$299,900
↓ $15K (4.8%)
●
House -
For Sale
150 Knights Circle
Covington, GA 30016
2 Beds
2 Baths
1,656 Ft²
$1,714
Est. Monthly
About This Property
Nestled beneath a canopy of mature trees on a private lake, this
charming 2-bedroom, 2-bath home offers peaceful lakeside living on
1.53 private acres. The open floor plan is filled with natural
light, while the full, partially finished basement provides
flexible space for a recreation room, home office, guests, or
storage. Both bedrooms feature private access to the expansive back
porch overlooking the lake-the perfect spot to enjoy your morning
coffee, watch wildlife, or spend the day fishing. Recent updates
include a 2021 HVAC, new water heater, and a 2-year-old outbuilding
for additional storage or workspace. More than a home, this
is a peaceful lakeside sanctuary where nature sets the pace and
every day feels like a getaway.
Unit Size
1,656 Ft²
Days on Market
90 days
Land Size
1.53 acres
Price per sqft
$181
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1992
Listed By
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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: 11 days ago (GAMLS #10812998)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 13, 2026 | Price Decreased |
$299,900
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Jul 20, 2026 | Listed by Morris Realty Co LLC | $315,000 | |
| Listed by Morris Realty Co LLC | |||
| Oct 9, 2003 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: Parking Pad
Interior Details
Full Bathrooms: 2
Interior Features: Double Vanity, Soaking Tub, Walk-In Closet(s), Master On Main Level, Roommate Plan, Separate Shower, Split Bedroom Plan
Appliances: Stainless Steel Appliance(s), Oven/Range (Combo)
Flooring Type: Hardwood, Tile
Laundry Features: In Basement
Has Fireplace
Fireplace Features: Basement, Family Room, Wood Burning Stove
Fireplaces: 2
Basement: Daylight, Full, Partially Finished
Exterior Details
Square Footage: 1656
Square Footage Source: $0
Property Condition: Resale
Architectural Style: Ranch
Year Built: 1992
Waterfront Features: Lake Front, Lake Access
Levels: Two
Construction Materials: Block, Vinyl Siding
Lot Features: Cul-De-Sac, Level, Private
Lot Size Area: 66646.8
Lot Size Units: Square Feet
Lot Size Acres: 1.53
Lot Size Square Feet: 66646.8
Water Source: Public
Financial Details
Tax Annual Amount: $2,886
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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HOA + Taxes
About Newton
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Listed by: Kayla Clack, Morris Realty Co LLC
Last Updated: 11 days ago
Data Source: GAMLS, MLS# 10812998
Last Updated: 11 days ago
Data Source: GAMLS, MLS# 10812998
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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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