255 Cap Fry 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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by Keller Williams Lanier Partners | $430,000 | |
| Listed by Keller Williams Lanier Partners | |||
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This charming home in Demorest provides easy access to everything you need for comfortable living. This ranch home boasts 4 bedrooms, 2 full updated bathrooms, and 4.56 acres of UNRESTRICTED land. The living room is cozy and welcoming, featuring a fireplace and new LVP flooring that runs throughout the house. The kitchen is thoughtfully crafted with custom cabinets, updated granite countertops, a walk-in pantry, and a very large bar island, making it perfect for preparing meals and entertaining guests. There is also a formal dining area for more formal occasions. Tiled floors anchor the kitchen and formal dining area. The bathrooms have been updated to include beautiful amenities, such as a walk-in tile shower in the master bathroom and tile flooring. The home also has an ideal large front porch with a swing and a spacious back deck that offers peaceful views of the wooded area. Plenty of room for outdoor grilling and entertaining. The 4.56 acres is unrestricted! Perfect for 4-wheeling, hunting, hiking, foraging, and basking in the solitude of nature. The full basement features plate-anchored reinforced walls for added stability and the potential for additional usable space. The property is situated just minutes away from local shopping, dining, Piedmont College, and within a 15-minute drive to North Georgia Technical College. The house offers a combination of convenience and nature. With super easy access to highways 365 and 441, commuting is a breeze.
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| Mar 14, 2024 | Listed by Keller Williams Lanier Partner | $430,000 | |
| Listed by Keller Williams Lanier Partner | |||
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| May 5, 2021 | Listed by Keller Williams Lanier Partner | $330,000 | |
| Listed by Keller Williams Lanier Partner | |||
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Home under contract at the time of listing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017