$520,000
●
House -
Off Market
1815 Barrett Drive
Cumming, GA 30040
4 Beds
3 Baths,
1
Half Bath
2,075 Ft²
$2,985
Est. Monthly
$54
HOA / Fees
5.71%
Cap Rate
About This Property
Motivated seller in sought after Barrett Downs subdivision! Welcome
to this adorable home in Cumming! This 4-bed, 2.5-bath home on 0.56
acres is a perfect blend of comfort and style. Built in 1998, the
2,075 sq ft home features hardwood floors. The updated antique
kitchen with arabesque tiles is a charming mix of classic and
modern. Newer water heater and HVAC ensure year-round comfort. Cozy
up by the gas fireplace in the family room or the electric
fireplace in the dining room. Oversized master with updated ensuite
bath.The backyard is surrounded by a 6-ft privacy fence, offering
ultimate privacy. The neighborhood boasts volleyball and basketball
courts, swim / tennis and a playground. Located close to downtown
Cumming, enjoy a vibrant community with numerous activities,
restaurants, and shopping. Don't miss the chance to own this
meticulously maintained and upgraded home - a perfect blend of
modern comfort and timeless charm.
Unit Size
2,075 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$260
Property Type
House
Property Taxes
$278
HOA Dues
$54
Year Built
1998
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Cap Rate Calculator
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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 #10226048)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2023 | Listed by Keller Williams Realty Atlanta Partners | $540,000 | |
| Listed by Keller Williams Realty Atlanta Partners | |||
| | |||
|
Motivated seller in sought after Barrett Downs subdivision! Welcome to this adorable home in Cumming! This 4-bed, 2.5-bath home on 0.56 acres is a perfect blend of comfort and style. Built in 1998, the 2,075 sq ft home features hardwood floors. The updated antique kitchen with arabesque tiles is a charming mix of classic and modern. Newer water heater and HVAC ensure year-round comfort. Cozy up by the gas fireplace in the family room or the electric fireplace in the dining room. Oversized master with updated ensuite bath.The backyard is surrounded by a 6-ft privacy fence, offering ultimate privacy. The neighborhood boasts volleyball and basketball courts, swim / tennis and a playground. Located close to downtown Cumming, enjoy a vibrant community with numerous activities, restaurants, and shopping. Don't miss the chance to own this meticulously maintained and upgraded home – a perfect blend of modern comfort and timeless charm.
| |||
| May 6, 2010 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Forsyth
Similar Homes for Sale
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Listed by: Bell Real Estate Group, Keller Williams Realty Atl. Partners
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10226048
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10226048
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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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