269 Arbor Gates 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%.
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 |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Aug 28, 2023 | Listed by K & A Realty Group LLC | $294,900 | |
| Listed by K & A Realty Group LLC | |||
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Introducing this newly remodeled home just outside of downtown Cornelia!!! Come check out all the upgrades in this beautifully done remodel job. The upgrades include: New flooring throughout the main level, granite countertops in the kitchen and master bathroom, new paint, all new baseboards and shoe molding as well as charming rock work on the front of the home. It is located within the city limits and is just a short walk away from downtown Cornelia and Cornelia city park. It is on city sewer which is a huge plus too! This home also includes a two car garage on the main level and a large partially finished basement allowing for easy upgrades. Come check out this ideal property in a quiet neighborhood!!! Bonus: All appliances have an extended warranty that extends to the new owners for the next two years.
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| Jun 29, 2023 | Sold | ||
| Sold | |||
| May 8, 2023 | Listed by Keller Williams Rlty Atl. Part | $189,900 | |
| Listed by Keller Williams Rlty Atl. Part | |||
| Jul 2, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017