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3060 Cherry Grove Road
About This Property
A gated entrance and approximately 354 feet of road frontage lead you to a peaceful setting, with the home positioned roughly 400 feet off the road. The property features fenced pastures, a year-round creek, and an ideal layout for both recreation and livestock.
Outdoor amenities are truly exceptional, including a 48' x 24' in-ground saltwater pool, a 50-amp RV hookup, and a newly constructed, permitted 55' x 26' detached 4-car shop with two 10' x 10' doors and one 18' x 8' door. In total, the property offers a 6-car garage capacity. The barn, set on a concrete slab, offers three large stalls and four smaller stalls-perfect for animals-with an additional fenced area surrounding the barn.
Inside, the home offers 4 bedrooms, 2 full bathrooms, and 1 half bath. The main level features hardwood floors throughout, new windows, board and batten fiber cement siding, and spray foam insulation-all completed during the 2019 renovation. The spacious primary suite includes a recently updated bathroom with heated tile floors ! New jetted tub and dual showerheads for a spa-like experience. Secondary bedrooms are generously sized.
The finished basement includes an additional bedroom, half bath, and access to a screened-in porch beneath the main deck, leading directly to the pool-creating the perfect setup for entertaining.
Major systems have been thoughtfully updated for peace of mind, including a new septic system (2019), HVAC (2019), and a roof replaced just four years ago. The home also features a buried, owned 1,000-gallon propane tank, a tankless water heater, whole-house water filtration system, and a Generac whole-house generator.
Additional upgrades include a new driveway (2022), fresh exterior paint (last summer), new decking, fiber cement soffits and fascia, and vinyl windows.
Located in the Ball Ground Elementary, Creekland Middle, and Creekview High School districts, this property offers the perfect blend of rural tranquility and modern convenience.
This is a rare opportunity to own a fully upgraded estate with acreage, privacy, and endless possibilities-ideal for a homestead, equestrian property, or private retreat.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2026 | Sold | ||
| Sold | |||
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| Jun 21, 2026 | Price Decreased |
$1,199,900
↓ $25K
(2.1%) | |
| Price Decreased | |||
| Jun 2, 2026 | Price Decreased |
$1,225,000
↓ $25K
(2%) | |
| Price Decreased | |||
| Apr 11, 2026 | Listed by ERA Sunrise Realty | $1,249,900 | |
| Listed by ERA Sunrise Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017