$375,000
●
House -
Off Market
307 Skyline Drive
Ellijay, GA 30540
2 Beds
2 Baths
1,344 Ft²
$1,941
Est. Monthly
5.13%
Cap Rate
About This Property
Craftsman Cottage sitting HIGH ABOVE downtown Ellijay--Convenient
ONE LEVEL LIVING with STUNNING year-round Views-Open layout with
high ceiling, shiplap details and light pouring in through custom
windows and solid wood Dutch Doors. Take in the views from the
Master Suite with access to the Gracious Front Porch-Large Master
Bath with soothing soaking tub, walk-in closet, spacious tiled
shower-Roommate Floorplan providing privacy and a gorgeous Mountain
View from the second bedroom too. Choose to Enter from your Carport
into an inviting Mud Room complete with a convenient dog wash
station, bench seating, laundry, extra storage and custom
cabinetry, counter space and a Pantry with storage galore! The
interior is bright and airy with lovely details but you may find
that your favorite spot is basking in the mountain view from your
Front Porch-Located less than a mile from Downtown Ellijay,
shopping, dining, coffee shops, vineyards and outdoor adventures-in
a peaceful neighborhood. Come fall in love with this Must See
Mountain Cottage (no short term rentals allowed)
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$286
Property Type
House
Property Taxes
$50
HOA Dues
-
Year Built
2021
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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 #10265959)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | Listed by Mountain Sotheby's International Realty | $385,000 | |
| Listed by Mountain Sotheby's International Realty | |||
| | |||
|
Craftsman Cottage sitting HIGH ABOVE downtown Ellijay--Convenient ONE LEVEL LIVING with STUNNING year-round Views-Open layout with high ceiling, shiplap details and light pouring in through custom windows and solid wood Dutch Doors. Take in the views from the Master Suite with access to the Gracious Front Porch-Large Master Bath with soothing soaking tub, walk-in closet, spacious tiled shower-Roommate Floorplan providing privacy and a gorgeous Mountain View from the second bedroom too. Choose to Enter from your Carport into an inviting Mud Room complete with a convenient dog wash station, bench seating, laundry, extra storage and custom cabinetry, counter space and a Pantry with storage galore! The interior is bright and airy with lovely details but you may find that your favorite spot is basking in the mountain view from your Front Porch-Located less than a mile from Downtown Ellijay, shopping, dining, coffee shops, vineyards and outdoor adventures-in a peaceful neighborhood. Come fall in love with this Must See Mountain Cottage (no short term rentals allowed)
| |||
| Mar 2, 2024 | No longer available | - | |
| No longer available | |||
| Feb 24, 2024 | No longer available | - | |
| No longer available | |||
| Feb 15, 2024 | Listed by Berkshire Hathaway HomeServices Georgia Properties | $385,000 | |
| Listed by Berkshire Hathaway HomeServices Georgia Properties | |||
| | |||
|
Craftsman Cottage sitting HIGH ABOVE downtown Ellijay--Convenient ONE LEVEL LIVING with STUNNING year-round Views-Open layout with high ceiling, shiplap details and light pouring in through custom windows and solid wood Dutch Doors. Take in the views from the Master Suite with access to the Gracious Front Porch-Large Master Bath with soothing soaking tub, walk-in closet, spacious tiled shower-Roommate Floorplan providing privacy and a gorgeous Mountain View from the second bedroom too. Choose to Enter from your Carport into an inviting Mud Room complete with a convenient dog wash station, bench seating, laundry, extra storage and custom cabinetry, counter space and a Pantry with storage galore! The interior is bright and airy with lovely details but you may find that your favorite spot is basking in the mountain view from your Front Porch-Located less than a mile from Downtown Ellijay, shopping, dining, coffee shops, vineyards and outdoor adventures-in a peaceful neighborhood. Come fall in love with this Must See Mountain Cottage (no short term rentals allowed)
| |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Ellijay
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Listed by: Hill Janssen Group, Mountain Sotheby's Int'l. Rlty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10265959
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10265959
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.
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