5575 Hancock Lane
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 |
|---|---|---|---|
| Mar 20, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by Keller Williams Realty Community Partners | $459,000 | |
| Listed by Keller Williams Realty Community Partners | |||
| | |||
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Welcome to your beautifully renovated sanctuary in the highly sought-after Chestatee elementary, Little Mill Middle, East Forsyth High school district. This charming home offers an array of desirable features and modern upgrades, making it the perfect blend of comfort and style.
Step inside to discover a fully renovated kitchen, showcasing updated appliances, a sleek subway tile backsplash, and real wood cabinets that provide ample storage space. The wood-look tile floors add warmth and elegance to the space, while the covered porch invites you to unwind and enjoy the peaceful surroundings.
The newly renovated master bathroom is a true oasis, featuring gorgeous ceiling features that add a touch of luxury to your daily routine. With a spacious layout and thoughtful design, this home offers a large master bedroom, perfect for rest and relaxation.
Entertain guests or relax with family in the expansive bonus room, which could easily be used as a fourth bedroom or a versatile space to suit your needs. Shiplap feature walls in the living room and entryway add character and charm, creating a welcoming atmosphere throughout.
Outside, the spacious flat fenced backyard provides plenty of room for outdoor activities and gatherings. Enjoy cozy evenings around the firepit, surrounded by large flagstone, creating the perfect ambiance for making memories with loved ones.
Additional highlights include a separate finished house with heating and air, ideal for use as a guest suite, home office, or studio space. With a large attic for storage and the convenience of a washer and dryer included, this home offers everything you need for modern living.
Don't miss your chance to make this exquisite property your own. Schedule a showing today and experience the unmatched comfort and elegance of this beautiful home!
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| Apr 13, 2020 | Sold | ||
| Sold | |||
| May 21, 2017 | Sold | ||
| Sold | |||
| Apr 14, 2017 | Listed by SOLID SOURCE REALTY GA LLC | $229,000 | |
| Listed by SOLID SOURCE REALTY GA LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017