Listing Courtesy of: GINA B KENDRICK, Berkshire Hathaway HomeServices Georgia Properties
$182,500
●
Land -
Off Market
4758 DESTITUTE Way
Gainesville, GA 30506
Studio
0 Bath
$324,096
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model
About This Property
ONE OF THE PRETTIEST BUILDING LOTS IN NORTH HALL/WAHOO LAKE LANIER
AREA! Just begin your drive down this street and immediately you
will have the most wonderful feeling of being in Lake Burton!
Deeded Single-Slip Dock in small, well kept Community Slip
Dock that offers Power, Water, Deck Storage Box, ready for a lift,
there is a huge deck w/grill and area perfect for picnics, swimming
or just sitting and enjoying the view! Desirable Mt. Vernon, NH
Middle & NH High schools. Buy & Build now or hold for investment-
Unit Size
-
Days on Market
-
Land Size
1.58 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2020
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 12 months ago (FMLS #5392727)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2019 | Sold | ||
| Sold | |||
| Jul 2, 2018 | Listed by Keller Williams Lanier Partners | $134,900 | |
| Listed by Keller Williams Lanier Partners | |||
| | |||
|
Motivated Seller - Bring All Offers! Enjoy the tranquility of this beautiful lake lot! Desirable North Hall/Mt Vernon school district. Only corp of Eng property between property and the water- forever water view! Deeded single-slip dock in small, well-kept community dock that offers golf cart path, upper party deck, power, water, deck storage box, ready for a lift, large deck w/grill and area perfect for picnics, swimming or just sitting and enjoying the view! Build your dream home now or keep as an investment!
| |||
| Jul 20, 2015 | Sold | ||
| Sold | |||
| Feb 4, 2015 | Listed by Berkshire Hathaway HomeServices Georgia Properties | $182,500 | |
| Listed by Berkshire Hathaway HomeServices Georgia Properties | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Hall
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Listed by: GINA B KENDRICK, Berkshire Hathaway HomeServices Georgia Properties
Last Updated: 12 months ago
Data Source: FMLS, MLS# 5392727
Last Updated: 12 months ago
Data Source: FMLS, MLS# 5392727
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