5144 Artesian Spring Drive
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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 |
|---|---|---|---|
| Jun 24, 2023 | No longer available | - | |
| No longer available | |||
| Jun 23, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | In contract | - | |
| In contract | |||
| May 12, 2023 | Listed by Duffy Realty of Atlanta | $450,000 | |
| Listed by Duffy Realty of Atlanta | |||
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A home you'll be proud to own! This rewarding ranch is peacefully situated on a large, beautiful lot in a sought-after community with Amenities Galore- Clubhouse, pool, tennis, basketball court, 3 lakes, fishing, walking trails, playground, and outdoor grills. This bright and sunshiny home boasts a modern open layout perfect for entertaining. Make those wonderful memories in the spacious formal dining room with tons of natural light. The beautiful eat-in kitchen is the heart of the home- complete with SS appliances, granite counters, a pantry, breakfast bar. Welcoming fireside family room with an expanse of windows along the back and an open view to the kitchen. An oversized master retreat to envy with a sitting room, tray ceilings, gigantic walk-in closet. Finished daylight basement great for rainy day play- includes two spacious secondary bedrooms, full bath, workshop, and large bonus/game room. With mature plantings and a nice amount of green grassy space for play, the outdoor space will not disappoint! Enjoy those peaceful mornings overlooking the beautiful community lake. The fenced-in yard with a large grilling deck and patio is perfect for kids, pets, and family gatherings. PLUS two brand new water heaters! Come and take a look at this beauty...Don't miss out! The manager has listed the unit size as 3462 square feet.
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| Apr 26, 2023 | Listed by BULLDOG BROKERS INC | $450,000 | |
| Listed by BULLDOG BROKERS INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017