16
Map
944 Old Mill Point #B
About This Property
Listed By
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 9, 2026 | Listed by Virtual Properties Realty.com | $179,990 | |
| Listed by Virtual Properties Realty.com | |||
| Oct 4, 2026 | No longer available | - | |
| No longer available | |||
| Aug 27, 2026 | Price Decreased |
$174,999
↓ $10K
(5.4%) | |
| Price Decreased | |||
| Jul 22, 2026 | Listed by Virtual Properties Realty.com | $185,000 | |
| Listed by Virtual Properties Realty.com | |||
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Have you been looking for closing costs paid? Well look no further, Seller has agreed! Homes in this sought-after Monroe community continue to attract strong buyer interest and don't stay on the market for long. Whether you're searching for your first home, a low-maintenance residence, or an investment opportunity, this thoughtfully designed townhome delivers exceptional value in one of the area's fastest-moving neighborhoods. Situated on a quiet cul-de-sac with only one adjoining unit, this home offers a more private setting while maintaining the convenience of townhome living. This 1,380 sq ft versatile floor plan is ideal for a variety of living arrangements, featuring a full bathroom on the main level that provides added convenience for guests, a home office, or multi-generational household. The upper level presents three generously sized bedrooms complemented by a conveniently located second-floor laundry area, eliminating the need to carry laundry between levels and adding quality of life convenience. Qualified buyers may enjoy estimated monthly payments sat approximately $1,325, making homeownership an attainable option. FHA financing is expected to be approved, creating an excellent opportunity for first-time homebuyers, and investors seeking hybrid rental potential. Located just minutes from the heart of charming downtown Monroe, you'll enjoy easy access to local dining, shopping, parks, and community events while remaining within convenient commuting distance of both Athens and the greater Atlanta metropolitan area. With continued growth and investment throughout the area, this home offers an exceptional combination of practicality, location, and long-term value.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/23/2026
|
4 Bed
|
3 Bath
|
1380 ft²
|
$185,000
4 Bed
3 Bath
1380 ft²
|
-
-
|
Wayne Munnings
Virtual Properties Realty.com
| |
|
07/22/2026
|
13 Bed
|
3 Bath
|
1380 ft²
|
$185,000
13 Bed
3 Bath
1380 ft²
|
-
-
|
Wayne Munnings
Virtual Properties Realty.com
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017