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3043 Chattahoochee Trace
About This Property
The lot is ready to build, with the septic approval, site plan approval, and permit already completed and paid for, saving the new owner valuable time and expense. water meter already installed
The owner is a licensed Georgia builder and is happy to build the custom home that has already been designed for this property, or you are welcome to purchase the lot and bring your own builder.
The surrounding area continues to see significant investment, with homes in and around the country club being beautifully renovated or replaced with impressive custom homes. This property has the potential to become one of the neighborhood's true showpieces.
The custom home concept designed specifically for this lot features a basement garage with a grand staircase leading from the driveway entrance, an elevator servicing all levels, and an open-concept main floor designed for comfortable everyday living and entertaining.
Schedule a private walk of the property to truly appreciate the vision, layout, and potential this incredible homesite offers.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 5, 2026 | Relisted | $100,000 | |
| Relisted | |||
| Aug 27, 2026 | No longer available | - | |
| No longer available | |||
| Aug 6, 2026 | Price Decreased |
$105,000
↓ $10K
(8.7%) | |
| Price Decreased | |||
| Jul 23, 2026 | Listed by Grindle Real Estate Group | $115,000 | |
| Listed by Grindle Real Estate Group | |||
| Jun 1, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017