$615,000
●
House -
Off Market
1024 Riverstone Drive
Social Circle, GA 30025
3 Beds
4 Baths,
1
Half Bath
2,600 Ft²
$3,598
Est. Monthly
$17
HOA / Fees
2.51%
Cap Rate
About This Property
Better than new construction home in desirable Social Circle. 1024
Riverstone is just the one you have been looking for. Tucked away
on an estate lot, you will find this spacious ranch. The home
features an open concept floorplan with three bedrooms, an office
and a media room. Each bedroom has a private ensuite. The spacious
master bedroom offers a large walk in closet, double vanity, tiled
shower and separate tub. Upgrades throughout include engineered
hardwoods, quartz countertops, brick accents on the interior, heavy
trim and even more. Covered back porch with outdoor fireplace that
overlooks an inground pool. The private 2.87 acre lot makes you
feel tucked away while only being 5 minutes to Downtown Social
Circle. Great schools and quiet neighborhood. Come see this one
today!
Unit Size
2,600 Ft²
Days on Market
-
Land Size
2.87 acres
Price per sqft
$238
Property Type
House
Property Taxes
$536
HOA Dues
$17
Year Built
2021
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (FMLS #7501198)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 2, 2025 | Sold | ||
| Sold | |||
| Jan 4, 2025 | In contract | - | |
| In contract | |||
| Dec 26, 2024 | Listed by Morris Realty Co., LLC | $620,000 | |
| Listed by Morris Realty Co., LLC | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by Morris Realty Co LLC | $620,000 | |
| Listed by Morris Realty Co LLC | |||
| | |||
|
Better than new construction home in desirable Social Circle. 1024 Riverstone is just the one you have been looking for. Tucked away on an estate lot, you will find this spacious ranch. The home features an open concept floorplan with three bedrooms, an office and a media room. Each bedroom has a private ensuite. The spacious master bedroom offers a large walk in closet, double vanity, tiled shower and separate tub. Upgrades throughout include engineered hardwoods, quartz countertops, brick accents on the interior, heavy trim and even more. Covered back porch with outdoor fireplace that overlooks an inground pool. The private 2.87 acre lot makes you feel tucked away while only being 5 minutes to Downtown Social Circle. Great schools and quiet neighborhood. Come see this one today!
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Walton
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Currently no similar homes aroundNearby Rentals
Listed by: Cody Morris, Morris Realty Co., LLC
Last Updated: 2 years ago
Data Source: FMLS, MLS# 7501198
Last Updated: 2 years ago
Data Source: FMLS, MLS# 7501198
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