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Skidaway Island 31411
3 Bray Lane
$450,000
● House - Off Market

3 Bray Lane

Savannah, GA 31411
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,374 Ft²
$460,388
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Well maintained 3 bedroom/2 bathroom home nestled on a quiet cul-de-sac in the Marshwood section of The Landings. Updates to the home include three-quarter inch hardwood floors throughout, custom paver driveway, and sunroom overlooking the private backyard.  Come live The Landings Lifestyle and enjoy resort-style living with 6 golf courses, 5 swimming pools, tennis, pickleball, fitness center & spa, miles of walking trails, playground, dog park, 2 deep-water marinas, and so much more! [Some amenities require membership & additional fees]
Unit Size
2,374 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$190
Property Type
House
Property Taxes
$351
HOA Dues
$181
Year Built
1978

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Cap Rate Calculator

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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 (GAMLS #20053891)

Price History

Date / Event Date Event Price
Jul 28, 2022 Sold
Premium
Sold
Jun 29, 2022 Listed by Keller Williams Realty Coastal $450,000
Listed by Keller Williams Realty Coastal
Feb 8, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1993
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 2,499
  • Building Area: 2,499
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 2,499
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SKDAWY PH 1
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: RES
  • Legal Description 1: LOT 540 THE LANDINGS SKIDAWAY IS LAND

Neighborhood

  • School District Name: Chatham County School District
  • Census Tract: 011006

Zoning

  • Zoning: PUD

Geography

  • Parcel: 1-0197 -01-034
  • Lot: 540
  • Municipality: UNINCORPORATED AREA
  • Latitude: 31.9361
  • Longitude: -81.0331

    Address

  • Full Address: 3 Bray Ln
  • Address - House Number: 3
  • Address - Street Name: Bray
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Savannah
  • Carrier Code: C040
  • 4-Digit Zip Code: 1502
  • Zip Code: 31411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $137,090

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 689,413
  • High Value: 841,624
  • Low Value: 537,202

    Market Valuation

  • Market Total Value: $359,500
  • Market Land Value: $185,000
  • Market Improvement Value: $174,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,800
  • Assessed Land Value: $74,000
  • Assessed Improvements Value: $69,800

    Sales

  • Current Sale Contract Date: Jul 25, 2022
  • Current Sale Recording Date: Jul 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-008973
  • Previous Sale Recording Date: Feb 08, 2013
  • Previous Sale Contract Date: Feb 08, 2013
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: 71
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 Skidaway Island

Stats & Trends

Median Asking:

$847,000

Sale Price/ft²

$308

Below Asking

0.04%

Average Days on Market

96

Average Home Size

4444 ft²

Average Home Age

32.5 years

Currently For Sale

2 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

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GAMLS

Listed by: Brooke Powell, Keller Williams Realty Coastal
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20053891
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.

Frequently Asked Questions

When was property at 3 Bray Lane built and last sold?
The property at 3 Bray Lane was built in 1978 and last sold on Jul 25, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 3 Bray Lane is $456,702.
What are some comparable homes to 3 Bray Lane?
There are currently no comparable homes to 3 Bray Lane.
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