7869 Highway 75 Alt
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 |
|---|---|---|---|
| Jul 14, 2026 | Listed by Fourth Mountain Real Estate | $499,000 | |
| Listed by Fourth Mountain Real Estate | |||
| Aug 14, 2025 | Listed | $675,000 | |
| Listed | |||
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YOU MUST SEE this truly unique home with separate guest house, located just outside of Helen City Limits. Located just off of Hwy 75 Altnerate, this home has no HOA and no Covenants. It is a viable candidate for Short Term Rental with County Approval. Situated on top of a hill surrounded by 3.38 acres of wooded privacy. The primary home is 3 BR/3BA plus a 1 BR/1 BA guest house. Both houses have separate driveways and could be investment properties, for extended family or long term rental which is in very high demand. Tons of charm and character make this a truly special place. In the primary home, the living area has a vaulted ceiling and opens to the spacious updated kitchen and to the inviting sunporch. The main level has a bedroom and full bath. The second level is a loft bedroom with full bath. The terrace level has a flex room to be used as a den, or a bedroom. There is a workshop and plenty of additional storage on the terrace level. Plenty of parking area and a steel carport with high ceiling to accomodat an RV or large vehicles. The secondary home is 1 BR, 1 BA with a kitchen and living area. Sitting pretty at the top of the hill, this home has it's own power service and septic. Don't miss this charming property with such a wide array of possible uses!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017