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Newton 30016
1171 Covered Bridge Road #LOT7
$328,900
● House - Off Market

1171 Covered Bridge Road #LOT7

Covington, GA 30016
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$329,451
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

New Construction now underway!  9 lots in total with 3 single story floor plans to choose from.  This Willow plan features 4 bedrooms, family room, dining area, kitchen and laundry/mud room.   The master suite features a master bath with his and her sinks, separate shower, soaking tub and walk in closet.  The secondary bath also features double sinks.  LVP runs throughout the main living area and kitchen and baths have granite countertops.  2" blinds included on all windows and also includes a covered back porch. 2 Acre lot
Unit Size
1,800 Ft²
Days on Market
26 days
Land Size
2.00 acres
Price per sqft
$183
Property Type
House
Property Taxes
$42
HOA Dues
-
Year Built
-

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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: 2 years ago (GAMLS #20125703)

Price History

Date / Event Date Event Price
Jul 6, 2023 Sold
Premium
Sold
Jun 16, 2023 Listed by SouthSide, REALTORS $328,900
Listed by SouthSide, REALTORS
Jun 2, 2023 No longer available -
No longer available
May 28, 2023 Relisted $328,900
Relisted
May 17, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 872,071
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: R5 MISC LAND - AREA 10
  • Land Acres: 0000020020
  • Standard Land Use Code: 8001
  • County Land Use Code: R5
  • Legal Description 1: 20.02 AC WEHUNT RD

Neighborhood

  • School District Name: Newton County School District
  • School Tax School District: 1
  • Census Tract: 100904

Zoning

  • Zoning: AR

Geography

  • Account Number: 9100
  • Parcel: 00170-00000-006-D00
  • Municipality: COUNTY
  • Latitude: 33.5155
  • Longitude: -83.9745

    Address

  • Full Address: 1171 Covered Bridge Rd
  • Address - House Number: 1171
  • Address - Street Name: Covered Bridge
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Covington
  • Carrier Code: R022
  • 4-Digit Zip Code: 5037
  • Zip Code: 30016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $169,941
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: TAX DISTRI

    Market Valuation

  • Market Total Value: $140,100
  • Market Land Value: $140,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,040
  • Assessed Land Value: $56,040

    Sales

  • Current Sale Contract Date: Jun 26, 2023
  • Current Sale Recording Date: Jul 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-002460
  • Previous Sale Recording Date: Nov 04, 2022
  • Previous Sale Contract Date: Oct 28, 2022
  • Previous Sale Amount: $522,000
  • 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 Newton

Stats & Trends

Median Asking:

$325,945

Sale Price/ft²

$159

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2179 ft²

Average Home Age

30.3 years

Currently For Sale

632 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

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GAMLS

Listed by: Brian O'Neal, SouthSide, REALTORS
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 20125703
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 1171 Covered Bridge Road built and last sold?
The property at 1171 Covered Bridge Road was built in and last sold on Jun 26, 2023 for $328,900.
How much is this home worth?
The estimated value of the home located at 1171 Covered Bridge Road is $332,189.
What are some comparable homes to 1171 Covered Bridge Road?
There are currently no comparable homes to 1171 Covered Bridge Road.
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