282 Maple Ridge 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 6, 2022 | Sold | ||
| Sold | |||
| Aug 1, 2022 | No longer available | - | |
| No longer available | |||
| Jul 27, 2022 | Listed by Keller Williams Realty Atlanta Partners | $385,000 | |
| Listed by Keller Williams Realty Atlanta Partners | |||
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Look no further for an amazing investment opportunity and your own personal mountain retreat! Pure Gold. 1BR/1BA cozy cabin for couples brings in $55,000 per year in rental income. Cabin offers the highest standards in luxury amenities, amazing income potential, and is located in the gated, vacation community of Cedar Creek. Great location about 20 minute drive from Helen, GA for all entertainment, shopping, dining, and famous Helen festivals & attractions! Stunning natural wood finishes, plenty of natural light, and a gorgeous stone fireplace in the family room. Open concept bedroom with king bed and a luxurious full bath with Pure Air jacuzzi spa. Challenge your special someone to a friendly game of pool or relax in the sauna. Kitchen offers granite countertops, breakfast bar, stainless steel appliances, and has all the basics you would expect. Step out onto the covered back porch to watch the sun set and enjoy all the sights and sounds of nature while relaxing, sipping your coffee/wine, or soaking in the hydrotherapy spa for two. ALL outdoor and indoor furniture is included in the sale. This community is also perfect for big groups like family reunions, weddings, as there are other cabin rentals available. This cabin is your opportunity to have the best of both worlds to use it yourself as a private getaway and rent it out when you are not! This is a turn key cabin including the current management company located two minutes away. Your future rental income is already secured - you will be making money the day you close. Other rustic resale and buildable cabins available for a buyer looking to purchase a larger portfolio of a ready-made income property.
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| May 25, 2022 | No longer available | - | |
| No longer available | |||
| May 25, 2022 | Listed by KELLER WILLIAMS REALTY ATL PART | $385,000 | |
| Listed by KELLER WILLIAMS REALTY ATL PART | |||
| | |||
|
Look no further for an amazing investment opportunity and your own personal mountain retreat! Pure Gold. 1BR/1BA cozy cabin for couples brings in $55,000 per year in rental income. Cabin offers the highest standards in luxury amenities, amazing income potential, and is located in the gated, vacation community of Cedar Creek. Great location about 20 minute drive from Helen, GA for all entertainment, shopping, dining, and famous Helen festivals & attractions! Stunning natural wood finishes, plenty of natural light, and a gorgeous stone fireplace in the family room. Open concept bedroom with king bed and a luxurious full bath with Pure Air jacuzzi spa. Challenge your special someone to a friendly game of pool or relax in the sauna. Kitchen offers granite countertops, breakfast bar, stainless steel appliances, and has all the basics you would expect. Step out onto the covered back porch to watch the sun set and enjoy all the sights and sounds of nature while relaxing, sipping your coffee/wine, or soaking in the hydrotherapy spa for two. ALL outdoor and indoor furniture is included in the sale. This community is also perfect for big groups like family reunions, weddings, as there are other cabin rentals available. This cabin is your opportunity to have the best of both worlds to use it yourself as a private getaway and rent it out when you are not! This is a turn key cabin including the current management company located two minutes away. Your future rental income is already secured - you will be making money the day you close. Other rustic resale and buildable cabins available for a buyer looking to purchase a larger portfolio of a ready-made income property. The manager has listed the unit size as 1114 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017