2780 Murray Cove 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 |
|---|---|---|---|
| Sep 3, 2023 | No longer available | - | |
| No longer available | |||
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2023 | Listed by Berkshire Hathaway HomeServices Georgia Properties | $2,995,000 | |
| Listed by Berkshire Hathaway HomeServices Georgia Properties | |||
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2780 Murray Cove Rd offers a rare opportunity to own a piece of paradise on Lake Burton, one of Georgia's most sought-after destinations. The breathtaking beauty of the surroundings will captivate your approach to this renovated yet quintessential fishing cabin. Nestled amidst lush greenery and mature trees, the home blends seamlessly with its natural environment, offering a serene and private escape from the hustle and bustle of city life. Boasting an enviable lakefront location and a brand new two-stall, two-story boathouse, this property is ready for lake life! Imagine waking up to the gentle sounds of water lapping against the shore and spending your days soaking up the sun on the floating dock. Whether you enjoy fishing, boating, water sports, or simply relaxing by the water's edge, this lakefront paradise has it all. The home itself exudes rustic charm and character while providing all the modern amenities you desire. Step inside to discover an inviting interior, featuring an open floor plan that seamlessly connects the living, dining, and kitchen areas. Anchored by ensuite bedrooms with lake access on both ends of the home, as well as a bunk room and bonus room with a jack-and-jill bathroom, this property accommodates all of your guests. Ample windows throughout the home offer panoramic lake views and fill the space with natural light. In addition to the boathouse and dock, the property includes multiple outdoor living spaces, including a spacious deck, screened-in porch, and two-stall carport, perfect for enjoying al fresco dining, hosting gatherings, or simply unwinding while admiring the sunset over the lake. Now is your chance to purchase this turnkey Lake Burton property, providing immediate enjoyment while affording time to envision your future dream lakefront retreat. Schedule your private tour today and experience the allure of this remarkable Lake Burton property firsthand. Act quickly . . . this opportunity will not last long! The manager has listed the unit size as 1744 square feet.
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| Jul 13, 2023 | Listed by BHHS Georgia Properties | $2,995,000 | |
| Listed by BHHS Georgia Properties | |||
| Sep 26, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017