TRACT 3 Knob 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%.
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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 11, 2024 | No longer available | - | |
| No longer available | |||
| Oct 25, 2023 | Price Increased |
$299,000
↑ $4K
(1.4%) | |
| Price Increased | |||
| Oct 23, 2023 | Listed by POSS REALTY | $295,000 | |
| Listed by POSS REALTY | |||
| | |||
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Have yet to visit Bavaria? Much less expensive and much more convenient to visit are the Bavarian Style condos that sit mountainside overlooking Sky Valley, the highest city in GA where Spring Spends the Summer. Unit13-14 is a 1400 SF three level three-bedroom 3 bath unit that has been nicely updated through the years. The condo will be sold fully furnished and ready to move-in Whether you are looking for a full-time residence, a summer getaway or a vacation rental this unit will meet your needs. The large, cozy stone woodburning living room fireplace will always be an inviting four-season attraction as is the back deck with comfortable furnishings and grill for outdoor cooking, morning coffee or evening wine. The open upstairs bedroom will open the galaxies as you can count stars on the way to sleep. The two bedrooms, two bath lower level offers large bedrooms, each opening to a connected outdoor living seating area. When you are not enjoying your condo, you will love, fly fishing kayaking or tubing on the nearby Chattooga River. Don't forget to bring along a jacket or sweater as the typical May-September temperatures rarelyexceeds75 degrees. Playing the fabulous 18-hole golf course, swimming in our heated pool or working out in our fitness area are every day activities. The Town of Highlands, NC and Clayton, GA are approximately12 miles equidistant and are known for their one-of-a-kind shops and great restaurant choices for dining out. Sky Valley elevation is from 3500 to 4000' and hiking trails are numerous. Close by adventures include the Bartram Trail, Highlands Canopy tours as well visit one of many small town festivals. Be sure to bring a sweater as evening temperatures are normally cool.
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| Mar 28, 2022 | Sold | ||
| Sold | |||
| Feb 1, 2022 | Listed by BHHS Georgia Properties | $53,000 | |
| Listed by BHHS Georgia Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017