335 Ritchie 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 |
|---|---|---|---|
| May 26, 2023 | Sold | ||
| Sold | |||
| Mar 9, 2023 | No longer available | - | |
| No longer available | |||
| Mar 8, 2023 | Listed by Keller Williams Lanier Partner | $299,900 | |
| Listed by Keller Williams Lanier Partner | |||
| Feb 22, 2023 | In contract | - | |
| In contract | |||
| Dec 13, 2022 | Listed by Keller Williams Realty Lanier Partners | $299,900 | |
| Listed by Keller Williams Realty Lanier Partners | |||
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CHARMING RUSTIC TURN-KEY CABIN PERCHED IN THE MOUNTAINS ON OVER 1 PRIVATE ACRE...MINUTES from outdoor activities, Lake Burton, Lake Rabun, Tallulah Gorge, and several hiking trails, plus a short drive to Downtown Clayton for all your shopping and entertainment needs! Enjoy the mountain view and sounds of birds chirping while spending time on the deck or by the fire pit. Cozy living room with gas log fireplace to stay warm on cold winter nights. Super functional galley-style kitchen with breakfast bar overlooking the living area along with plenty of cabinetry for storage and counter top space. Primary bedroom suite on main featuring en-suite bathroom with a soaker tub, separate tile shower, and private water closet. Ample sized guest bedroom on main level with full guest bathroom with a tub/shower combination. Lower level with tons of bonus space featuring basement garage for your tools and toys, third full bathroom, laundry closet, a game room with plenty of room for a pool table, plus another bonus room that could be used as a guest bedroom. Schlage Encode door locks that can be programmed remotely. Two water heaters, new HVAC with separate thermostats for each floor. Turn-key and furnished property ready to move in! Call our team today for your private showing! The manager has listed the unit size as 1788 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017