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Monroe 31029
215 Freedom Avenue
$60,000
● Land - Off Market

215 Freedom Avenue

Forsyth, GA 31029
bedrooms
Studio
bathrooms
0 Bath
$62,329
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

RIVER FOREST. Building lot suitable for any foundation type. River Forest is a gated community that offers a championship golf course, full service clubhouse, swim, tennis and exercise facilities.
Unit Size
-
Days on Market
-
Land Size
1.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$14
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: 2 years ago (GAMLS #20117933)

Price History

Date / Event Date Event Price
Jul 24, 2023 Sold
Premium
Sold
Apr 3, 2023 Listed by SouthSide, REALTORS $62,500
Listed by SouthSide, REALTORS
Nov 14, 2005 Sold
Premium
Sold

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: 47,916
  • 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: 0000001100
  • Standard Land Use Code: 8001
  • County Land Use Code: R3
  • Legal Description 1: LL 231 LD 4 LOT G21 PH VI RIVER FOREST

Neighborhood

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

Geography

  • Assessors Map Reference: 27 222
  • Account Number: 13466
  • District: 4
  • Subdivision Phase Number: 6
  • Parcel: 026G-021
  • Lot: 231
  • Municipality: UNINCORPORATED
  • Latitude: 33.122
  • Longitude: -83.9822

    Address

  • Full Address: 215 Freedom Dr
  • Address - House Number: 215
  • Address - Street Name: Freedom
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Forsyth
  • Carrier Code: R010
  • 4-Digit Zip Code: 5508
  • Zip Code: 31029

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $45,145
  • Tax Rate Code Area: 01

    Market Valuation

  • Market Total Value: $40,000
  • Market Land Value: $40,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $16,000

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 17, 2005
  • Previous Sale Amount: $610,000
  • 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

90

Average Home Size

2752 ft²

Average Home Age

23.2 years

Currently For Sale

126 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: 2 years ago
Data Source: GAMLS, MLS# 20117933
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 215 Freedom Drive built and last sold?
The property at 215 Freedom Drive was built in and last sold on Jul 7, 2023 for $60,000.
How much is this home worth?
The estimated value of the home located at 215 Freedom Drive is $0.
What are some comparable homes to 215 Freedom Drive?
There are currently no comparable homes to 215 Freedom Drive.
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