101
Map
633 Riverfront Drive
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 13, 2026 | Listed by RE/MAX Town And Country | $729,000 | |
| Listed by RE/MAX Town And Country | |||
| Feb 26, 2023 | No longer available | - | |
| No longer available | |||
| Jan 18, 2023 | Price Increased |
$749,000
↑ $20K
(2.7%) | |
| Price Increased | |||
| Oct 13, 2022 | Listed by RE/MAX Town & Country | $729,000 | |
| Listed by RE/MAX Town & Country | |||
| |||
|
3BR/3.5BA CARTECAY RIVERFRONT RETREAT | APPROX. 111 FT CARTECAY RIVER FRONTAGE | 0.75 ACRES | NO HOA | NO RESTRICTIONS | FURNITURE NEGOTIABLE | CITY WATER | HIGH-SPEED ETC FIBER INTERNET | FULL SECOND KITCHEN | $55K-$75K EST. STR POTENTIAL! Welcome to 633 Riverfront Drive, a ONE-OWNER HOME located DIRECTLY ON THE BEAUTIFUL CARTECAY RIVER, close to town w/RIVER VIEWS FROM EVERY BEDROOM! Watch RAFTERS FLOAT DOWN THE CARTECAY RIVER from your own backyard & enjoy the PEACEFUL SOUNDS OF THE WATER, BEAUTIFUL SCENERY & RELAXING RIVERFRONT SETTING YEAR-ROUND! This spacious THREE-LEVEL HOME offers a BEDROOM & FULL BATH ON EACH LEVEL, perfect for guests or MULTIGENERATIONAL LIVING! NO HOA & NO RESTRICTIONS, w/shared private-road maintenance. FURNITURE IS NEGOTIABLE, offering buyers the opportunity for a furnished riverfront getaway or potential SHORT-TERM RENTAL! Enjoy the convenience of CITY WATER & HIGH-SPEED ETC FIBER INTERNET! MAIN LEVEL features HICKORY HARDWOOD FLOORS, living room w/GAS-LOG FIREPLACE, hallway laundry, half bath & PRIMARY SUITE w/WALK-IN CLOSET & TILED WALK-IN SHOWER! Porch offers WATER & POWER READY FOR A FUTURE HOT TUB! UPSTAIRS features HARDWOOD FLOORS, LOFT, BONUS ROOM, SECOND BEDROOM w/WALK-IN CLOSET & DRESSING AREA, plus FULL BATH w/JETTED TUB & SEPARATE SHOWER! FINISHED TERRACE LEVEL boasts 9-FT CEILINGS, SECOND LIVING ROOM, DINING AREA, FULL SECOND KITCHEN w/WOOD CABINETRY & GRANITE COUNTERTOPS, THIRD BEDROOM w/PORCH ACCESS & FULL BATH! Basement offers CENTRAL HVAC w/PROPANE BACKUP HEAT! RECENT IMPROVEMENTS include FRESH EXTERIOR STAIN, NEW EXTERIOR LIGHTING & NEW HVAC INSTALLED JUNE 2026! Second HVAC approx. 5 years old. ESTIMATED $55K-$75K ANNUAL GROSS STR POTENTIAL (preliminary estimate, not guaranteed). 1-YEAR RATE BUYDOWN AVAILABLE through preferred lender, reducing the interest rate by 1 percentage point for the first year, subject to lender terms! GILMER COUNTY offers a school-tax exemption for qualifying homeowners 65+. Nearby attractions include APPLE ORCHARDS, WINERIES, HIKING, SPRINGER MOUNTAIN, AMICALOLA FALLS, FORT MOUNTAIN, BRASSTOWN BALD, TROUT STREAMS, TUBING, KAYAKING, SUNFLOWER & PUMPKIN PATCHES! PERFECT FOR A FULL-TIME HOME, PART-TIME or STR GETAWAY!
| |||
| Aug 24, 2022 | Listed by Berkshire Hathaway HomeServices Georgia Properties | $799,000 | |
| Listed by Berkshire Hathaway HomeServices Georgia Properties | |||
| | |||
|
Own a piece of the Cartecay River and take full advantage of nature! Relax on the decks overlooking the water or bring your Kayak or Canoe or Fish from your separate deck over the waters edge. Approximately 3 miles east of the downtown circle in Ellijay. Convenient to apple orchards, vineyards and shopping yet very private and secluded along the Cartecay River. Beautiful, well maintained, spacious 3 [ensuite] Bedrooms / 3 1/2 Bath cabin overlooking the river with lots of interior wood. Magnificent floor to ceiling rock fire place with gas logs. Master on the main and each level has its own bedroom and bath. Floors are gorgeous and enduring hickory wood. The cabin features a terrace level apartment complete with a separate entrance, full kitchen, Bedroom and Full Bath. All paved roads and public water. No HOA. The manager has listed the unit size as 2664 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017