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Hall 30506
2564 Cove Road
Listing Courtesy of: Norman Moolenaar, THE NORTON AGENCY
$407,500
● House - Off Market

2564 Cove Road

Gainesville, GA 30506
bedrooms
4 Beds
bathrooms
0 Bath
$707,680
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Spectacular lake lot with incredible big sunset views. Easy close walk to your oversized double slip covered dock. Grand great room with vaulted ceilings, stone fireplace and hardwood floors. Updated kitchen, stainless appliances. Two master suites (one on main). Terrace level rec room with full bath. Covered screen porch with shaded big water views. Drought proof water at dock. This is a great lake experience! Riverbend & North Hall Schools.
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
1972

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #5668329)

Price History

Date / Event Date Event Price
Aug 24, 2016 Sold
Premium
Sold
Mar 28, 2016 Listed by THE NORTON AGENCY $419,000
Listed by THE NORTON AGENCY
Jun 16, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 2005
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 5
  • Basement Area: 792
  • Garage Type: 7
  • Garage Square Area: 736
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,161
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 1,210
  • Total Building Area: 2,256
  • Building Area: 2,256
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,256
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER POINT
  • Land Acres: 0000000371
  • Standard Land Use Code: 1001
  • County Land Use Code: 001
  • Legal Description 1: LT 13 PT 14 RIVER POINT S/D

Neighborhood

  • School District Name: Hall County School District
  • School Tax School District: COUNTY
  • Census Tract: 000501

Zoning

  • Zoning: R-I

Geography

  • Account Number: 32726
  • District: 001
  • Parcel: 10-126 -000-035
  • Lot: 13
  • Municipality: COUNTY
  • Latitude: 34.3544
  • Longitude: -83.8342

    Address

  • Full Address: 2564 Cove Rd
  • Address - House Number: 2564
  • Address - Street Name: Cove
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Gainesville
  • Carrier Code: C008
  • 4-Digit Zip Code: 1852
  • Zip Code: 30506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $755,770
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2141
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 70
  • Final Value: 690,971
  • High Value: 838,970
  • Low Value: 542,971

    Market Valuation

  • Market Total Value: $732,100
  • Market Land Value: $322,300
  • Market Improvement Value: $409,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,840
  • Assessed Land Value: $128,920
  • Assessed Improvements Value: $163,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2016
  • Current Sale Recording Date: Aug 24, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016-005884
  • Previous Sale Recording Date: Jun 16, 2003
  • Previous Sale Contract Date: May 21, 2003
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hall

Stats & Trends

Median Asking:

$429,900

Sale Price/ft²

$196

Above Asking

0.28%

Average Days on Market

80

Average Home Size

2596 ft²

Average Home Age

18.7 years

Currently For Sale

1254 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3451 Leisure Lane, Gainesville, GA, 30506

$2,800 /mo

  • 5 Beds
  • 3 Baths
  • 2,762 ft²
3451 Leisure Lane, Gainesville, GA, 30506

Rentals Near You

Click here to view more rentals in the neighborhood.
FMLS

Listed by: Norman Moolenaar, THE NORTON AGENCY
Last Updated: 3 years ago
Data Source: FMLS, MLS# 5668329
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2026 FMLS.

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Frequently Asked Questions

When was property at 2564 Cove Road built and last sold?
The property at 2564 Cove Road was built in 1972 and last sold on Aug 24, 2016 for $407,500.
How much is this home worth?
The estimated value of the home located at 2564 Cove Road is $0.
What are some comparable homes to 2564 Cove Road?
There are currently no comparable homes to 2564 Cove Road.
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