9235 Plantation 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 |
|---|---|---|---|
| Nov 27, 2023 | Sold | ||
| Sold | |||
| Jul 17, 2023 | No longer available | - | |
| No longer available | |||
| Jul 16, 2023 | Listed by Atlanta Communities | $514,000 | |
| Listed by Atlanta Communities | |||
| | |||
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Get ready to be blown away by this extraordinary property, as it offers not only an array of exciting features but also a rare opportunity for future growth. Imagine owning a home with an FHA assumable mortgage, making it an absolute must-have for savvy buyers looking for a smart investment.
Nestled in the sought-after Covington Place Community, this property offers an impressive array of amenities. Swim, play tennis, and enjoy parks right within your own neighborhood. And if you're a golf enthusiast, you'll love having the Ashton Hills golf course right at your doorstep. The community also boasts the convenience of the Covington VA Clinic, ensuring easy access to healthcare services.
But that's just the beginning of the excitement. Covington itself is a treasure trove of attractions. Hop on your golf cart and take a short drive to historic downtown Covington, where you can immerse yourself in the world of major TV show sets like Vampire Diaries and The Originals. Explore the charming streets and indulge in delightful tours while enjoying the local cuisine at the famous Mystic Grill or any of the other fantastic restaurants in the Downtown Square.
As for the property itself, it's a stunning two-story home with five bedrooms and three bathrooms. The supersized master suite upstairs boasts two walk-in closets and a cozy sitting area, ensuring your ultimate comfort. With a guest suite on the main floor, complete with in-room bathroom access, and three additional spacious bedrooms upstairs, there's room for everyone. The open-plan design and high ceilings create an inviting atmosphere, and the full unfinished basement offers endless possibilities for customization.
What sets this property apart is its incredible location backing up to a creek and the Ashton Hills golf course's 17th hole. Enjoy the serenity of nature and picturesque views right from your backyard. Please note, there's no yard sign, adding an exclusive touch to this remarkable find.
And if the features weren't enticing enough, Carrington Mortgage currently holds the mortgage at a competitive 5%. They're ready and waiting to assist in qualifying your buyer, making the purchasing process even more seamless.
Don't miss out on this exceptional opportunity to own a home in Covington's finest community, with an assumable mortgage and a wealth of future potential. Act now and make your dreams a reality!
| |||
| Jun 24, 2023 | Price Decreased |
$515,500
↓ $10K
(1.8%) | |
| Price Decreased | |||
| May 27, 2023 | Price Decreased |
$525,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017