River Rd 3 Road
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 |
|---|---|---|---|
| Apr 6, 2023 | Sold | ||
| Sold | |||
| Feb 2, 2023 | Listed by Keller Williams Lanier Partner | $84,900 | |
| Listed by Keller Williams Lanier Partner | |||
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Endless opportunities await you with this beautiful 5.84 acres of unrestricted land located conveniently on the corner of River Rd and Hwy 72. Just 30 minutes away from UGA, and only 10 minutes away from Watson Mill Bridge State Park! This property consists of two lots and already has two building sites cleared for you along with a partially paved and graveled driveway! Both lots are partially cleared, but still have enough trees and greenery to keep that private feel. Creek running through property. Soil test completed and on file. This one is a must see to truly appreciate!
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| Nov 22, 2022 | Sold | ||
| Sold | |||
| Oct 8, 2021 | Listed by RE/MAX Classic | $59,900 | |
| Listed by RE/MAX Classic | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017