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Rabun 30525
159 Hickory Flat Lane
$253,000
● House - Off Market

159 Hickory Flat Lane

Clayton, GA 30525
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,152 Ft²
$1,311
Est. Monthly
5.61%
Cap Rate

About This Property

Adorable mountain cabin with almost two acres of privacy located near Rainy Mountain in eastern Rabun County. Very private, cozy, and campy with high ceilings, outstanding screened porch, and art studio space on the lower level. Priced to sell!
Unit Size
1,152 Ft²
Days on Market
-
Land Size
1.98 acres
Price per sqft
$220
Property Type
House
Property Taxes
$68
HOA Dues
-
Year Built
1988

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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 #10309946)

Price History

Date / Event Date Event Price
Jun 25, 2024 Sold
Premium
Sold
May 31, 2024 Listed by ReMax Town & Country of Rabun $253,000
Listed by ReMax Town & Country of Rabun
Oct 1, 2002 Sold
Premium
Sold
Jun 1, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 288
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 86,249
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 11
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001980
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: LOT 10A

Neighborhood

  • School District Name: Rabun County School District
  • Census Tract: 970202

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: MAP 052D
  • Account Number: 10470
  • District: 4
  • Parcel: 052D 116
  • Lot: 26
  • Municipality: UNINC COUNTY
  • Latitude: 34.8571
  • Longitude: -83.3448

    Address

  • Full Address: 159 Hickory Flat Ln
  • Address - House Number: 159
  • Address - Street Name: Hickory Flat
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Clayton
  • Carrier Code: R003
  • 4-Digit Zip Code: 5767
  • Zip Code: 30525

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $81,250

    Appraisal Valuation

  • Standard Deviation: 0.3036
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 39
  • Final Value: 227,520
  • High Value: 296,613
  • Low Value: 158,426

    Market Valuation

  • Market Total Value: $115,980
  • Market Land Value: $28,690
  • Market Improvement Value: $87,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,392
  • Assessed Land Value: $11,476
  • Assessed Improvements Value: $34,916

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 01, 2002
  • Current Sale Recording Date: Oct 01, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 01, 1998
  • Previous Sale Contract Date: Jun 01, 1998
  • Previous Sale Amount: $59,900
  • 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 Rabun

Stats & Trends

Median Asking:

$439,500

Sale Price/ft²

$266

Below Asking

0.02%

Average Days on Market

75

Average Home Size

2364 ft²

Average Home Age

31.2 years

Currently For Sale

392 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

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GAMLS

Listed by: Jon Barnwell, ReMax Town & Country of Rabun
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10309946
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 159 Hickory Flat Lane built and last sold?
The property at 159 Hickory Flat Lane was built in 1988 and last sold on Oct 1, 2002 for $116,000.
How much is this home worth?
The estimated value of the home located at 159 Hickory Flat Lane is $258,092.
What are some comparable homes to 159 Hickory Flat Lane?
There are currently no comparable homes to 159 Hickory Flat Lane.
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