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About This Property
The main level showcases four spacious bedrooms and two beautifully renovated baths, anchored by a bright, designer kitchen with quartz countertops, stainless steel appliances, and a seamless flow into the open-concept living area. The primary suite offers a spa-inspired retreat with a soaking tub, walk-in shower, and elevated finishes throughout. A dedicated laundry room and two-car garage complete this thoughtfully updated level.
The terrace level has been transformed into a full secondary residence, perfect for parents, adult children, long-term guests, or income-producing potential. This private suite includes two bedrooms, two full baths, a brand-new kitchen with quartz counters and shaker style cabinetry, modern fixtures, and its own laundry connections. With a private entrance and full separation from the main level, it feels like a luxury apartment - ideal for multi-gen living without compromise.
The property's layout offers exceptional versatility, and the lot provides the option to add a rear driveway, creating the possibility of two fully independent residences with private access for each.
Located in the highly desirable Summer Grove community, residents enjoy access to the lake, walking trails, golf, pools, tennis, and convenient proximity to schools, shopping, dining, and major commuter routes. This home blends modern design, multi-gen functionality, and high-end craftsmanship in one of Newnan's most sought-after neighborhoods.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | No longer available | - | |
| No longer available | |||
| Jul 18, 2026 | Price Decreased |
$449,999
↓ $25K
(5.3%) | |
| Price Decreased | |||
| May 9, 2026 | Price Decreased |
$474,999
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Apr 2, 2026 | Listed by Impact Brokerage & Consulting | $484,999 | |
| Listed by Impact Brokerage & Consulting | |||
| Jul 10, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017