362 Rainwater Trail
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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.
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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 |
|---|---|---|---|
| Oct 23, 2022 | No longer available | - | |
| No longer available | |||
| Oct 21, 2022 | Sold | ||
| Sold | |||
| Sep 8, 2022 | Listed by Northeast Georgia Clarkesville | $659,000 | |
| Listed by Northeast Georgia Clarkesville | |||
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Do not miss this new listing on one of the most coveted streets and neighborhoods in Rabun County! Charlie Mountain Retreat over Lake Burton is an all-time favorite location for being close to the lake, 10 minutes to Clayton, 5 minutes to the Waterfall Club and for truly being one of the friendliest neighborhoods you'll ever encounter! This home boasts a wraparound porch that spans the entire house and welcomes you from the minute you pull in the circular driveway. Inside is a beautiful great room featuring high ceilings, rich, warm hardwood floors, a stone fireplace with gas logs and a full wall of windows to let in plenty of sunshine. The open concept kitchen and great room leads right to the massive screened in porch creating the ultimate entertaining house! No one will ever tire of the ever-changing mountain views complete with sunsets! And although the views are incredible at this time of year, with a peak-a-boo sighting of Lake Burton in the distance, just wait until they open up in the winter with the stunning long-range mountains and Lake Burton glistening in the foreground. The generous master bedroom is on the main complete with double vanities and a beautiful separate tile shower. Upstairs is another large bedroom, also with a full bath & double vanities, and a spacious loft offering the perfect location for a home office, exercise area, or additional sleeping space. The lower level boasts a cozy family room perfect for teenagers or guests & two additional big bedrooms with a third double vanity bathroom, and another expansive deck all perfect for multigenerational fun! With this well designed home with the excellent space, views & location, it will not last long! At the right offer, this could all be completely turnkey! Just bring your toothbrushes, p. jas and start living the lake/mountain dream!! Thereas so much to experience with farm to table award winning restaurants throughout the county, art galleries, boutiques, and outdoor activities galore! Where else will you find 3 state parks, dozens of hiking trails with stunning waterfalls, trophy lake & river fishing, wineries, zip lines, horseback riding and so much more! Call now for your appointment! The manager has listed the unit size as 2745 square feet.
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| Aug 25, 2022 | Listed by BHHS Georgia Properties | $659,000 | |
| Listed by BHHS Georgia Properties | |||
| May 4, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017