2968 Old Cornelia Highway
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 10, 2024 | Sold | ||
| Sold | |||
| Jan 4, 2024 | Listed by Berkshire Hathaway HomeServices Georgia Properties | $479,900 | |
| Listed by Berkshire Hathaway HomeServices Georgia Properties | |||
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Extraordinary opportunity for you! Sale of Buyer's contingent house fell through after appraisal, financing, and due diligence complete. This immaculate home could be your dream country retreat! Experience relaxed country living at its finest in this beautiful, custom-built newer home situated on 6.1 gorgeous acres. Prepare to be impressed by the upgrades galore throughout the property. The well-crafted large country kitchen is a culinary masterpiece, featuring stainless steel double ovens, a commercial-grade Wolf gas cooktop, microwave, and dishwasher. The beautiful custom wood cabinets, granite countertops, and custom tile backsplash add a touch of elegance to this already stunning kitchen. Indulge in the owner's suite, where you'll find a lovely large custom tile shower and a separate tub, providing the perfect retreat for moments of relaxation and pampering. Premium grade luxury vinyl plank flooring graces the entire home, creating a seamless flow, while the bedrooms offer luxuriously carpeted comfort. Unwind and soak in the serenity of the surroundings on the relaxing rocking chair front porch, offering endless hours of rest and relaxation. And let's not forget the incredible oasis that awaits you on a screened-in back porch, where you can savor the outdoors while being protected from the elements. This property holds even more potential with the possibility of up to 2 additional homesites, allowing you to expand or invite loved ones to join you in this picturesque setting. The beautiful back yard provides a wonderful space for outdoor activities and enjoyment. Convenience is paramount, as this country retreat is located just minutes away from I-985, Gainesville, and Lake Lanier. Medical facilities, schools, entertainment, and shopping are all within easy reach, making every day errands and activities a breeze. Don't miss the opportunity to see this exceptional property for yourself. With its stunning features, remarkable setting, and prime location, it is truly must-see. Schedule a viewing today and discover the true essence of country living at its absolute best!
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| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
| Aug 17, 2023 | Price Decreased |
$489,900
↓ $10K
(2%) | |
| Price Decreased | |||
| May 23, 2023 | Listed by Berkshire Hathaway HomeServices Georgia Properties | $499,900 | |
| Listed by Berkshire Hathaway HomeServices Georgia Properties | |||
| | |||
|
Welcome to your dream country retreat! Look no further, as this amazing and immaculate home is exactly what you've been waiting for. Experience relaxed country living at its finest in this beautiful, custom-built newer home situated on 5.5 gorgeous acres. Prepare to be impressed by the upgrades galore throughout the property. The well-crafted large country kitchen is a culinary masterpiece, featuring stainless steel double ovens, a commercial-grade Wolf gas cooktop, microwave, and dishwasher. The beautiful custom wood cabinets, granite countertops, and custom tile backsplash add a touch of elegance to this already stunning kitchen. Indulge in the owner's suite, where you'll find a lovely large custom tile shower and a separate tub, providing the perfect retreat for moments of relaxation and pampering. Premium grade luxury vinyl plank flooring graces the entire home, creating a seamless flow, while the bedrooms offer luxuriously carpeted comfort. Unwind and soak in the serenity of the surroundings on the relaxing rocking chair front porch, offering endless hours of rest and relaxation. And let's not forget the incredible oasis that awaits you a screened-in back porch, where you can savor the outdoors while being protected from the elements.This property holds even more potential with the possibility of up to 2 additional homesites, allowing you to expand or invite loved ones to join you in this picturesque setting. The beautiful back yard provides a wonderful space for outdoor activities and enjoyment. Convenience is paramount, as this country retreat is located just minutes away from I-985, Gainesville, and Lake Lanier. Medical facilities, schools, entertainment, and shopping are all within easy reach, making everyday errands and activities a breeze. Don't miss the opportunity to see this exceptional property for yourself. With its stunning features, remarkable setting, and prime location, it is truly a must-see. Schedule a viewing today and discover the true essence of country living at its absolute best! The manager has listed the unit size as 1899 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017