$149,900
●
Land -
Off Market
157 Lakeview Circle
Waleska, GA 30183
Studio
0 Bath
$861
Est. Monthly
$120
HOA / Fees
4.84%
Cap Rate
About This Property
A lake lot in the amazing community of Lake Arrowhead. This lot is
perfect for a walk out basement and sits on a quiet cove close to
the North Entrance of Lake Arrowhead. Lake Arrowhead is a gated
community and is a hidden gem with a 540 Acre Lake, Marina,
Championship Golf Course, Clubhouse with Restaurant. 2 pools,
tennis, basketball, volleyball courts. Enjoy miles of scenic hiking
trails within this wonderful community. You have to come up to Lake
Arrowhead to understand the beauty of this special place. Listing
Realtors live in the community, happy to answer any questions on
this property or the community.
Unit Size
-
Days on Market
-
Land Size
0.37 acres
Price per sqft
-
Property Type
Land
Property Taxes
$4
HOA Dues
$120
Year Built
-
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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 #10226404)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2023 | Listed by Keller Williams Realty Partners | $149,900 | |
| Listed by Keller Williams Realty Partners | |||
| | |||
|
A lake lot in the amazing community of Lake Arrowhead. This lot is perfect for a walk out basement and sits on a quiet cove close to the North Entrance of Lake Arrowhead. Lake Arrowhead is a gated community and is a hidden gem with a 540 Acre Lake, Marina, Championship Golf Course, Clubhouse with Restaurant. 2 pools, tennis, basketball, volleyball courts. Enjoy miles of scenic hiking trails within this wonderful community. You have to come up to Lake Arrowhead to understand the beauty of this special place. Listing Realtors live in the community, happy to answer any questions on this property or the community.
| |||
| Aug 15, 2022 | No longer available | - | |
| No longer available | |||
| May 4, 2022 | Price Decreased |
$290,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Dec 9, 2021 | Listed by Lake Homes Realty, LLC | $300,000 | |
| Listed by Lake Homes Realty, LLC | |||
| | |||
|
Back on the Market! One of the Last Water Front Lots Available in Lake Arrowhead! Beautifully Wooded Lot Ideal for a Walkout Terrace Level Home. View Would be Up the Entire Cove. The Street is Lined with Other Beautiful Lake Homes. Gated Lake & Golf Community. Clubhouse with Bar & Restaurant. Fantastic Amenities Include 2 Pools, Basketball, Sand Volleyball & Tennis Courts, 18 Hole Champioinship Golf Course & Miles of Hiking Trails for your Enjoyment. Only 1 Hr North of Atlanta.
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lake Arrowhead
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Listed by: Jeff Leshin, Keller Williams Rlty. Partners
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10226404
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10226404
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.
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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