236 Twin River Road
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 |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Sep 22, 2023 | Listed by Virtual Properties Realty.com | $307,000 | |
| Listed by Virtual Properties Realty.com | |||
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**Current owner recently spent over $25,000+ in upgrades throughout the home and property.** Built in 2022, this private manufactured home is on permanent foundation. Modern appeal is the phrase that describes this 3 bedroom, 2 bath home with a large flex room that offers the potential to convert to a 4th bedroom. Situated on 1.70 acres of UNRESTRICTED level land. NO HOA! Featuring an open floor plan, perfect for entertaining. The kitchen features an eat-in island with more than ample space, white shaker style cabinets, and new appliances. The master bedroom includes a roomy ensuite bathroom with soaking tub, separate shower, and double vanity. Included with this home is a 14’ X 40’ storage building that can be used as man cave, she shed, hobby room, office, convenient storage building, or finish it and have a guest home on site. The property has an old metal chicken barn with a workshop room, large roll up doors that can house an RV. Bring your farm animals to roam in the fenced in area attached to the barn. Property has a new well and a new septic system. Working from home is a breeze with fiber high-speed internet. Conveniently located! Close to Clarksville, downtown Demorest, Cornelia or Cleveland! Minutes to Hwy 365 and Hwy 441 for easy commute.
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| May 25, 2023 | Sold | ||
| Sold | |||
| Apr 13, 2023 | Listed by Keller Williams Lanier Partner | $269,900 | |
| Listed by Keller Williams Lanier Partner | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017