$128,500
●
House -
Off Market
2510 Cove Road
Gainesville, GA 30506
4 Beds
0 Bath
2,620 Ft²
$277,807
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model
About This Property
River Point offers the tranquil setting that you seek in this
Gainesville neighborhood. Spacious raised Ranch with full finished
in-law suite in the lower level.Recently updated throughout which
includes kitchen, baths, lighting fixtures, hardwood floors, garage
doors, screen porch, door hardware, second kitchen, electrical
service plus trim.On the main find formal living room. Kitchen and
family room with fireplace.Two secondary bedrooms, hall bath and
master with private bath.Enjoy the view of Lake Lanier from the
rocking chair front porch.Great home turnkey must see!
Unit Size
2,620 Ft²
Days on Market
-
Land Size
-
Price per sqft
$52
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1973
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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: 3 years ago (FMLS #5109882)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 26, 2024 | Sold | ||
| Sold | |||
| Dec 28, 2023 | Listed by DUFFY REALTY | $379,000 | |
| Listed by DUFFY REALTY | |||
| Jun 7, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by Anchor Real Estate Advisors, LLC | $249,900 | |
| Listed by Anchor Real Estate Advisors, LLC | |||
| | |||
|
Welcome home! This charming home has all the features that you've been waiting to hit the market! You'll fall in love with the seasonal view of Lake Lanier from the driveway and the front of the house. The natural hardwoods throughout the home are beautiful. Kitchen features all appliances (fridge included) with view to formal living room & fireplace. Three bedrooms and two bathroom are on the main level. The master suite features a his/her closet, office area, and a breathtaking bathroom with soaking tub and walk-in shower. The terrace level features the in-law suite with full kitchen, bathroom, and living area. North Hall school district seals the deal on this home!
| |||
| Jun 30, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Hall
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Listed by: Rhonda Duffy, DUFFY REALTY
Last Updated: 3 years ago
Data Source: FMLS, MLS# 5109882
Last Updated: 3 years ago
Data Source: FMLS, MLS# 5109882
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