400 Martin Falls Manor
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 15, 2022 | Sold | ||
| Sold | |||
| Mar 22, 2022 | Listed by 1 Look Real Estate | $905,000 | |
| Listed by 1 Look Real Estate | |||
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FALL IN LOVE with this RARE Cherokee County Gem! Nestled on 1.72 acres! This impeccably maintained home is an entertainers dream! The list of unique features include; 5 fireplaces, massive 2 story wall of windows, a guest suite on the main level with a PRIVATE exterior entrance, a TRUE in-law suite on the terrace level that features a private entry, its own driveway and 2+ car garage! Theatre room, expansive living area, tons of windows, access to the pool, and FULL kitchen. Full bathroom on terrace level includes a steam shower. Pristine hardwoods adorn the main level. Primary suite is located on the main level, and truly is a retreat! Exquisite attention to detail with mill work, built-ins, custom closets, coffered ceiling, and extras! Upstairs is host to 3 bedrooms, or 2 bedrooms with a very large playroom, and 2 full bathrooms. Stately dining room can seat 12-16. Let's talk about the outdoors! Seclusion at its finest! Take a swim in your heated pool, relax in a lounge chair, or watch a game on the outdoor tv. The under deck patio has media, and outdoor audio in place. Enjoy a drink by the fire while listening to tranquility from 2 waterfalls. Custom built pool and koi pond are the focal points. Chilly evening? No problem! Bundle up and sit fireside in the enclosed deck. A little slice of heaven, yet close to major attractions like TRUIST Park, The Battery, Shopping, Lake Allatoona, incredible dining, and SO MUCH MORE!
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| Dec 1, 2021 | No longer available | - | |
| No longer available | |||
| Aug 20, 2021 | Relisted | $845,000 | |
| Relisted | |||
| Aug 17, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017