$330,000
↓ $10K (2.9%)
●
House -
Off Market
1069 Shellman Hammock Drive NE
Townsend, GA 31331
2 Beds
2 Baths
1,296 Ft²
$1,749
Est. Monthly
5.19%
Cap Rate
About This Property
Welcome home to this adorable 2 bed 2 bath on 2 acres. This
property come with an additional 1.48 acres that could be it's own
home site! Amongst the canopy of trees you can enjoy your own
personal oasis for vacationing, renting or full time living.
Included with the property is a large enclosed storage building
(12x24) as well as a metal pole barn (50x24w/ 12ft lean to) large
enough for an RV and boat! Be at the ramp within minutes and enjoy
the coastal lifestyle Shellman Bluff has to offer. This property is
2 parcels, 0072C0002/0072A0093, that will be combined before
closing.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
3.48 acres
Price per sqft
$261
Property Type
House
Property Taxes
$89
HOA Dues
-
Year Built
-
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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 #10227189)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2025 | Price Decreased |
$329,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Oct 3, 2025 | Price Decreased |
$339,000
↓ $11K
(3.1%) | |
| Price Decreased | |||
| Jun 9, 2025 | Listed | $349,900 | |
| Listed | |||
| | |||
|
Nestled in the heart of Shellman Bluff, this two bedroom/two bath home sits on 3.74 acres bordering the Shellman Hammock Golf Course. Use for your primary home, your vacation get-a-way or possible airbnb. Easy living in this adorable home featuring an updated kitchen with Stainless appliances, spacious living area with gas log fireplace, & sunroom/bonus room or potential third bedroom. Included with the property is a large enclosed storage building (12x24) as well as a metal pole barn (50x24w/ 12ft lean to) large enough for an RV and boat! Sit on the screened in back porch and enjoy watching the deer, birds, and other wildlife. Be at the boat ramp within minutes and enjoy the coastal lifestyle Shellman Bluff has to offer. Restaurants, night life, and much more only a golf cart away!
| |||
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2023 | Listed by EXP Realty LLC | $338,000 | |
| Listed by EXP Realty LLC | |||
Property Highlights
Air Conditioning
Fireplace
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Listed On
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Sold On
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HOA + Taxes
About McIntosh
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Listed by: Morgan Rountree, EXP Realty LLC
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10227189
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10227189
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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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