768 Cherokee Circle
About This Property
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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 20, 2025 | Listed by Mountain Sotheby's International | $1,199,950 | |
| Listed by Mountain Sotheby's International | |||
| Dec 2, 2025 | In contract | - | |
| In contract | |||
| Nov 22, 2025 | Price Decreased |
$1,050,000
↓ $150K
(12.5%) | |
| Price Decreased | |||
| Jul 11, 2025 | Listed | $1,199,950 | |
| Listed | |||
| | |||
|
Brand new contemporary rustic chalet situated within lush forestry with gorgeous year-round mountain views and within close proximity to Downtown Ellijay and the most sought-after hiking and biking trails, this new construction creation makes for the perfect retreat! Complete with two levels of open-concept living, stacked stone fireplaces inside and out, large outdoor decks, and luxury king suites! The space is the perfect blend of modern and rustic w/ bountiful natural light and walls of glass in every room. Main level is complete with large kitchen and eat-in island, comfortable living room w/ stacked stone fireplace, large sliding glass doors leading to large deck and fireplace overlooking the layered views. Find two large king suites on the main level w/ their own walk-in closets, tile showers, and dual vanities. On the terrace level, home is complete w/ large den space and fireplace, wet bar, walk-out terrace deck. Within Big Creek Mountain gated community with a private lake. Call today for an exclusive tour of this modern mountain creation today! **Several photos in this listing are virtually staged.**
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017