$242,000
●
House -
Off Market
20 Tara Way
Covington, GA 30016
3 Beds
2 Baths
1,458 Ft²
$1,421
Est. Monthly
8.16%
Cap Rate
About This Property
** Charming 3-Bedroom Ranch in a Peaceful Community - Endless
Possibilities! ** Welcome home to this
**well-maintained 3-bedroom, 2-bathroom ranch** nestled in a
**quiet, established subdivision**. Offering comfort and
convenience, this home features a **private fenced backyard**,
perfect for relaxing or entertaining. Enjoy a
spacious layout with **plenty of natural light**, a cozy living
area, and a **bonus room just waiting to be finished**-ideal for an
office, playroom, or extra bedroom. Whether you're a first-time
homebuyer or looking for a great investment, this home is **move-in
ready with flexible financing options available!**
**Property Highlights:** **3 Bedrooms, 2
Bathrooms** **Private Fenced Backyard** for Ultimate
Relaxation **Bonus Room - Finish to Suit Your
Needs!** **Well-Kept Subdivision** with a Serene
Atmosphere FHA & VA This home
offers affordability, charm, and potential all in one! **Don't miss
out-schedule your showing today!**
Unit Size
1,458 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$171
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
2000
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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: 2 years ago (GAMLS #10452561)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Mar 15, 2025 | In contract | - | |
| In contract | |||
| Mar 5, 2025 | Listed | $249,000 | |
| Listed | |||
| | |||
|
** Charming 3-Bedroom Ranch in a Peaceful Community - Endless Possibilities! ** Welcome home to this **well-maintained 3-bedroom, 2-bathroom ranch** nestled in a **quiet, established subdivision**. Offering comfort and convenience, this home features a **private fenced backyard**, perfect for relaxing or entertaining. Enjoy a spacious layout with **plenty of natural light**, a cozy living area, and a **bonus room just waiting to be finished**-ideal for an office, playroom, or extra bedroom. Whether you're a first-time homebuyer or looking for a great investment, this home is **move-in ready with flexible financing options available!** **Property Highlights:** **3 Bedrooms, 2 Bathrooms** **Private Fenced Backyard** for Ultimate Relaxation **Bonus Room - Finish to Suit Your Needs!** **Well-Kept Subdivision** with a Serene Atmosphere FHA & VA This home offers affordability, charm, and potential all in one! **Don't miss out-schedule your showing today!**
| |||
| Feb 19, 2025 | Price Decreased |
$249,000
↓ $999
(0.4%) | |
| Price Decreased | |||
| Feb 4, 2025 | Listed by eXp Realty | $249,999 | |
| Listed by eXp Realty | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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HOA + Taxes
About Newton
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Listed by: Tiffany Simone Lee, eXp Realty
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10452561
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10452561
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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