462 Shankle Heights
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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 8, 2022 | Sold | ||
| Sold | |||
| Nov 10, 2022 | Listed by La Rosa Realty Georgia | $289,900 | |
| Listed by La Rosa Realty Georgia | |||
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The one you have been waiting for! New construction Ranch Home in .75 acre corner lot in the City of Commerce. 3BR & 2BA, Open concept with White cabinets and granite Kitchen countertops, Breakfast bar and breakfast area, 2 car garage with openers, Rear deck with staircase to huge backyard. Be the first one to occupy this new home. Sewer connected. Convenient location and access to downtown and main 441 Hwy. Call for details!
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Property Highlights
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About Commerce
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Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20087426
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