399 Grindstone Creek Drive
About This Property
Listed By
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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 |
|---|---|---|---|
| Oct 7, 2026 | Listed by Keller Williams Greater Athens | $550,000 | |
| Listed by Keller Williams Greater Athens | |||
| Jan 6, 2026 | Sold | ||
| Sold | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Price Decreased |
$538,500
↓ $7K
(1.2%) | |
| Price Decreased | |||
| Sep 17, 2025 | Listed by Living Down South Realty | $545,000 | |
| Listed by Living Down South Realty | |||
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STEP INSIDE this Cape Cod-style home where the main level features light-filled living spaces, hardwood floors, and a welcoming kitchen designed for both everyday use and entertaining. MULTIGENERATIONAL LIVING awaits you and your family with a FINISHED BASEMENT including a kitchenette that is well thought out with your guests or family in mind! Get all your work done and in peace with OFFICE/homework space options on each of the three levels. This 2.6 ACRE lot backs up to a lovely wooded creek area where you can EASILY ENTERTAIN or enjoy your privacy! OWNER'S SUITE ON MAIN is what you've been waiting for! RELAX after a long day in front of the living room's wood burning stove on those cozy fall nights! SIT and ENJOY this tranquil setting only 5 minutes from downtown Clarkesville!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017