3883 Cherokee Ford
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 |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Mar 16, 2024 | Listed by The Norton Agency | $1,100,000 | |
| Listed by The Norton Agency | |||
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Welcome to your ultimate retreat at Lake Lanier! Step into this beautifully maintained home, where relaxation awaits you the moment you arrive. Boasting a Single Slip Dock this property is a water enthusiast's dream. With impeccable attention to detail and stunning finishes throughout, every corner of this home exudes elegance. The main level features an open concept Great Room highlighted by a massive stone fireplace, a sun-drenched sunroom, and a dream kitchen equipped with gourmet stainless steel appliances to include double ovens and a gas cooktop topped with gleaming quartz countertops. Indulge in captivating views from every angle, whether you're on the expansive screened porches, sunroom, decks, or inside the thoughtfully designed floorplan that is perfect for entertaining. Retreat to the luxurious Owner's Ensuite conveniently located on the main floor, offering privacy and comfort. Additional Living room, bedroom and full bathroom on the main. As you venture downstairs to the finished Terrace Level, you'll discover a spacious Family Room with a second stone fireplace, a Game Room area and wet bar ideal for hosting gatherings, plus an additional two full bedroom and 2 full bathrooms for added convenience. For those seeking a seamless indoor-outdoor lifestyle, the terrace level Family rooms leads out to a screened porch, uncovered deck and flagstone pad with room for an additional gathering space. Here, breathtaking views of the lake serve as the perfect backdrop for entertaining. Embrace the Lake Lanier lifestyle with ease, as this home is just steps away from Lake Lanier, offering endless opportunities for water sports, fishing, and relaxation. Possible Air bnb. Situated on a tranquil cul-de-sac lot and complemented by a 2-car detached garage-connected to the home by a breezeway and fenced-in side yard for the family's favorite pet plus a storage shed, this property effortlessly combines comfort, convenience, and luxury.
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| Aug 3, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017