Lot 47 Burger RD #47
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 12, 2023 | No longer available | - | |
| No longer available | |||
| May 13, 2023 | Listed | $38,000 | |
| Listed | |||
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Mountain View, beautiful mountain view can be obtained with tee trimming. This 1.15+/- wooded acres is very private and peaceful gated community. Great location with easy access and minutes to down town Murphy, NC and Blairsville & Blue Ridge, GA for shopping, dining, entertainment and medical. Just a short drive to our local lakes for boating, kayaking, fishing and swimming. If you love the outdoors, this is a beautiful area to enjoy all of your outdoor activities. Come take a look, you will agree, this is a great place to build your dream home!
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| May 11, 2023 | No longer available | - | |
| No longer available | |||
| Nov 29, 2022 | Listed | $44,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
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05/13/2023
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Loft
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$38,000
Loft
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Mick Goebel
Carolina Mountain Homes
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11/29/2022
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Loft
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-
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-
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$44,000
Loft
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-
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Mountain Leisure Team
REMAX MOUNTAIN PROPERTIES
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Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017