$272,500
●
House -
Off Market
1178 Drummond Road SE
Lindale, GA 30147
3 Beds
2 Baths
1,389 Ft²
$1,457
Est. Monthly
6.96%
Cap Rate
About This Property
Charming rural home in Polk County, eligible for USDA loan. This
split foyer gem features 3 bedrooms, 2 baths, a family room
connecting seamlessly to the dining room, complete with a cozy
fireplace and gas logs. Hardwood floors grace the space, while the
kitchen boasts a delightful breakfast area with a window
overlooking the backyard. The owner's suite impresses with a trey
ceiling, walk-in closet, and a private bath featuring a garden tub,
separate shower, and double vanity. Enjoy the convenience of a
split bedroom plan and an unfinished bonus room in the basement,
alongside a laundry room and a two-car garage with a work station
area. The partially fenced back yard adds to the appeal of this
inviting home
Unit Size
1,389 Ft²
Days on Market
-
Land Size
0.79 acres
Price per sqft
$198
Property Type
House
Property Taxes
$106
HOA Dues
-
Year Built
2001
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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 #20166323)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | Listed by Elite Group Georgia, LLC. | $275,000 | |
| Listed by Elite Group Georgia, LLC. | |||
| | |||
|
Charming rural home in Polk County, eligible for USDA loan. This split foyer gem features 3 bedrooms, 2 baths, a family room connecting seamlessly to the dining room, complete with a cozy fireplace and gas logs. Hardwood floors grace the space, while the kitchen boasts a delightful breakfast area with a window overlooking the backyard. The owner's suite impresses with a trey ceiling, walk-in closet, and a private bath featuring a garden tub, separate shower, and double vanity. Enjoy the convenience of a split bedroom plan and an unfinished bonus room in the basement, alongside a laundry room and a two-car garage with a work station area. The partially fenced back yard adds to the appeal of this inviting home
| |||
| Jan 10, 2024 | Listed by Elite Group Georgia | $275,000 | |
| Listed by Elite Group Georgia | |||
| Dec 21, 2001 | Sold | ||
| Sold | |||
| Jun 27, 2001 | Sold | ||
| Sold | |||
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 Polk
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Listed by: Rebecca Lane, Elite Group Georgia
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20166323
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20166323
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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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