251 Ebenezer Road
About This Property
The primary suite offers a luxurious retreat with an oversized layout, a large walk-in closet, a stand-up shower, a separate soaking tub, double vanity sinks, and built-in storage cabinetry. Two additional bedrooms and a well-appointed second bathroom ensure space and comfort for family or guests. Additional highlights include a large laundry room, central electric heating and cooling, and all-new systems-including well, septic, driveway, utilities, and survey-everything is brand new!
Located just 3 minutes from B.J. Reece Orchards & Reece Cider Co., and close to vineyards, Amicalola Falls, and Downtown Ellijay's dining, shopping, and entertainment, this home offers both natural beauty and convenience. Cable, electricity, and phone services are available. Some deed restrictions will apply; please see listing documents for details. Construction is nearly complete-schedule your showing today before this rare opportunity is gone!
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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 |
|---|---|---|---|
| Aug 19, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | Price Decreased |
$267,000
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Jun 14, 2025 | Price Decreased |
$269,000
↓ $11K
(3.9%) | |
| Price Decreased | |||
| May 2, 2025 | Listed by RE/MAX Town And Country | $279,900 | |
| Listed by RE/MAX Town And Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017