40 Cloud Lane
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 |
|---|---|---|---|
| Nov 7, 2023 | Sold | ||
| Sold | |||
| Aug 24, 2023 | Listed by Keller Williams Realty Atl Partners | $184,854 | |
| Listed by Keller Williams Realty Atl Partners | |||
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Cute Remodeled Bungalow/Cottage IS the perfect house for you!!!
PERFECT for the first time home buyer or if you are downgrading to a smaller house, THIS IS IT!! Located in a quiet and private neighborhood, this gorgeous 1 story house offers 2 bedrooms & a full bath with a bonus/office/flex room that could be used as a 3rd bedroom. House offers a remodeled Kitchen with new cabinets & granite countertops, a living room, a dining room, a laundry closet & New
Laminate flooring. Only 3 yr old HVAC (2020), New Electrical, New Plumbing, Electric 4 year old Water Heater & more! The exterior is Hardiplank and wood. The Shingle roof replaced in 12/2018 & house also has a new Carport with a metal roof (2020). THE PROPERTY EXTENDS BEYOND THE FIRST WOOD FENCE IN THE BACK OF THE PROPERTY. New wood fence & front and back porch. Great Open land perfect for family gatherings, BBQ or parties. Come see this gorgeous house for yourself! Great Location!! Approximately 35 mins from the Atlanta Hartsfield Airport, 28 mins from Stockbridge, 23 mins from Griffin, 18 mins from McDonough.Call your favorite agent or myself to schedule a showing. House is sold As Is. Check the video in this listing or in youtube. Call Angie for questions. Agents: Please read private remarks for sold information.
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| Jul 4, 2023 | No longer available | - | |
| No longer available | |||
| Jul 3, 2023 | Relisted | $178,000 | |
| Relisted | |||
| Nov 4, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017