$875,000
●
House -
In Contract
2506 Emerald Drive
Jonesboro, GA 30236
4 Beds
3 Baths
4,500 Ft²
$5,037
Est. Monthly
$71
HOA / Fees
About This Property
LOVELY LAKEFRONT PROPERTY! In highly sought after Lake Spivey
Community. Located on the Largest Privately owned Lake
in Georgia. This traditional all Brick home offers 4 Bedrooms on
main level with all Bedrooms having attached Bathrooms. Walk-in to
large Foyer proceeding to Formal Living & Dining Room to unique
Family Room over looking lakeview. Upper level has Huge Bonus
Room with plenty of room for a Recreational Area with wonderful
Lakeview. This Well Maintained home has New Roof, New Water
Heater, and Central vacuum. Back yard is perfect for Entertaining.
Covered Boat Dock with lift and relaxing Lake view. Come Join
all the amenities that this Community Offers.
Unit Size
4,500 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$194
Property Type
House
Property Taxes
$669
HOA Dues
$71
Year Built
1972
Listed By
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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: 5 days ago (GAMLS #10857580)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2026 | In contract | - | |
| In contract | |||
| Sep 30, 2026 | Listed by Priority Brokers Realty | $875,000 | |
| Listed by Priority Brokers Realty | |||
| Nov 29, 2025 | Relisted | $925,000 | |
| Relisted | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Mar 15, 2024 | Listed | $925,000 | |
| Listed | |||
| | |||
|
WELCOME TO LUXURY LAKE FRONT LIVING! In highly sought after Lake Spivey Community. Located on the Largest Privately owned Lake in Georgia. This traditional all Brick home offers 4 Bedrooms on main level with all Bedrooms having attached Bathrooms. Walk-in to large Foyer proceeding to Formal Living & Dining Room to unique Family Room over looking lakeview. Upper level has Huge Bonus Room with plenty of room for a Recreational Area with wonderful Lakeview. This Well Maintained home has New Roof, New Water Heater, and Central vacuum. Back yard is perfect for Entertaining. Covered Boat Dock with lift and relaxing Lake view. Come Join all the amenities that this Community Offers.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Carport
Parking Features: Carport, Detached, Kitchen Level, Parking Pad, Side/Rear Entrance
Interior Details
Full Bathrooms: 3
Interior Features: Bookcases, Central Vacuum, Double Vanity, High Ceilings, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Master On Main Level, Rear Stairs, Separate Shower, Tile Bath
Appliances: Cooktop, Dishwasher, Double Oven, Indoor Grill, Refrigerator, Oven (Wall)
Flooring Type: Carpet, Hardwood, Tile
Laundry Features: In Hall
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 4500
Square Footage Source: $0
Security Features: Security System, Smoke Detector(s)
Property Condition: Resale
Architectural Style: Colonial, Ranch, Traditional, Brick 4 Side
Year Built: 1972
Waterfront Features: Lake Front, Seawall, Deep Water Access, Dock Rights, Lake Access, Private
Levels: One and One Half
Construction Materials: Block
Patio and Porch Features: Deck, Patio
Lot Features: Level
Lot Size Area: 43560
Lot Size Units: Square Feet
Lot Size Acres: 1
Lot Size Square Feet: 43560
Water Source: Public
Financial Details
Tax Annual Amount: $8,026
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Management Fee, Reserve Fund
HOA Fee: $850
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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Type
Beds
Baths
ft²
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HOA + Taxes
About Clayton
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Listed by: Julie Smith, Priority Brokers Realty
Last Updated: 5 days ago
Data Source: GAMLS, MLS# 10857580
Last Updated: 5 days ago
Data Source: GAMLS, MLS# 10857580
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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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