534 Cherokee Trail
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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| Feb 26, 2024 | Listed by 1 Look Real Estate | $399,900 | |
| Listed by 1 Look Real Estate | |||
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Beautiful cabin set on a remarkably unique lot, a stunning park side paradise! This exceptionally charming cabin is a nature lovers dream! The uniqueness of this property cannot be overstated. Your own private viewing deck separate from the house overlooks a cascading stream on the property and is the perfect place to relax, unwind and let your worries melt away! But wait! Water, water everywhere! At the foot of the property lies Coosawattee River Resorts East Park, a beautiful secluded park with the Coosawattee River running though it. Walk down your driveway to take a stroll through the park, build a fire by the river or enjoy a picnic with river views! The same river views that can be seen from the gorgeous sitting room off the master bedroom, your private side yard, the expansive deck or the over sized hot tub! The interior of the cabin is as pretty as the lot on which it sets! The kitchen and living room are open concept and as cozy and inviting as can be with high ceilings and large windows for natural lighting. The updated kitchen has everything you need and all the stainless steel appliances stay! Down the hall from the kitchen is the spacious master with an adjoining sitting room that is an absolute dream. With large windows showcasing river views on all three walls, this gem of a room is the perfect sanctuary! Upstairs is another spacious bedroom with plenty of storage space and a full bath. Beautifully decorated, this cabin is being sold well stocked and mostly furnished. Located in a gated community with amenities galore, the cabin feels remarkably secluded yet is only a 7 minute drive from Ellijays prime shopping center and 10 minutes from downtown Ellijay!
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| Nov 7, 2023 | Sold | ||
| Sold | |||
| Oct 5, 2023 | No longer available | - | |
| No longer available | |||
| Sep 30, 2023 | Listed by 1 Look Real Estate | $389,000 | |
| Listed by 1 Look Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017