$324,000
●
House -
Off Market
228 Lake Chase Drive N
Griffin, GA 30224
4 Beds
2 Baths
2,009 Ft²
$347,717
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Don't miss out on this Park Place retreat that boast 3 bedroom 2
full baths with a finished bonus room to serve as the 4th bedroom.
Living and dining room combination with breakfast area and
breakfast bar. Kitchen is equipped with Samsung stainless steel
appliance package that includes refrigerator, stove, dishwasher and
microwave. Quartz countertops and hardwoods through out the
kitchen, living room, dining room and breakfast area. Carpet in all
bedrooms and bonus room. Large master bedroom and master bath
w/separate shower and soaking tub. Huge walk-in master closet.
Backyard oasis with inground saltwater pool and gazebo w/power and
TV. Newer liner, pump, lighting and vacuum for the pool.
Unit Size
2,009 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$174
Property Type
House
Property Taxes
$286
HOA Dues
$17
Year Built
2003
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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 #10181657)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2023 | No longer available | - | |
| No longer available | |||
| Sep 11, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2023 | In contract | - | |
| In contract | |||
| Aug 1, 2023 | Listed by Keller Williams Realty Georgia Communities | $349,900 | |
| Listed by Keller Williams Realty Georgia Communities | |||
| | |||
|
Don't miss out on this Park Place retreat that boast 3 bedroom 2 full baths with a finished bonus room to serve as the 4th bedroom. Living and dining room combination with breakfast area and breakfast bar. Kitchen is equipped with Samsung stainless steel appliance package that includes refrigerator, stove, dishwasher and microwave. Quartz countertops and hardwoods through out the kitchen, living room, dining room and breakfast area. Carpet in all bedrooms and bonus room. Large master bedroom and master bath w/separate shower and soaking tub. Huge walk-in master closet. Backyard oasis with inground saltwater pool and gazebo w/power and TV. Newer liner, pump, lighting and vacuum for the pool. The manager has listed the unit size as 2009 square feet.
| |||
| Jul 16, 2023 | Listed by Keller Williams GA Communities | $349,900 | |
| Listed by Keller Williams GA Communities | |||
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Property Highlights
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 Spalding
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Listed by: Cedrick Fallings, Keller Williams GA Communities
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10181657
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10181657
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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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