$1,625,000
●
House -
Off Market
2261 Sidney Drive
Gainesville, GA 30506
5 Beds
7 Baths,
2
Half Baths
5,821 Ft²
$1,882,969
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
VIEWS! VIEWS! VIEWS! YEAR ROUND WATER VIEWS! Conveniently located
on Dawsonville Hwy 53 with easy access to 400 or 985. Minutes to
Downtown Gainesville, shopping, dining, and golf. Single slip dock
with a party deck and year long deep water access. Modern Estate on
Lake Lanier! 16 CAR GARAGE CAPACITY This is your chance to enjoy
water and land toys in one private residence. Interior Exquisitely
remodeled and decorated by a professional decorator. Exterior
virtually refreshed picture created by Brick & Batten to give
buyers a vision for a color change and added stone exterior. This
home has had one owner, well taken care of, rare gem on the water!
Truly a one of a kind property, this is a must see! Schedule a tour
today! Can be purchased FULLY FURNISHED!
Unit Size
5,821 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$325
Property Type
House
Property Taxes
$322
HOA Dues
$21
Year Built
1992
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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 #20042564)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2023 | Sold | ||
| Sold | |||
| May 17, 2022 | Listed by Chris McCall Realty, LLC | $1,890,000 | |
| Listed by Chris McCall Realty, LLC | |||
| | |||
|
VIEWS! VIEWS! VIEWS! YEAR ROUND WATER VIEWS! Conveniently located on Dawsonville Hwy 53 with easy access to 400 or 985. Minutes to Downtown Gainesville, shopping, dining, and golf. Single slip dock with a party deck and year long deep water access. Modern Estate on Lake Lanier! 16 CAR GARAGE CAPACITY This is your chance to enjoy water and land toys in one private residence. Interior Exquisitely remodeled and decorated by a professional decorator. Exterior virtually refreshed picture created by Brick & Batten to give buyers a vision for a color change and added stone exterior. This home has had one owner, well taken care of, rare gem on the water! Truly a one of a kind property, this is a must see! Schedule a tour today! Can be purchased FULLY FURNISHED!
| |||
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Gainesville
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Listed by: Amy Scott, Chris McCall Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20042564
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20042564
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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