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White 30528
LOT 12 Morningside Drive
$50,000
● Land - Off Market

LOT 12 Morningside Drive

Cleveland, GA 30528
bedrooms
Studio
bathrooms
0 Bath
$316
Est. Monthly
14.17%
Cap Rate

About This Property

Location, Location, Location!! This Unrestricted, 1 acre lot is conveniently located in the Heart of Cleveland! It is close to schools, shopping and restaurants. It has been cleared, soils have been completed and public water is available. Don't hesitate..check it out today!
Unit Size
-
Days on Market
-
Land Size
1.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$22
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: 3 years ago (GAMLS #20161033)

Price History

Date / Event Date Event Price
Jan 22, 2024 Sold
Premium
Sold
Dec 4, 2023 Listed by Leading Edge Real Estate LLC $59,900
Listed by Leading Edge Real Estate LLC
Sep 22, 2023 Sold
Premium
Sold

Property Highlights

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: 43,996
  • Lot Size Frontage Feet: 3,400
  • 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
  • Land Acres: 0000001010
  • Standard Land Use Code: 8001
  • County Land Use Code: 97
  • Legal Description 1: LL 42 LD 2 LT 12

Neighborhood

  • School District Name: White County School District
  • School Tax School District: SCH
  • Census Tract: 950206

Zoning

  • Zoning: R1

Geography

  • Account Number: 5858
  • District: 01
  • Parcel: 048C 108
  • Lot: 12
  • Latitude: 34.569
  • Longitude: -83.7561

    Address

  • Full Address: 12 Morningside Dr
  • Address - House Number: 12
  • Address - Street Name: Morningside
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Cleveland
  • Carrier Code: R008
  • 4-Digit Zip Code: 7175
  • Zip Code: 30528

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,138

    Market Valuation

  • Market Total Value: $27,710
  • Market Land Value: $27,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,084
  • Assessed Land Value: $11,084

    Sales

  • Current Sale Contract Date: Dec 29, 2023
  • Current Sale Recording Date: Jan 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Sep 22, 2023
  • Previous Sale Contract Date: Sep 21, 2023
  • Previous Sale Amount: $60,000
  • 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 White

Stats & Trends

Median Asking:

$375,950

Sale Price/ft²

$224

Below Asking

0.03%

Average Days on Market

85

Average Home Size

1847 ft²

Average Home Age

25.4 years

Currently For Sale

273 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: James Allison, Leading Edge Real Estate LLC
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20161033
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 12 Morningside Drive built and last sold?
The property at 12 Morningside Drive was built in and last sold on Dec 29, 2023 for $50,000.
How much is this home worth?
The estimated value of the home located at 12 Morningside Drive is $0.
What are some comparable homes to 12 Morningside Drive?
There are currently no comparable homes to 12 Morningside Drive.
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