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254 Indigo Bunting Trail
About This Property
access to approximately 226 feet of shoreline and stunning water views. New reduced price reflects the cost of any updates that a buyer may want to do.
Near Gates and Amenities. Newer roof and gutters. Flat lot and
driveway with 2 car garage. Walk to water's edge from back door. Home
features an open floor plan with primary suite on main, along with large
office/flex area, abundant natural light, and seamless access to outdoor
spaces perfect for relaxing or entertaining. A spacious screened porch
overlooks the lake and nature. Trex decking on main level so very low maintenance.
Pella windows/sliders shows the quality that this home provides. Terrace
level has spacious family/recreation room along with two guest
bedrooms, each with own bathroom. Enjoy direct access to the lake for
kayaking, fishing, and peaceful lakeside living. Located in the gated
residential mountain community of Big Canoe with amenities including
golf, tennis, hiking trails, and fitness facilities. A rare opportunity to own
premier lakefront property in North Georgia. Recent list price reduction of $26k reflects allowances towards any updating. Furnishings not included in list price. Buyer to verify all information and dimensions deemed important.
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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 |
|---|---|---|---|
| Sep 3, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Price Decreased |
$799,000
↓ $90K
(10.1%) | |
| Price Decreased | |||
| Jun 28, 2026 | Price Decreased |
$889,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Jun 2, 2026 | Price Decreased |
$899,000
↓ $26K
(2.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017