297 Ayers Creek 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 |
|---|---|---|---|
| Mar 24, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Listed by Hammock Realty North Georgia | $469,900 | |
| Listed by Hammock Realty North Georgia | |||
| Sep 14, 2025 | Listed | $472,500 | |
| Listed | |||
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Welcome to your brand-new home in the desirable Ayers Creek Subdivision! Situated on a spacious 1.31-acre lot, this residence offers countless upgrades with $20,000 in builder incentives and $2,500 in lender incentives. The thoughtfully designed Hillcrest floor plan features 5 bedrooms, 2.5 baths, and an inviting open-concept layout with soaring 10-foot ceilings. The family room centers around a charming wood-burning fireplace, creating the perfect setting for both relaxing evenings and entertaining guests. The kitchen showcases upgraded granite countertops, custom cabinetry, and a seamless flow into the dining and living areas. The main-level primary suite is a true retreat with an accent wall, free standing soaking tub, complete with a tiled shower, cultured marble countertops, tiled floors, and a spacious walk-in closet. Craftsman-style finishes enhance the home's timeless elegance, with luxury vinyl plank flooring throughout the main living areas and plush carpet in the bedrooms. Built with lasting quality, this home features cement siding with a masonry-accented front for durability and curb appeal. Outdoor living is a highlight, offering a covered side porch ideal for grilling and a covered back porch perfect for year-round enjoyment. This home is complete and move-in ready. Qualifies for 100% financing with approved credit and requires only $1,000 earnest money to go under contract! Do not miss this opportunity to become a part of a growing community!
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| May 22, 2025 | Listed | $472,500 | |
| Listed | |||
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Welcome to your brand-new home in the desirable Ayers Creek Subdivision with countless upgrades on large 1.31 acres with BUILDER AND LENDER INCENTIVES, just ask. The Hillcrest floor plan is thoughtfully designed with 5 bedrooms, 2.5 baths. The open-concept layout features, 10 ft ceilings, a wood-burning fireplace with a stunning overlook to the family room, perfect for cozy evenings or entertaining guests. The kitchen is a chef's delight, showcasing granite countertops, custom cabinetry, and a seamless flow to the dining and living areas. The primary suite, located on the main floor, is a true retreat. It features a tiled shower, tiled floors, cultured marble countertops, and a spacious walk-in closet. Craftsman finishes add timeless elegance throughout the home, with luxury vinyl plank (LVP) flooring in the main living areas and plush carpet in the bedrooms. Constructed with cement siding with a masonry-accented front for lasting durability and curb appeal. Step outside to covered side porch perfect for grilling and a covered back porch, perfect for relaxing or entertaining year-round. Don't miss this opportunity to own a brand-new home with modern style and functional design in a vibrant, growing community! Home is COMPLETE and ready for Homeowners. Home qualifies for 100% financing with approved credit and only $1,000 earnest money to go Under Contract.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017