261 Lassiter Drive
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%.
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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 31, 2020 | Sold | ||
| Sold | |||
| Jun 10, 2020 | No longer available | - | |
| No longer available | |||
| May 14, 2020 | Listed by Solid Source Realty GA | $439,900 | |
| Listed by Solid Source Realty GA | |||
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Welcome Home to a stunning ranch in an upscale Ellenwood community. This home features 6 bedrooms and 5.5 bathrooms; soaring ceilings at foyer, dining room and master bedroom. Masterfully crafted columns and crown moulding galore, also included on the terrace level. Main Level features: 3 bedrooms and 2.5 baths on a split bedroom plan. Master bedroom includes: french door entry, sitting/office area with fireplace and hardwood floors, carpet in the sleeping area, vaulted and trey ceilings, master crown moulding & columns, his & her closets. Master Bath features: large jacuzzi bath, spacious separate shower, double vanities, vaulted ceiling, palladium window, and tons of cabinet space. Open concept floor plan with lots of windows and natural light. Separate dining room, living room, breakfast area and family room. Terrace Level is AWESOME. Completely finished it features: 2 large bedrooms and 2 full baths, LR with fireplace, full kitchen with Whirlpool ss appliances (refrigerator, range/oven, built-in microwave, dishwasher), rec room, dining room and a bonus room. Archways and crown moulding throughout. A covered patio is also included to enjoy the private backyard. If that isn't enough, there's a bonus room on the upper level with ensuite bath. You will want to call this home. No sign in yard. The manager has listed the unit size as 5494 square feet.
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| Feb 15, 2019 | Sold | ||
| Sold | |||
| Jan 26, 2019 | Listed by Property Systems Of The Southeast, LLC. | $421,000 | |
| Listed by Property Systems Of The Southeast, LLC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017