46
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1959 Rowland Pass
About This Property
The bright, open floor plan centers around a chef's kitchen featuring white cabinetry, quartz countertops, an oversized island, built-in stainless steel appliances, a hooded cooktop, soft-close drawers, and a walk-in pantry. Overlooking the welcoming gathering room, this spacious kitchen makes everyday living and entertaining effortless. Extended hardwood flooring with no carpet, crown molding, and neutral finishes create a polished, cohesive feel throughout.
The oversized main-level primary suite features a generous walk-in closet and a fully renovated, spa-inspired bath with custom tile, an oversized frameless stepless shower, and a rain showerhead. A private guest bedroom and full bath also occupy the main level, along with a dedicated office with French doors. Upstairs, a loft, additional bedroom, and full bath offer flexible space for guests, hobbies, a movie room, or a second living area, great for multigenerational living.
Enjoy a manageable backyard without the lawn maintenance - landscaping is included in the HOA! Lakecrest offers low-maintenance living with modest HOA fees, making it an appealing option for those who prefer simplicity over an extensive amenity package. Priced to sell and filled with upgrades, this home is a standout opportunity near Lake Lanier!
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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%.
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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 |
|---|---|---|---|
| Oct 9, 2026 | Listed by Century 21 Results | $575,000 | |
| Listed by Century 21 Results | |||
| Aug 10, 2026 | Listed by Keller Williams Realty Atl. Partners | $595,000 | |
| Listed by Keller Williams Realty Atl. Partners | |||
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Welcome to effortless living in Lakecrest, an exclusive 55+ active adult community near Lake Lanier. Built in 2023, this beautifully upgraded ranch-style home offers the perfect combination of low-maintenance living, peaceful surroundings, and everyday convenience. Lakecrest is a private community of just 77 homes bordering protected Corps of Engineers property, with neighborhood access to Lake Lanier and Lanier Park only minutes away. Downtown Buford, Sugar Hill, Cumming Marketplace, and Mall of Georgia are all within easy reach for shopping, dining, and entertainment. Inside, the bright open-concept layout is designed for comfortable everyday living and entertaining. The upgraded kitchen features white cabinetry, quartz countertops, an oversized island, built-in stainless-steel appliances, walk-in pantry, soft-close drawers, and a hooded cooktop. A sunroom adds even more natural light and opens to a walkout patio and backyard overlooking the peaceful surroundings. The spacious owner's suite offers a large walk-in closet and spa-inspired bath with a stepless oversized frameless shower, rain head, and custom tile. A private guest suite with full bath is also located on the main level, while the upstairs loft, additional bedroom, and full bath provide flexible space for guests, hobbies, or a second living area. Additional upgrades include extended hardwood flooring throughout with no carpet, crown molding, neutral finishes, and a private front office with French doors. Best of all, the low HOA fee includes lawn care and landscaping, offering a truly low-maintenance lifestyle without paying for unnecessary amenities. Enjoy more time by the lake, exploring nearby restaurants and shops, or simply relaxing at home in one of Lake Lanier's most peaceful active adult communities.
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| Jul 13, 2026 | Price Decreased |
$619,000
↓ $6K
(1%) | |
| Price Decreased | |||
| May 8, 2026 | Price Decreased |
$625,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Apr 30, 2026 | Price Decreased |
$635,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017