44 Whitewater 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 24, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by Harry Norman, REALTORS | $549,000 | |
| Listed by Harry Norman, REALTORS | |||
| Apr 3, 2024 | No longer available | - | |
| No longer available | |||
| Sep 22, 2023 | Listed by CENTURY 21 Black Bear Realty | $595,000 | |
| Listed by CENTURY 21 Black Bear Realty | |||
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Wow, it sounds like you've found a beautiful property in the Tusquittee Valley! This newly renovated home offers a serene location surrounded by National Forest and is only 8 miles from Historic Downtown Hayesville, NC. The main floor features two bedrooms and two bathrooms, including a master bedroom with French doors leading out to a morning sunrise deck. The master bathroom boasts granite counters and a glassed-in tiled shower. The open floor plan includes a newly renovated kitchen with granite countertops and a pantry, a great room with a large stacked stone fireplace, vaulted ceilings, skylights, and a covered front porch. The ground level is unfinished, providing an opportunity for personalized expansion. With its location between two spring-fed creeks and an open garden area, there is plenty of space for large garages, workshops, outbuildings, and parking. It's the perfect place to enjoy the tranquility of nature while still being conveniently located near downtown Hayesville.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017