422 Ashley 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 |
|---|---|---|---|
| Mar 1, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2023 | Listed by Keller Williams Rlty.North Atl | $50,000 | |
| Listed by Keller Williams Rlty.North Atl | |||
| Sep 12, 2022 | No longer available | - | |
| No longer available | |||
| Feb 24, 2022 | Price Increased |
$70,000
↑ $10K
(16.7%) | |
| Price Increased | |||
| Feb 9, 2022 | Listed by Keller Williams Realty Atlanta Partners | $60,000 | |
| Listed by Keller Williams Realty Atlanta Partners | |||
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Beautiful 2.87-acre lot ready for you to build on. 2 Lots/Parcels being sold together 422 Ashley Lane and 396 Ashley Lane. Zoned R1 for residential. A bridge over the small stream in front of the property has been approved thanks to the efforts of Design BIM Group, LLC. Floorplans have been drawn up and should have no problems getting approved. Floorplans are available upon request. The Septic tank location has been selected and should have no problems being approved. The property is 20 minutes to UGA great for those looking for a College Town, with nearby amenities in an up-and-coming area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017