409 Kelsey Mountain
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 21, 2021 | No longer available | - | |
| No longer available | |||
| Dec 17, 2021 | Sold | ||
| Sold | |||
| Nov 16, 2021 | In contract | - | |
| In contract | |||
| Aug 7, 2021 | Listed by Poss Realty | $895,000 | |
| Listed by Poss Realty | |||
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Elevation 3600' with an Incredible View of Blue Valley and the NC Mountains! Located on a rhododendren shrouded lane bordering U.S.F.S. immediate to the Rabun Bald Trail Head and the Bartram Trail. This beautiful mountain home is your personal lodge with abundant windows, exposed beams, high vaulted ceilings, large decks, porches, wood floors, master bedroom on the main, massive stone chimney with wood stove, Vermont Castings heater and more. 2 bedrooms 2 baths on the main level and 2 bedrooms and 1 bath up. Master bath has granite counter tops, tile walk in shower and garden tub. Lower level has lots of windows to take in the view and is a wonderful "flex" space for a separate den or office. Trane HVAC installed in 2019. Large encapsulated, walk-in, crawl space with humidity control offers lots of storage. Lots of privacy, 1.97 acres. 2 steps into the house and main level - easy entry! The manager has listed the unit size as 3060 square feet.
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| Jul 19, 2021 | Listed by Poss Realty | $895,000 | |
| Listed by Poss Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017