$700,000
●
House -
Off Market
263 Lotus Lane #21
Covington, GA 30016
5 Beds
4 Baths,
1
Half Bath
$3,578
Est. Monthly
$58
HOA / Fees
About This Property
The Royal Plan features 5 bedrooms/4.5 baths and a three-car
garage. On the main level are a formal living room, dining room,
2-story family room w/coffered ceilings, kitchen cabinets w/granite
counter tops, tile backsplash, island, walk-in pantry, gourmet
stainless appliances, hardwood floors, a half bath, and a bedroom
with full bath. Stair's w/oak handrails with wrought iron spindles
lead to upstairs. 2nd floor features an enormous primary suite
w/sitting room, three secondary bedrooms, and two full baths.
Unit Size
-
Days on Market
41 days
Land Size
0.73 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$58
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 11 months ago (GAMLS #10631940)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2025 | Listed by DFH Realty Georgia | $716,640 | |
| Listed by DFH Realty Georgia | |||
| Oct 5, 2025 | Price Increased |
$716,640
↑ $6K
(0.8%) | |
| Price Increased | |||
| Sep 29, 2025 | Price Increased |
$711,140
↑ $3K
(0.4%) | |
| Price Increased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Double Vanity, High Ceilings, Walk-In Closet(s), Tile Bath, Two Story Foyer
Appliances: Cooktop, Dishwasher, Microwave, Oven (Wall)
Flooring Type: Carpet, Hardwood, Tile
Laundry Features: Other
Has Fireplace
Fireplaces: 1
Basement: Unfinished
Exterior Details
Square Footage Source: $0
Property Condition: New Construction
Architectural Style: Traditional, Brick 4 Side
Year Built: 2025
Levels: Two
Construction Materials: Brick, Stucco
Lot Features: None
Lot Size Area: 31798.8
Lot Size Units: Square Feet
Lot Size Acres: 0.73
Lot Size Square Feet: 31798.8
Water Source: Public
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric, Zoned
Heating Type: Central, Natural Gas, Zoned
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $700
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/25/2025
|
5 Bed
|
4 Bath
|
-
|
$716,640
5 Bed
4 Bath
|
$700,000
-2.32%
12/05/2025
|
Brandon Jackson
Henry County Office
|
Building Info
About Newton
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Brandon Jackson, DFH Realty Georgia
Last Updated: 11 months ago
Data Source: GAMLS, MLS# 10631940
Last Updated: 11 months ago
Data Source: GAMLS, MLS# 10631940
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.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017