6702 Eubanks Creek 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 |
|---|---|---|---|
| Mar 6, 2024 | Sold | ||
| Sold | |||
| Jan 8, 2024 | Listed by Berkshire Hathaway HomeServices Georgia Properties | $1,098,000 | |
| Listed by Berkshire Hathaway HomeServices Georgia Properties | |||
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5.19 Acre Estate with Updated 5BD, 5.5BA, 5300 sqft Luxury Home, Mountain Views and Beautiful Sprawling Landscaped Grounds. The home is beautifully finished with deep crown molding, raised panel wainscoting, vaulted ceilings, hardwood floors, custom palladium windows, three fireplaces, custom cabinets and built-ins. The home also has a newly renovated kitchen with quartz tops, new stainless appliances, and designer lighting. Oversized owners' suite has sitting area, luxurious bath with his and hers vanities, walk-in closet, soaking tub, and separate shower. Take in the clean mountain air and wonderful views from over 2000 sqft of outdoor living space including a rocking chair front porch, grilling and lounging deck, terrace level patio with waterfall, and main level patio with outdoor fireplace. Upstairs hosts 3 beds and 2 baths plus custom closet and storage. Terrace level has bedroom, full bath, full kitchen, living room and gaming area plus incredible theater with stadium seating, projector, and mood lighting. 40x30 heated and cooled workshop and garage with overhead door offers flexibility for storing vehicles, workspace or even play space! Bonus: new roof, updated interior and exterior color palette, new windows and doors, salt water pool, whole house 24kw Generac Generator, two new HVAC units one with dual fuel, new flooring upstairs, new security gate and fencing, new well plus city water connection, and new electric custom blinds. Centrally located in a scenic and rural community between Cleveland, Dahlonega and Gainesville, and less than 80 miles from Atlanta.
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| Oct 30, 2023 | No longer available | - | |
| No longer available | |||
| Oct 20, 2023 | Price Decreased |
$1,199,000
↓ $100K
(7.7%) | |
| Price Decreased | |||
| Sep 20, 2023 | Listed by Keller Williams Lanier Partner | $1,299,000 | |
| Listed by Keller Williams Lanier Partner | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017