23 Flagstone Lane
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 |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | Listed by Hammock Realty North Georgia | $415,000 | |
| Listed by Hammock Realty North Georgia | |||
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New construction nestled in the sought-after Ares Creek subdivision. This three-sided brick home offers a seamless blend of elegance and practicality, designed for modern living. Step inside to find a spacious open floor plan, perfect for both casual living and entertaining. The living room, featuring a nice fireplace, sets the tone for comfort and relaxation. The kitchen is a cooks delight, boasting custom features such as stainless steel appliances, shaker-style cabinets, and granite countertops. A walk-in pantry adds convenience and ample storage space. The split bedroom layout ensures privacy, with the large owner's suite serving as a peaceful retreat. The oversized bathroom boasts a walk-in tile shower, soaker tub, and double vanities, along with a spacious walk-in closet. Luxury vinyl plank flooring adds a touch of modern style throughout the home, combining aesthetics with durability.
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| Oct 11, 2023 | Sold | ||
| Sold | |||
| Mar 9, 2023 | Listed by Hammock Realty North Georgia | $29,900 | |
| Listed by Hammock Realty North Georgia | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017