28 Orbit Lane
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 26, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | Listed by RE/MAX Town And Country | $535,000 | |
| Listed by RE/MAX Town And Country | |||
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Discover your perfect retreat in this cozy cabin, nestled amidst the tranquil beauty of the woods. This meticulously maintained, spacious 3-bedroom, 3-bath cabin with an open floor plan has so much to offer. Follow the paved driveway to this cabin with a wrap-around deck, recently replaced and newly painted exterior. Step into the inviting living area with cathedral ceilings, a real wood-burning rock fireplace, and an all-wood interior. Enjoy a spacious dining area that leads to a large screened-in porch. Exit the living area to the wrap-around deck through new sliding glass doors and screens. The kitchen boasts oak cabinets, upgraded leathered granite live-edge counters, a farmhouse sink, and a double oven. The master bedroom is on the main level, featuring his-and-her closets with custom organization and a master bath with a double vanity and leathered granite counters. Ascend to the completely remodeled upstairs, which includes a large barn door for privacy in the oversized bedroom with a walk-in closet, and a full bath. The loft area offers endless possibilities. Descend to the finished basement, featuring all-wood tongue and groove interior, a bedroom, living area, and a full bath with shower and laundry area. The exterior includes a new storage building with electricity and a beautifully landscaped fenced yard with a lovely fire pit area. A large one-car garage is conveniently attached. Exterior furniture and much of the interior furniture will be included. Don't miss out on this home in a quiet part of a gated community, close to the entrance and the Coosawattee Recreation Center with indoor pool, fitness center, game room, tennis courts, and putt-putt golf. Located within 10 miles of downtown Ellijay!
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| Nov 30, 2018 | Sold | ||
| Sold | |||
| Nov 3, 2018 | No longer available | - | |
| No longer available | |||
| May 28, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017