27
Map
$189,900
●
House -
In Contract
2309 Lorraine Drive
Savannah, GA 31404
2 Beds
1 Bath
894 Ft²
$1,029
Est. Monthly
About This Property
BACK ON MARKET AT NO FAULT OF THE SELLER! Their loss, your
gain! Priced Reduced to Sell Quicklly! Enchanting 2-bedroom,
1-bath investor's dream in the heart of Savannah! This charming
home features beautiful hardwood floors throughout and a French
door leading to a fabulous covered side porch-perfect for enjoying
your morning coffee or unwinding with an evening glass of wine. The
long driveway easily accommodates two vehicles, adding convenience
and functionality. Ideally located just minutes from Savannah State
University, along with an array of dining, shopping, and
entertainment options, this property offers both charm and
exceptional potential. Sold "As Is".
Unit Size
894 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$212
Property Type
House
Property Taxes
$96
HOA Dues
-
Year Built
1953
Listed By
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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: 7 days ago (GAMLS #10759092)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2026 | In contract | - | |
| In contract | |||
| Oct 16, 2026 | Relisted | $189,900 | |
| Relisted | |||
| Sep 21, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Price Decreased |
$189,900
↓ $5K
(2.6%) | |
| Price Decreased | |||
| Jul 23, 2026 | Price Decreased |
$194,900
↓ $5K
(2.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 1
Interior Features: Pulldown Attic Stairs
Appliances: Refrigerator, Oven/Range (Combo)
Flooring Type: Hardwood, Laminate
Laundry Features: In Hall
Basement: Crawl Space
Exterior Details
Square Footage: 894
Square Footage Source: $0
Property Condition: Fixer
Architectural Style: Bungalow
Year Built: 1953
Levels: One
Construction Materials: Other
Lot Features: Level
Lot Size Area: 7840.8
Lot Size Units: Square Feet
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Water Source: Public
Financial Details
Tax Annual Amount: $1,147
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Baths
ft²
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HOA + Taxes
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Listed by: Sherri Anderson, Century 21 Results
Last Updated: 7 days ago
Data Source: GAMLS, MLS# 10759092
Last Updated: 7 days ago
Data Source: GAMLS, MLS# 10759092
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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