375 Wild Azalea Drive
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 |
|---|---|---|---|
| Dec 23, 2021 | Sold | ||
| Sold | |||
| Oct 17, 2021 | Listed by Talan Properties LLC | $240,000 | |
| Listed by Talan Properties LLC | |||
| Oct 13, 2021 | No longer available | - | |
| No longer available | |||
| Sep 5, 2021 | Listed by Keller Williams Realty of Franklin | $240,000 | |
| Listed by Keller Williams Realty of Franklin | |||
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LAKE Cabin at 3,000 ft+elevation in the NE Georgia Mountains. Lake is spring fed. Completely remodeled 2015. 2 bedrooms/2 baths + BONUS ROOM. This home is so sweet and comfortable, you will want to spend all of your time here. A fireplace in the living-room will make cool evenings cozy. 2 porches with FLAT YARD & fire-pit will make for fun outdoor entertainment. Strolling the private community roads will lead to a beautiful spring-fed lake. Enjoy an afternoon of fishing or canoeing. This cabin is just a couple of hours from Atlanta. Highlands NC is just about 12 miles away. Enjoy snow-tubing and zip-lining within minutes. Spring Lake POA states no short term rentals less than 1 month. Rental by the month is ok as stated in the amendment. The manager has listed the unit size as 1380 square feet.
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| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017