68 Cartecay Trace
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 |
|---|---|---|---|
| Sep 9, 2026 | Listed by Angela Fowler Real Estate, LLC | $455,000 | |
| Listed by Angela Fowler Real Estate, LLC | |||
| Jun 9, 2025 | Sold | ||
| Sold | |||
| May 11, 2025 | In contract | - | |
| In contract | |||
| May 4, 2025 | Listed by Mountain Sotheby's International Realty | $430,000 | |
| Listed by Mountain Sotheby's International Realty | |||
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Summertime Mountain Life Starts NOW! Charming Retreat - Fully Furnished & Turnkey! Tucked away on a private 1.52-acre wooded lot, this beautifully appointed 3BR/2BA cabin is the perfect blend of rustic charm and modern comfort. With a strong short-term rental history, it's ready for your getaway-or investment. Step inside to an inviting open floor plan featuring soaring cathedral ceilings, a stone fireplace, and stylish furnishings throughout. The spacious living area flows seamlessly to a rocking chair front porch and a large rear covered deck-ideal for relaxing or entertaining. Enjoy the outdoors year-round with a private hot tub, and explore nearby attractions including Springer Mountain hiking trails, kayaking on the Cartecay River, apple orchards, and North Georgia's top vineyards. Just 6 miles to Downtown Ellijay's boutiques and restaurants and conveniently located between Blue Ridge, Dahlonega, and Jasper-only 1.5 hours from Atlanta. Whether you're looking for a personal retreat or income-producing property, this one checks all the boxes. Just pack your bags and start living the mountain life!
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| May 24, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017