Listing Courtesy of: The Palmer Team And Associates, ATLANTA FINE HOMES SOTHEBYS INTERNATIONAL
$122,000
●
House -
Off Market
131 Day Drive
Bainbridge, GA 39817
4 Beds
0 Bath
3,498 Ft²
$212,324
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
Unbelievable value in this 2+ acre traditional 4BD/3BA ranch
w/in-law suite/office, private pond, workshops, & add'l rental
investment structure. Recently renovated & ready for large
friend/family gatherings & entertaining. Close to shopping,
restaurants, & major HWY 84 and US 27. Sensational find in
South Georgia.
Unit Size
3,498 Ft²
Days on Market
-
Land Size
2.05 acres
Price per sqft
$40
Property Type
House
Property Taxes
$120
HOA Dues
-
Year Built
1980
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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 (FMLS #6014438)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2018 | No longer available | - | |
| No longer available | |||
| Nov 8, 2018 | Sold | ||
| Sold | |||
| May 18, 2018 | Listed by ATLANTA FINE HOMES SOTHEBYS INTERNATIONAL | $139,900 | |
| Listed by ATLANTA FINE HOMES SOTHEBYS INTERNATIONAL | |||
| Sep 2, 2017 | Listed | $145,000 | |
| Listed | |||
| | |||
|
Remodeled home with so much space.......This home has lots of room for large family or could possibly be used for personal care home if zoning permits....kitchen and breakfast room with plenty of cabinet space, great room with fireplace, 4 Bedrooms that are extremely large and could be separated to make more rooms if needed. Apartment attached to house that could be used as mother in law retreat or rented to individual. This 2 acre home has small pond and mobile home that with work could bring in rental income. Covered building outside that could be used for storage or work shop. Home has had INTERIOR PAINTED, NEW FLOORING, NEW LIGHTING WHERE NEEDED, OUTSIDE PAINTED and REPAIRED SOFFITS! Call today for more details and take a look at what this home has to offer!! The manager has listed the unit size as 3498 square feet.
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Decatur
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Listed by: The Palmer Team And Associates, ATLANTA FINE HOMES SOTHEBYS INTERNATIONAL
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6014438
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6014438
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