20
Map
309 Quail Run
About This Property
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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 |
|---|---|---|---|
| Mar 17, 2025 | Price Decreased |
$267,000
↓ $3K
(1.1%) | |
| Price Decreased | |||
| Feb 21, 2025 | Price Decreased |
$270,000
↓ $9K
(3.2%) | |
| Price Decreased | |||
| Jan 31, 2025 | Price Decreased |
$279,000
↓ $4K
(1.4%) | |
| Price Decreased | |||
| Jan 13, 2025 | Price Decreased |
$283,000
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Sep 25, 2024 | Relisted | $285,000 | |
| Relisted | |||
Property Highlights
309 Quail Run
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
01/31/2019
| |
3 Bed
|
2 Bath
|
1311 ft²
|
$145,000
3 Bed
2 Bath
1311 ft²
|
$150,800
+4.00%
03/11/2019
|
VICKIE L SEVERCOOL
KELLER WILLIAMS REALTY INTOWN ATL
|
Building Info
About Martin Lake Condominiums
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Last Updated: 9 hours ago
Data Source: FMLS, MLS# 7442175
