700 Tala Drive
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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 |
|---|---|---|---|
| Nov 30, 2022 | Sold | ||
| Sold | |||
| Oct 24, 2022 | No longer available | - | |
| No longer available | |||
| Oct 21, 2022 | Listed by Bolst, Inc. | $499,900 | |
| Listed by Bolst, Inc. | |||
| | |||
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Beautiful Brick Executive Home! A 2-Story Entry Foyer welcomes you inside. NEW Flooring extends into a Formal Living Room and Dining Room with Wainscoting. Stainless Steel Appliances shine in the Bright, White Eat-In Kitchen with Granite Countertops, Pantry, and Island. Gather in the spacious Family Room with Fireplace. Upstairs, a plush Owner's Suite with Tray Ceiling, Custom Walk-In Closet, and Spa-Style Bathroom featuring Dual Vanity, Jetted Soaking Tub, and Separate Shower. Three Additional Bedrooms share a Hall Bathroom with Dual Vanity and Ample Storage. Outside, a Large, Freshly Painted Deck with Pergola-Covered Grilling Area provides the perfect place to unwind and entertain! Soak up the sun with a Fully Fenced Backyard including a peaceful tree surround. A 2-Car Garage welcomes you home. Minutes to Convenient Shops, Dozens of Dining Options, Award-Winning Schools, Chattahoochee River Nature Center, and Easy GA-400 Access.
| |||
| Oct 8, 2022 | Price Decreased |
$519,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Sep 30, 2022 | Price Decreased |
$525,000
↓ $25K
(4.5%) | |
| Price Decreased | |||
Property Highlights
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About Nesbit Woods
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Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10103337
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