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Newton 30016
125 Mildred Lane
$260,000
● House - Off Market

125 Mildred Lane

Covington, GA 30016
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,308 Ft²
$266,722
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

This well-maintained 3 BR / 2 BA home is move-in ready! It features a large laundry room off the kitchen, granite counter tops in kitchen and bathrooms, and plenty of outdoor space on the half acre lot. The home has carpet in the bedrooms and LVT throughout the common areas. The HVAC was replaced in 2020 and the water heater is only 5 years old! Listing agent is related to seller.
Unit Size
1,308 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$195
Property Type
House
Property Taxes
$148
HOA Dues
-
Year Built
1990

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #10085028)

Price History

Date / Event Date Event Price
Oct 17, 2022 Sold
Premium
Sold
Aug 23, 2022 Listed by Providence Land and Home LLC $254,900
Listed by Providence Land and Home LLC
Oct 6, 2021 No longer available -
No longer available
Jul 22, 2020 Sold
Premium
Sold
Jun 3, 2020 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • 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: 456
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Total Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARRINGTON
  • Land Acres: 0000000550
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: .55AC LT 10J BARRINGTON

Neighborhood

  • School District Name: Newton County School District
  • School Tax School District: 1
  • Census Tract: 100905

Zoning

  • Zoning: R1

Geography

  • Account Number: 360
  • Parcel: 00020-00000-128-000
  • Lot: 10J
  • Municipality: COUNTY
  • Latitude: 33.5186
  • Longitude: -84.0333

    Address

  • Full Address: 125 Mildred Ln
  • Address - House Number: 125
  • Address - Street Name: Mildred
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Covington
  • Carrier Code: R007
  • 4-Digit Zip Code: 4992
  • Zip Code: 30016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $197,719
  • Tax Rate Code Area: TAX DISTRI

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 270,204
  • High Value: 323,388
  • Low Value: 217,019

    Market Valuation

  • Market Total Value: $198,600
  • Market Land Value: $18,000
  • Market Improvement Value: $180,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,440
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $72,240

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-005339
  • Previous Sale Recording Date: Jul 22, 2020
  • Previous Sale Contract Date: Jul 22, 2020
  • Previous Sale Amount: $159,000
  • 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:

$325,000

Sale Price/ft²

$159

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2127 ft²

Average Home Age

30.9 years

Currently For Sale

628 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: Zachary Johnston, Providence Land and Home LLC
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10085028
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 125 Mildred Lane built and last sold?
The property at 125 Mildred Lane was built in 1990 and last sold on Oct 14, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 125 Mildred Lane is $0.
What are some comparable homes to 125 Mildred Lane?
There are currently no comparable homes to 125 Mildred Lane.
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