2616 Alexis Way
About This Property
Located in Monroe, GA, this home offers the perfect blend of craftsman charm, modern upgrades, and prime location. Don't miss this opportunity
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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%.
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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 |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Listed by Keller Williams Realty Atlanta Partners | $549,000 | |
| Listed by Keller Williams Realty Atlanta Partners | |||
| Mar 18, 2025 | Listed by Keller Williams Realty Atl. Partners | $549,000 | |
| Listed by Keller Williams Realty Atl. Partners | |||
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Stunning Craftsman-Style Home in Alcovy Bluffs Welcome to 2616 Alexis Way, a beautifully maintained 5-bedroom, 3.5-bathroom home in the highly sought-after Alcovy Bluffs community of Walton County. This spacious and thoughtfully designed home offers an open floor plan, abundant natural light, and high-end finishes throughout. Key Features: Master on Main, Spacious primary suite for easy one-level living, Gourmet Kitchen, Granite countertops, stainless steel appliances, and ample storage, Open Floor Plan, Perfect for entertaining, with hardwood floors and lots of windows, Fully Finished Basement, Includes a rec room, 2 bedrooms, and a full bath, Loft & Additional Bath Upstairs, Extra living space for flexibility, Recent Upgrades & Improvements: New Roof (2.5 years old) Co Owens Corning Lifetime Warranty (transferable once) New Paint & freshly cleaned Carpets, Freshly updated for a move-in-ready experience, Main Floor AC Replaced (2024), Energy-efficient comfort, New 6" Gutters (2023), Added durability and protection, Soffits & Fascia Replaced (2022) with Hardie siding for long-lasting quality (90% or so), Septic has been pumped, EV Charger in Garage, A modern convenience for electric vehicle owners, Exterior & Community: Rocking Chair Front Porch, A perfect spot to relax and enjoy the neighborhood, 3-Car Side Entry Garage, Plenty of parking and storage space, Spacious Lot, Private and well-maintained, HOA Community, Enjoy the perks of Alcovy Bluffs living. Current owners say you'll love how quite it is here, great neighbors and close to downtown Monroe with cute shops and restaurants. Located in Monroe, GA, this home offers the perfect blend of craftsman charm, modern upgrades, and prime location. Don't miss this opportunity
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| Jun 6, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017