28346 N Hwy 57
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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Listed by ERA Hirsch Real Estate Team | $800,000 | |
| Listed by ERA Hirsch Real Estate Team | |||
| Feb 12, 2024 | No longer available | - | |
| No longer available | |||
| Aug 11, 2022 | Listed by ERA Hirsch Real Estate Team | $540,000 | |
| Listed by ERA Hirsch Real Estate Team | |||
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This 5 acre parcel is located one block from Exit 98 off Interstate 16, traveling West from Metter, GA. It is a perfect area for a commercial business of some type that deals with travelers. I-16 and Highways 46 and 57 bring countless passersby to this area. The vision takes seeing to believe. Currently, a 1987 Fleetwood Mobile Home is tenant occupied. The Mobile Home is being sold "As Is." A small pond is nestled behind the mobile home. The land is very visible from I-16 and offers an opportunity to expand into the commercial world.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017