288 Teaberry 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 |
|---|---|---|---|
| Jul 26, 2023 | Sold | ||
| Sold | |||
| Jun 24, 2023 | Listed by Century 21 Results | $410,000 | |
| Listed by Century 21 Results | |||
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Renovated craftsman cabin in Big Canoe, North Georgia's premier gated mountain community. With its updated kitchen and baths, it offers modern amenities while maintaining the charm of a craftsman-style cabin. One of the highlights of the cabin is the screen porch with Eze Breeze windows, which allows you to enjoy the fresh mountain air and beautiful views. Additionally, the large deck provides a perfect spot to relax and take in the scenic mountain views. The cabin's location backing up to green space and Nature Valley trails offers a serene and natural setting, allowing you to immerse yourself in the beauty of the surrounding nature. A new HVAC system has been recently installed, ensuring comfort and climate control throughout the cabin. In terms of furniture, most of it is negotiable and can be included in a separate bill of sale. Overall, this renovated craftsman cabin in Big Canoe is a wonderful opportunity to own a comfortable and updated retreat in a premier gated community with stunning mountain views and access to nature trails.
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| Apr 28, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017