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Effingham 31326
112 Mulberry Way
$261,500
● House - Off Market

112 Mulberry Way

Rincon, GA 31326
bedrooms
3 Beds
bathrooms
2 Baths
$1,460
Est. Monthly
9.18%
Cap Rate

About This Property

Great home in Rincon! This 3 bedroom, 2 bath home is perfect for your family. You have 1334 square feet of living space with a single car garage that can easily be used as a workshop. It has a beautiful back yard with a newly stained deck overlooking the woods that goes down to a creek! No neighbors in the back! The exterior has been recently painted, along with fresh painted shutters and porch columns. The living room is a perfect size for your family...and there is even a fireplace in the dining area. The home is finished off with a nice size kitchen with all appliances remaining. This one is ready for a family!
Unit Size
-
Days on Market
-
Land Size
0.57 acres
Price per sqft
-
Property Type
House
Property Taxes
$135
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

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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 #10220605)

Price History

Date / Event Date Event Price
Dec 28, 2023 Sold
Premium
Sold
Nov 1, 2023 Listed by Next Move Real Estate $269,900
Listed by Next Move Real Estate
Feb 1, 2019 Sold
Premium
Sold
Jun 30, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 3
  • Roof Shape Type: 14
  • Roof Cover Type: 11
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 377
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,932
  • Total Building Area: 1,334
  • Building Area: 1,334
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,334
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTWOOD HEIGHTS
  • Land Acres: 0000000572
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: LOT 280 SECT A

Neighborhood

  • School District Name: Effingham County School District
  • School Tax School District: DISTRICT 01
  • Census Tract: 030309

Zoning

  • Zoning: AR-1

Geography

  • Account Number: 20060
  • District: 9
  • Section: A
  • Parcel: 0465H280A00
  • Block: A
  • Lot: 280
  • Municipality: COUNTY
  • Latitude: 32.263
  • Longitude: -81.2245

    Address

  • Full Address: 112 Mulberry Way
  • Address - House Number: 112
  • Address - Street Name: Mulberry
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Rincon
  • Carrier Code: R002
  • 4-Digit Zip Code: 5006
  • Zip Code: 31326

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $114,077
  • Tax Rate Code Area: DISTRICT 0

    Appraisal Valuation

  • Standard Deviation: 0.0775
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 268,646
  • High Value: 289,605
  • Low Value: 247,686

    Market Valuation

  • Market Total Value: $130,414
  • Market Land Value: $35,000
  • Market Improvement Value: $95,414

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,166
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $38,166

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2023
  • Current Sale Recording Date: Dec 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: D2023010404
  • Previous Sale Recording Date: Feb 01, 2019
  • Previous Sale Contract Date: Feb 01, 2019
  • Previous Sale Amount: $93,800
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Effingham

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$188

Below Asking

0.02%

Average Days on Market

75

Average Home Size

2187 ft²

Average Home Age

20.8 years

Currently For Sale

146 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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GAMLS

Listed by: Julie Hales, Next Move Real Estate
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10220605
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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.

Frequently Asked Questions

When was property at 112 Mulberry Way built and last sold?
The property at 112 Mulberry Way was built in 1980 and last sold on Dec 28, 2023 for $261,500.
How much is this home worth?
The estimated value of the home located at 112 Mulberry Way is $0.
What are some comparable homes to 112 Mulberry Way?
There are currently no comparable homes to 112 Mulberry Way.
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