$165,000
●
House -
Off Market
255 Madison Road
Monticello, GA 31064
6 Beds
3 Baths,
1
Half Bath
3,279 Ft²
$208,096
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Circa 1906 Historic home on national register. Extra large front
porch with Mature Landscaping surrounding the .82/acre lot.
Separate .53/acre lot to the Right of the home included in sale.
Wood flooring throughout with plaster walls, back deck. Basement
with inside entrance. 2 large bedrooms on the main floor.
Front Parlor, formal dining room. Good sized bedrooms
upstairs with large closets and a full bath. Comfortable
upstairs landing with room for small sofa/TV. The sale
includes 2 parcels M03 172 & M03 171. Stove is
gas, city gas. HVAC on main level only, electric. House can not be
shown until Monday 8/16.
Unit Size
3,279 Ft²
Days on Market
-
Land Size
1.35 acres
Price per sqft
$56
Property Type
House
Property Taxes
$218
HOA Dues
-
Year Built
1906
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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 (GAMLS #9027151)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | Listed by EXP Realty LLC | $190,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
Beautiful historic home within walking distance to downtown Monticello! Come see this large 2 story home with all the original character still in good condition. Nice original hardwood floors, coffered ceilings, high ceilings, clawfoot tub, many fireplaces all with a wrap around porch and 2 entrances! Excellent investment opportunity to buy a piece of history in downtown Monticello! A great 0.82 Acre Estate was built in 1909. The property is partially renovated. Seller will not turn on utilities for inspection.
| |||
| Nov 13, 2023 | No longer available | - | |
| No longer available | |||
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Jul 28, 2023 | Price Decreased |
$349,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Monticello
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Listed by: Ashley Hunt, Madison Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 9027151
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 9027151
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.
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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