6302 Point Twenty Two
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 |
|---|---|---|---|
| Dec 28, 2022 | Sold | ||
| Sold | |||
| Nov 3, 2022 | Listed by The Norton Agency | $1,100,000 | |
| Listed by The Norton Agency | |||
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Lake Lanier waterfront - Seller says SELL it and will help with closing costs/rate buy down. What an opportunity on Lake Lanier! Custom, four sides brick home on 1.76 acre corner lot has it all, including a concrete path to the dock in a deep water cove (with an ATV thrown in to make getting there EASY). Meticulously maintained and loved by original owners, the beautiful hardwood floors are newly refinished. Timeless features like open floor plan and a separate living room/library and dining room. The spacious kitchen with two islands and is open to the great room, that has coffered ceilings, built-ins on either side of fireplace, and wall of windows. The master suite is the epitome of relaxation and luxury with a double headed shower, a mirrored workout area, an office space and a closet loaded with high end built-ins. On Lake Lanier's quiet side, you will enjoy not only summers on the lake, and winter time seasonal views of the water. The full unfinished basement has plenty of opportunity for expansion or storage. Boat at dock negotiable.
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| Nov 2, 2022 | No longer available | - | |
| No longer available | |||
| Sep 2, 2022 | Price Decreased |
$1,100,000
↓ $150K
(12%) | |
| Price Decreased | |||
| May 13, 2022 | Listed by The Norton Agency | $1,250,000 | |
| Listed by The Norton Agency | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017