7741 Elm Circle
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 |
|---|---|---|---|
| Oct 27, 2025 | Sold | ||
| Sold | |||
| Oct 21, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Listed by The Norton Agency | $90,000 | |
| Listed by The Norton Agency | |||
| Jul 25, 2025 | Listed | $90,000 | |
| Listed | |||
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This 0.27-acre rectangular lot offers gently rolling terrain and is beautifully shaded by mature hardwoods, creating a peaceful setting on the quiet north end of Lake Lanier. You have easy access to the lake via a scenic wooded path that leads to your own 12' x 16' swim platform. Nestled in a serene cove with deep, year-round water, this lot provides the perfect backdrop for lake living, ideal for swimming, kayaking, or simply unwinding by the water. The septic has already been approved! Don't miss your chance to create your perfect Lake Lanier retreat!
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| Feb 14, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017