock fireplace, galley style kitchen, and loft for extra bedroom or office area. Master bedroom has sliding doors that open to the back deck which overlooks the beautiful lake. This is a Fannie Mae Homepath Property The manager has listed the unit size as 1005 square feet.
| |||
| Jun 19, 2018 | Listed | $352,000 | |
| Listed | |||
| | |||
|
Lakefront home in the Lake Arrowhead Community. This 2 bedroom 2 bath home features lake frontage with year round views of mountains and lakes. Dock on the lake front side. Interior features include rock fireplace, galley style kitchen, and loft for extra bedroom or office area. Master bedroom has sliding doors that open to the back deck which overlooks the beautiful lake. This is a Fannie Mae Homepath Property.
| |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Beds
Baths
ft²
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Closing Price
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About Lake Arrowhead
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Listed by: Donna Mousa, MOUNTAIN AIRE REALTY INC
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6017757
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6017757
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