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Hall 30507
2427 Candler Road
$220,000
● House - Off Market

2427 Candler Road

Gainesville, GA 30507
bedrooms
3 Beds
bathrooms
1 Bath
square feet
912 Ft²
$1,145
Est. Monthly
11.34%
Cap Rate

About This Property

Exceptional Investment Opportunity in Gainesville! This 3-bedroom, 1-bath rental home sits on a generous 1.6-acre double lot. Whether you're looking to expand your rental portfolio, build a second home, or hold for future development, this property delivers strong long-term value. Located in a convenient yet quiet area, opportunities like this are rare-don't miss out!
Unit Size
912 Ft²
Days on Market
62 days
Land Size
1.60 acres
Price per sqft
$236
Property Type
House
Property Taxes
$89
HOA Dues
-
Year Built
1952

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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 #10570655)

Price History

Date / Event Date Event Price
Sep 24, 2025 Sold
Premium
Sold
Sep 11, 2025 In contract -
In contract
Jul 24, 2025 Listed by Keller Williams Lanier Partners $215,000
Listed by Keller Williams Lanier Partners
Jun 22, 2018 Sold
Premium
Sold
Dec 13, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1987
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 26
  • Exterior Walls Type: 29
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 24
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,482
  • Lot Size Depth Feet: 6,200
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOLEMAN EST
  • Land Acres: 0000001641
  • Standard Land Use Code: 1001
  • County Land Use Code: 001
  • Legal Description 1: J H BOLEMAN EST LTS 55 & 56

Neighborhood

  • School District Name: Hall County School District
  • School Tax School District: COUNTY
  • Census Tract: 001204

Zoning

  • Zoning: AR-IV

Geography

  • Account Number: 49835
  • District: 001
  • Parcel: 15-030A-000-004
  • Lot: 55-56
  • Municipality: COUNTY
  • Latitude: 34.2182
  • Longitude: -83.7833

    Address

  • Full Address: 2427 Candler Rd
  • Address - House Number: 2427
  • Address - Street Name: Candler
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Gainesville
  • Carrier Code: R003
  • 4-Digit Zip Code: 8443
  • Zip Code: 30507

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $117,585
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2297
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 149,100
  • High Value: 183,361
  • Low Value: 114,839

    Market Valuation

  • Market Total Value: $107,000
  • Market Land Value: $28,500
  • Market Improvement Value: $78,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,800
  • Assessed Land Value: $11,400
  • Assessed Improvements Value: $31,400

    Sales

  • Current Sale Contract Date: Jun 22, 2018
  • Current Sale Recording Date: Jun 22, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-004476
  • Previous Sale Recording Date: Dec 13, 2005
  • Previous Sale Contract Date: Dec 01, 2005
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: 27
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 Hall

Stats & Trends

Median Asking:

$419,990

Sale Price/ft²

$195

Above Asking

0.33%

Average Days on Market

69

Average Home Size

2573 ft²

Average Home Age

18.7 years

Currently For Sale

1248 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

Unit for rent at 7020 Brookton Lane, Gainesville, GA, 30507

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,495 ft²
7020 Brookton Lane, Gainesville, GA, 30507

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Pat Burke, Keller Williams Lanier Partners
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10570655
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 2427 Candler Road built and last sold?
The property at 2427 Candler Road was built in 1952 and last sold on Jun 22, 2018 for $69,000.
How much is this home worth?
The estimated value of the home located at 2427 Candler Road is $215,647.
What are some comparable homes to 2427 Candler Road?
There are currently no comparable homes to 2427 Candler Road.
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