$197,000
●
House -
Off Market
174 Letourneau Drive
Toccoa, GA 30577
3 Beds
1 Bath
1,026 Ft²
$1,036
Est. Monthly
12.45%
Cap Rate
About This Property
Excellent 1st time buyer opportunity, gorgeous renovated ranch 3
bdr and 1bath. Side entrance has a wheelchair ramp. This home has
lots of major upgrades: brand new main water line, all HVAC ducts
installed new, water heater is NEW, all new light fixtures inside
and out. Living room with large new windows and real fireplace.
Completely new decks build front and back with new railing and
light fixtures. Kitchen features new paint cabinets, new counter
tops, new appliances, island and breakfast area. Main bedroom with
walk-in closet. The renovation includes: new paint inside/outside
and all trim, new light fixtures, new floors, new bathroom vanity
with new sink and faucet and new toilet. Entire house has a new
engineered hardwood floors installed. New large DECK build with new
paint, new front steps with new railing. House comes with 2 sheds.
Nice spacious fenced backyard plenty room for playground. Great
location. Do not miss this one!
Unit Size
1,026 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$190
Property Type
House
Property Taxes
$78
HOA Dues
-
Year Built
1948
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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: 3 years ago (GAMLS #20177461)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | Listed by HomeSmart | $194,900 | |
| Listed by HomeSmart | |||
| Dec 20, 2022 | No longer available | - | |
| No longer available | |||
| Sep 15, 2022 | Listed by Solid Source Realty | $119,900 | |
| Listed by Solid Source Realty | |||
| | |||
|
Excellent investor’s landlord opportunity, Tenants are already in place and would like to stay till the current lease expires, ranch home 3 bdr/1baths, private backyard fenced with storage, walking distance to everything. Property for sale AS-IS condition, no additional repairs. This is one of 3 rental properties that Landlord would like to sale, bundle deal would be possible for all three as well. No sign, No Lockbox, by appointment only to notify tenants 6h in advance if possible. DO not miss this opportunity! Only for serious buyer-investor. The manager has listed the unit size as 1026 square feet.
| |||
| Jul 3, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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HOA + Taxes
About Toccoa
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Listed by: Mila Horbulewicz, HomeSmart
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20177461
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20177461
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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