562 Julius 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 |
|---|---|---|---|
| Jul 3, 2023 | No longer available | - | |
| No longer available | |||
| Jan 26, 2023 | Listed by Keller Williams Realty Cityside | $275,000 | |
| Listed by Keller Williams Realty Cityside | |||
| | |||
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Over two acres of lakefront views! There is currently a small cabin on the property that needs a full rehab or tear down. There is also 1 buildable lot on semi-private Rockbridge Lake in Stone Mountain! Amazing opportunity to your dream home, or invest and build. Tons of possibilities, for this amazing piece of property! The manager has listed the unit size as 832 square feet.
| |||
| Nov 16, 2021 | Sold | ||
| Sold | |||
| Sep 10, 2021 | Listed by Keller Williams Realty | $63,000 | |
| Listed by Keller Williams Realty | |||
| May 26, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017