849 McDonough Road
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 |
|---|---|---|---|
| Nov 9, 2021 | No longer available | - | |
| No longer available | |||
| May 11, 2021 | Listed by SOLID SOURCE REALTY GA LLC | $1,200,000 | |
| Listed by SOLID SOURCE REALTY GA LLC | |||
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This personal care home, which includes the business with 9 rooms and licensed for 17 beds. High unmet demand and increasing area rents for Personal Care Home in Jackson, GA make this a prime investment opportunity. The property is situated on 2.4 acres and zoned C-3. The unmet demand for Personal Crea Home units in a 10-mile radius is 244 with rents averaging above $4,000. The community is located across from WellStar Health Systems Jackson and less than one hour from Downtown Atlanta, GA. The Property is privately offered and it is confidential in nature and will be held and treated in the strictest confidence. The manager has listed the unit size as 5966 square feet.
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| Jan 31, 2012 | Sold | ||
| Sold | |||
| Sep 19, 2011 | Listed by KELLER WILLIAMS REALTY NORTH ATL | $249,000 | |
| Listed by KELLER WILLIAMS REALTY NORTH ATL | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017