$200,000
●
House -
Off Market
135 Springdale Drive
Cedartown, GA 30125
3 Beds
2 Baths
2,087 Ft²
$1,022
Est. Monthly
9.86%
Cap Rate
About This Property
Wow! What a beautiful lake right in front of your new home! Stocked
with fish for you to catch dinner too. This sprawling one-level 3
bedroom/2 bathroom home right on Springdale Lake in Cedartown is
great for anyone wanting to renovate to their own taste. Screened
patio with a view of the lake. Solid structure which needs cosmetic
and hany repairs, but has amazing potential. Hardwoods throughout.
Big living room with a fireplace plus a bonus den. Carport.
Built-in stairs to attic for storage. Fenced backyard with tool
shed and a big level, pasture-like front yard. Circle driveway.
Great return on your renovation investment. Get this home back into
beautiful condition and move in by summer time! AS IS. No
disclosure. Utilities not available for inspections. Seller prefers
0 due diligence.
Unit Size
2,087 Ft²
Days on Market
31 days
Land Size
0.55 acres
Price per sqft
$91
Property Type
House
Property Taxes
$89
HOA Dues
-
Year Built
1951
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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: 2 years ago (GAMLS #10274318)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Dec 3, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by Keller Williams Realty Northwest, LLC. | $385,000 | |
| Listed by Keller Williams Realty Northwest, LLC. | |||
| | |||
|
Stunning newly renovated 3-bedroom, 2.5-bathroom home with breathtaking views of a private lake on a dead end road. This home features a brand-new roof, completely updated electrical system with new wiring, a modern kitchen with quartz countertops and new appliances, and beautifully refinished hardwood floors. The master bathroom has been stylishly updated with new tile, and there's a spacious laundry room for convenience. Enjoy serene lakefront living in this move-in-ready gem! You are able to join the fishing community for $75 a year!
| |||
| May 2, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | Listed by RE/MAX Metro Atlanta Cityside | $189,900 | |
| Listed by RE/MAX Metro Atlanta Cityside | |||
| | |||
|
Wow! What a beautiful lake right in front of your new home! Stocked with fish for you to catch dinner too. This sprawling one-level 3 bedroom/2 bathroom home right on Springdale Lake in Cedartown is great for anyone wanting to renovate to their own taste. Screened patio with a view of the lake. Solid structure which needs cosmetic and hany repairs, but has amazing potential. Hardwoods throughout. Big living room with a fireplace plus a bonus den. Carport. Built-in stairs to attic for storage. Fenced backyard with tool shed and a big level, pasture-like front yard. Circle driveway. Great return on your renovation investment. Get this home back into beautiful condition and move in by summer time! AS IS. No disclosure. Utilities not available for inspections. Seller prefers 0 due diligence.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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ft²
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HOA + Taxes
About Cedartown
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Listed by: Marwan Karaa,
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10274318
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10274318
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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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