80
Map
490 Dorsey Road
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 |
|---|---|---|---|
| May 6, 2026 | Price Decreased |
$650,000
↓ $200K
(23.5%) | |
| Price Decreased | |||
| Mar 11, 2026 | Listed by Century 21 Results | $850,000 | |
| Listed by Century 21 Results | |||
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470 & 490 Dorsey Road – 24.80 Acres with Two Homes. Rare opportunity to own two homes on a private, wooded 24.80-acre tract featuring a creek and 180+ blueberry bushes. Enjoy peaceful, rural living with convenient access to the Atlanta metro area—ideal for multi-generational living, rental income, or investment. 470 Dorsey Rd (built 2001): 2,051 sq. ft. finished, plus 2,051 sq. ft. unfinished daylight basement, and a two-car garage. 490 Dorsey Rd (built 1985): 1,875 sq. ft., partially finished daylight exterior-entry basement, four-car garage, and a large outbuilding suitable for storage or workshop use. Property is zoned residential-agricultural and is enrolled in a conservation program (since 2019), contributing to reduced property taxes. Square footage, bedroom, and bathroom counts reflect the combined totals for both homes in the MLS listing. Each residence includes a virtual tour with floor plans. Property is being sold AS-IS. No seller disclosures available. The listing agent is related to the seller. Buyer must be represented; no dual agency.
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| Feb 13, 2026 | Listed by Century 21 Results | $850,000 | |
| Listed by Century 21 Results | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017