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Monroe 31029
203 Equestrian Drive
$65,000
● Land - Off Market

203 Equestrian Drive

Forsyth, GA 31029
bedrooms
Studio
bathrooms
0 Bath
$475
Est. Monthly
$92
HOA / Fees

About This Property

Residential building lot in River Forest. River Forest is a gated community offering an 18 hole championship golf course, full service clubhouse, swim, tennis and workout facilities.
Unit Size
-
Days on Market
54 days
Land Size
1.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$44
HOA Dues
$92
Year Built
-

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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: 9 months ago (GAMLS #10664705)

Price History

Date / Event Date Event Price
Feb 11, 2026 In contract -
In contract
Feb 11, 2026 Sold
Premium
Sold
Dec 10, 2025 Listed by SouthSide, REALTORS $69,000
Listed by SouthSide, REALTORS
Mar 10, 2022 Sold
Premium
Sold
Feb 28, 2017 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 58,370
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: RIVER FOREST
  • Land Acres: 0000001340
  • Standard Land Use Code: 8001
  • County Land Use Code: R3
  • Legal Description 1: LL 229 LD 4 LOT E5 RIVER FOREST PH III

Neighborhood

  • School District Name: Monroe County School District
  • School Tax School District: COUNTY
  • Census Tract: 050101

Geography

  • Assessors Map Reference: 26 121
  • Account Number: 13398
  • District: 4
  • Subdivision Phase Number: 3
  • Parcel: 026E-005
  • Lot: 229
  • Municipality: UNINCORPORATED
  • Latitude: 33.1202
  • Longitude: -83.9987

    Address

  • Full Address: 203 Equestrian Dr
  • Address - House Number: 203
  • Address - Street Name: Equestrian
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Forsyth
  • Carrier Code: R010
  • 4-Digit Zip Code: 4867
  • Zip Code: 31029

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $54,965
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 01

    Market Valuation

  • Market Total Value: $48,700
  • Market Land Value: $48,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,480
  • Assessed Land Value: $19,480

    Sales

  • Current Sale Contract Date: Mar 01, 2022
  • Current Sale Recording Date: Mar 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-000316
  • Previous Sale Recording Date: Feb 28, 2017
  • Previous Sale Contract Date: Feb 28, 2017
  • Previous Sale Amount: $17,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Monroe

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$173

Below Asking

0.02%

Average Days on Market

89

Average Home Size

2753 ft²

Average Home Age

23.5 years

Currently For Sale

124 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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GAMLS

Listed by: Chad Tyler, SouthSide, REALTORS
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10664705
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.

Frequently Asked Questions

When was property at 203 Equestrian Drive built and last sold?
The property at 203 Equestrian Drive was built in and last sold on Mar 1, 2022 for $103,000.
How much is this home worth?
The estimated value of the home located at 203 Equestrian Drive is $0.
What are some comparable homes to 203 Equestrian Drive?
There are currently no comparable homes to 203 Equestrian Drive.
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