231 Daisy Lane
About This Property
Escape to this one of a kind property on 4.74 acres of unrestricted land, a home, a hobby shop, RV parking and huge carport in the heart of North Georgia! This charming cabin sits on 4.74 acres of unrestricted land, offering breathtaking seasonal mountain views and no HOA restrictions. The property is packed with incredible features, including a massive 8-car garage (40x40, 2 cars deep and 4 cars wide), a large American Eagle camper shed (20x45) that Seller can remove from property if desired, and a fully equipped red hobby shop/barn with 6 inches of concrete, 5 roll up doors, its own electricity meter and 400 amp service. Explore away on this 4.74 acres, or garden your heart out in the garden, while letting your pets roam around in the fenced in front yard area! Inside, the cabin boasts 1,680 sq. ft. of cozy living space with 3 bedrooms, 2 bathrooms, and a welcoming loft area. Modern amenities include new light fixtures, new appliances, new life-proof flooring, a wood-burning stove, and a recently updated roof (6 years old). Additional highlights include high-speed internet, a manual 12,000-watt generator only 1 year old, and an annual termite contract. With ample space for parking, a fenced-in yard, garden area, and close proximity to outdoor adventures like apple orchards, vineyards, waterfalls, and hiking trails, this home is ideal for full-time living, a vacation getaway, or a short-term rental investment. Located just 15 minutes from Downtown Ellijay for dining and entertainment. Close to many Apple Orchards, Vineyards, Waterfalls, Hiking Trails and more. Contact our trusted lender Dawn Kendall at Homeowners Financial NMLS 450804
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 18, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Price Increased |
$550,000
↑ $31K
(6%) | |
| Price Increased | |||
| Oct 9, 2024 | Price Decreased |
$519,000
↓ $6K
(1.1%) | |
| Price Decreased | |||
| Aug 7, 2024 | Listed by RE/MAX Town And Country | $525,000 | |
| Listed by RE/MAX Town And Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017