804 Columbine Drive
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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 27, 2024 | Listed by Atlanta Communities | $465,000 | |
| Listed by Atlanta Communities | |||
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This beautifully updated Plummer Cabin in the prestigious Big Canoe community offers a blend of modern comfort and rustic charm. As you enter, you'll be greeted by vaulted ceilings that create a sense of spaciousness and light. The living area features a stunning two-storied stacked stone fireplace, perfect for cozying up during cooler evenings.
With three bedrooms and two bathrooms, plus a private loft, there's ample space for family and guest. The home has two expansive decks and a screened-in porch, offering ample opportunities to enjoy the natural surroundings. Outside, gather around the fire pit for memorable evenings under the stars. Additionally, all the windows have been replaced, ensuring energy efficiency and unobstructed views of the serene landscape.
This home is designed for both comfort and style, providing a perfect retreat within the vibrant Big Canoe community. Enjoy luxury living amidst three picturesque lakes for fishing and boating, 27 holes of championship golf, and extensive hiking trails with breathtaking waterfalls. The Beach Club, with its pool and sandy lakeside beach, offers fun water activities, while the Racquet Club, wellness center, and four dog parks ensure something for everyone. With a variety of dining options and over 100 social clubs, Big Canoe is the perfect blend of adventure and relaxation.
This home is an active short term rental that sleeps eight. It generates positive cash flow so you can use this home as a lucrative investment property, vacation home, or both! The house will be sold with all furnishings and decor (minus a few personal items of the seller) to ensure this is a completely flawless turn-key investment.
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| Apr 3, 2023 | Sold | ||
| Sold | |||
| Feb 16, 2023 | Listed by Big Canoe Brokerage, LLC. | $449,000 | |
| Listed by Big Canoe Brokerage, LLC. | |||
| Nov 23, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017