$643,500
●
House -
Off Market
103 Carters Cove Road
Ellijay, GA 30540
3 Beds
3 Baths
2,448 Ft²
$731,544
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Four Miles of Amazing Views of Carters Lake and Sharp Top Mountain.
This traditional Overland Trail real log home boast of views that
go on forever. 3B/3B home with large master on upper level for max
view of the lake, a bed and bath on every level, family room with
cathedral ceilings and game/bonus room in the basement. Enjoy the
wide decks on each level to take in the views and watch the
wildlife. New Stainless Steel appliances, New Roof, fenced in back
yard for your pups to enjoy. Very private setting, Gated Community,
walking access to Carters Lake. 5 miles away from boat launch at
Carters Lake, mountain biking / hiking trails. Everything you need
to make this your mountain home.
Unit Size
2,448 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$266
Property Type
House
Property Taxes
$171
HOA Dues
$58
Year Built
-
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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: 3 years ago (GAMLS #8997651)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2024 | Sold | ||
| Sold | |||
| Dec 21, 2023 | Listed by Coldwell Banker High Country | $699,900 | |
| Listed by Coldwell Banker High Country | |||
| | |||
|
Four Miles of Amazing Views of Carters Lake and Sharp Top Mountain. This traditional Overland Trail real log home boast of views that go on forever. 3 B/3B home with large master on upper level for max view of the lake, a bed and bath on every level, family room with cathedral ceilings and game/bonus room in the basement. Enjoy the wide decks on each level to take in the views and watch the wildlife. New Stainless Steel appliances, New Roof, fenced in back yard for your pups to enjoy. This also has fiber optic for your internet. Very private setting, Gated Community, walking access to Carters Lake. 5 miles away from boat launch at Carters Lake, mountain biking / hiking trails. Everything you need to make this your mountain home.
| |||
| Oct 5, 2021 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Fireplace
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 Gilmer
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Melani Grindley, Coldwell Banker High Country
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 8997651
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 8997651
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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