487 Golf Course Road
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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 6, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | Listed by Peggy Slappey Properties Inc. | $325,000 | |
| Listed by Peggy Slappey Properties Inc. | |||
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Welcome to 487 Golf Course Road! Are you looking to escape the confines of city life or an HOA? This is the property for you! Sitting on a level +/- 1.4-acre lot, this 4-sided brick ranch home is in a great location adjacent to the Pine Hills Golf Club. The abundance of natural light greets you upon entering the open-concept common areas. Tastefully finished with all the farmhouse feels! If entertaining is your thing, this layout is ideal: an expansive family room open to the dining room showcasing a wood-burning stove. The kitchen offers an abundance of counter space and distressed-painted cabinets with/ a breakfast/office area. The master suite features a large walk-in closet, and ensuite tastefully finished with a stand-alone soaking tub and shiplap walls. The split bedroom floorplan also offers two additional bedrooms and another full bath. There are multiple locations to relax while enjoying the views of your homestead, including a cute front porch and a large back patio. The 20'x23' garage is ideal for additional storage. Highly desired location minutes to Hwy 316, downtown Winder, Bethlehem, and Athens. Come tour this unique home before it's too late!
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| Dec 9, 2020 | Sold | ||
| Sold | |||
| Jul 15, 2016 | Sold | ||
| Sold | |||
| Aug 14, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017