83 Crestlawn 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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | Listed by Nationalrei, LLC | $150,000 | |
| Listed by Nationalrei, LLC | |||
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WOW!!! Rare and unique find in Toccoa, Georgia! 83 Crestlawn, built in 1991 just oozes potential! This home consists of two bedrooms and two full baths with an open concept on the main/second level and two beds one full bath in the basement totaling four bedrooms and three full baths plus an additional loft! Full in-law suite in basement includes second kitchen! Stairway to basement has been removed but could easily be replaced (currently has folding dropdown stairs). Access to basement is through separate door on backside of house. The vaulted ceilings will take your breath away and the wrap around porch is perfect for relaxing and entertaining! This home is truly unique and will make a great purchase for an investor or owner occupant willing to fix up and move in!
Power and water are on. Home does not meet FHA 91 day rule. Property is sold AS-IS and seller will provide no disclosures. Home is investor owned and seller has never occupied property. There is some broken glass around the driveway so please be careful.
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| Dec 1, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017