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Newton 30016
120 Scouts Ridge Drive
$359,900
● House - Off Market

120 Scouts Ridge Drive

Covington, GA 30016
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,896 Ft²
$358,561
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Beautiful only 3 yrs young Craftsman style home on a .65 acre lot. Open floor plan, split bedroom plan, primary suite on main, dual vanities, walk in closets, large open kitchen with granite counter tops, island, stainless appliances, beautiful LVP floors. Side entry garage, covered front porch, screened back porch, sodded yard, irrigation system, fenced back yard and storage building with electricity. Located near Jackson Lake and the historic Covington Square. In 100% financing USDA area.
Unit Size
1,896 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$190
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
2020

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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 #10207230)

Price History

Date / Event Date Event Price
Oct 20, 2023 Sold
Premium
Sold
Sep 25, 2023 Listed by Coldwell Banker Bullard Realty $359,900
Listed by Coldwell Banker Bullard Realty
Oct 27, 2020 Sold
Premium
Sold
Jan 7, 2020 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 5
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,314
  • Total Building Area: 1,896
  • Building Area: 1,896
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,896
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCOUTS RIDGE
  • Land Acres: 0000000650
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: LT 8 SCOUT'S RIDGE

Neighborhood

  • School District Name: Newton County School District
  • School Tax School District: 1
  • Census Tract: 100801

Zoning

  • Zoning: R1

Geography

  • Account Number: 26163
  • Parcel: 0070B-00000-008-000
  • Lot: 8
  • Municipality: COUNTY
  • Latitude: 33.4636
  • Longitude: -83.8526

    Address

  • Full Address: 120 Scouts Ridge Dr
  • Address - House Number: 120
  • Address - Street Name: Scouts Ridge
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Covington
  • Carrier Code: R009
  • 4-Digit Zip Code: 5873
  • Zip Code: 30016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $264,313
  • Tax Rate Code Area: TAX DISTRI

    Appraisal Valuation

  • Standard Deviation: 0.0954
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 91
  • Final Value: 358,225
  • High Value: 392,412
  • Low Value: 324,038

    Market Valuation

  • Market Total Value: $292,300
  • Market Land Value: $25,000
  • Market Improvement Value: $267,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,920
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $106,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 012472
  • Previous Sale Recording Date: Oct 27, 2020
  • Previous Sale Contract Date: Oct 27, 2020
  • Previous Sale Amount: $229,900
  • 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:

$325,000

Sale Price/ft²

$159

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2168 ft²

Average Home Age

30 years

Currently For Sale

642 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: Sheri Sears, Coldwell Banker Bullard Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10207230
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 120 Scouts Ridge Drive built and last sold?
The property at 120 Scouts Ridge Drive was built in 2020 and last sold on Oct 20, 2023 for $359,900.
How much is this home worth?
The estimated value of the home located at 120 Scouts Ridge Drive is $361,362.
What are some comparable homes to 120 Scouts Ridge Drive?
There are currently no comparable homes to 120 Scouts Ridge Drive.
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