2289 Lavender 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 |
|---|---|---|---|
| Apr 8, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by Keller Williams Rlty Consultants | $399,000 | |
| Listed by Keller Williams Rlty Consultants | |||
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Built in 2007, this well-maintained home is situated in the highly sought-after East Cobb area, offering easy access to I-75 and KSU. There is an open and airy floor plan with hardwood floors throughout. The living room features a cozy fireplace. The home's layout, with a downstairs bedroom and a large primary suite upstairs, offers an ideal setup for roommates or guests. The primary suite is located on the upper level with a custom closet system and a private en-suite bath. The kitchen has granite countertops, stainless steel appliances, and a large prep island. Adjacent to the kitchen, a dining area and a built-in desk provide the perfect spot for meals or managing work from home. Step outside to the expansive deck overlooking a private backyard. With no HOA, this property represents an incredible opportunity for investors or first time home buyers.
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| May 17, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017