3353 Chestatee Road
About This Property
The manager has listed the unit size as 2719 square feet.
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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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | Listed by The Norton Agency | $1,250,000 | |
| Listed by The Norton Agency | |||
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This gated Lake Lanier estate is a true retreat with an easy stroll to a deep water 32x32 dock. The beautifully and thoughtfully renovated home is situated in the midst of big hardwood trees in a park like setting. Inside are high end finishes, including a Wolf stove, Sub-Zero refrigerator and quartzite counters in the kitchen. Great for entertaining or relaxing with fireplaces in the great room, outside the master on the sun deck and also on the screened porch. The main level primary suite has a dream closet loaded with built-in-drawers and shelving and a luxurious tiled shower. The finished terrace level has a family room that opens to the screened porch with outdoor kitchen area and entertaining space with bar, overlooking a hot tub. There's even an outdoor kennel. Convenient to GA 400, hospitals and Gainesville, it's hard to find a better spot on Lake Lanier with beautiful wide open water.
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| Dec 7, 2020 | Sold | ||
| Sold | |||
| Aug 5, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017