515 Confederate Drive
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 |
|---|---|---|---|
| Nov 29, 2023 | Sold | ||
| Sold | |||
| Mar 22, 2023 | Listed by BHHS Georgia Properties | $319,000 | |
| Listed by BHHS Georgia Properties | |||
| Jul 30, 2017 | Listed | $150,000 | |
| Listed | |||
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Authentic log cabin with stunning views of Blue Ridge Mountains! Everything about this home evokes charm, from the unique spiral staircase and the 12" plank floors to the tongue and groove craftsmanship throughout. Enjoy the light filled open floor plan, the soaring vaulted ceilings and the spacious loft that can be used as a bedroom, office or additional sitting room. Relax and breathe in the clean mountain air. Perfect weekend or long term rental property. Currently renting for $700/month. Tenant would love to stay.The manager has listed the unit size as 880 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017