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247 Arbour Way
About This Property
Welcome to this beautiful 3-bedroom, 2.5-bath home in Suwanee featuring an incredible in-ground pool, just minutes
from Suwanee Town Center. There is truly nothing else like it at this price point on the market. This home is perfect for
a first-time buyer looking to build instant equity or an investor seeking a rental opportunity, with no rental
restrictions.
Inside, you'll find an open-concept layout with vaulted ceilings in the living room that seamlessly flows into the dining
area and kitchen, creating a bright and inviting space. The home sits on nearly half an acre and offers a 2-car garage
along with a private backyard that is ideal for entertaining. Recent updates include fresh landscaping and a newly
painted back deck, making this home completely turnkey and move-in ready. The location is equally impressive, with
easy access to parks, restaurants, shopping, and year-round events at Suwanee Town Center, one of Gwinnett County's
most vibrant destinations. Families will also appreciate the convenience of highly rated schools located within
approximately two miles.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2026 | Sold | ||
| Sold | |||
| May 28, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Price Decreased |
$379,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
| May 20, 2026 | Relisted | $385,000 | |
| Relisted | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017