LAKE ACCESS ON 4.42 ACRES IN THE SOUGHT-AFTER BRUSH CREEK
COMMUNITY! Welcome home to this inviting 5-bedroom, 4.5-bath home
located in the highly sought-after Brush Creek Community of
Colbert, GA. With a wonderful front porch overlooking your
manicured front yard, this place is truly one of a kind. The lot is
4.42 acres with lake access to the Colbert watershed and
approximately 3,483 square feet of finished living space as well as
unfinished basement space for storage, gym, etc..., this home
offers plenty of room to gather, relax, entertain, and enjoy the
outdoors. The main level features the primary suite and 1.5
baths, along with beautiful hardwood floors, a semi-open floor
plan, spacious living room, separate sitting area/den, formal
dining room, and kitchen with a cozy breakfast nook. Upstairs,
you'll find four additional bedrooms and two full baths, providing
plenty of space for family and guests. The lower level offers
even more flexibility with a full kitchen, living room, and full
bath-ideal for guests, extended family, recreation, or a private
retreat. Step outside to enjoy multiple areas for
entertaining, including the main-level deck and a covered
lower-level patio that extends onto a large concrete entertaining
area. There's plenty of space for gatherings, grilling, relaxing,
or simply enjoying the peaceful setting. Enjoy the privacy of the
fenced in back yard and lake views. The current owners have enjoyed
accessing the lake by small boat and fishing along the shoreline.
Also included with the sale is a detached carport that is used to
park their pontoon and mower as well as a side garage door to the
basement to park your UTV or other toys. Come experience the space,
setting, and lifestyle that make Brush Creek such a special place
to call home!
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.
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