101 Barker Road
About This Property
The upper-level guest suite offers a private retreat, and the partially finished terrace level presents opportunities for an in-law or teen suite, complemented by abundant storage and potential for further customization. Modern upgrades include a new roof, HVAC system, driveway, and a detached garage ideal for tools or recreational vehicles. The home's thoughtful design is further enhanced by a spacious laundry room, mudroom, and epoxy-coated garage floors.
Situated on a secluded 1-acre lot adjacent to the Sawnee Mountain Preserve, this property offers the tranquility of mountain living without the constraints of an HOA. Its prime location ensures convenience, being just a 3-minute drive to the Cumming City Center and approximately 30 minutes to the Atlanta perimeter.
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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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Price Decreased |
$1,299,900
↓ $100
(0%) | |
| Price Decreased | |||
| May 20, 2025 | Price Decreased |
$1,300,000
↓ $79K
(5.7%) | |
| Price Decreased | |||
| May 3, 2025 | Price Decreased |
$1,378,900
↓ $100
(0%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017