3116 Lakepoint Circle
About This Property
This thoughtfully designed home features 3 bedrooms and 2 full bathrooms on the main level, highlighted by a gorgeous vaulted-ceiling sunroom that floods the space with natural light and invites you to enjoy the beauty of the outdoors from the comfort of your home. The spacious kitchen is a chef's dream, offering an abundance of cabinetry with custom pullouts and organizational upgrades, a large island with bar seating, an upgraded chef's gas stove with multiple burners, a vent hood, and the refrigerator is included. The large dining area with elegant coffered ceilings and the expansive family room, centered by a cozy gas fireplace and accented with rich wood-beamed ceilings, create the perfect setting for family gatherings and entertaining.
The owner's suite is a peaceful retreat with double vanities, a jetted garden tub, a walk-in closet, and a convenient laundry chute. Step outside to the expansive back deck-ideal for entertaining-as you overlook your park-like fenced backyard, complete with a charming gazebo and firepit area. Whether you're hosting a summer barbecue or enjoying quiet evenings under the stars, this outdoor space is designed for relaxation and fun.
The fully finished basement offers even more living space with two additional bedrooms, a full bathroom, a wet bar, a cozy family room with an electric fireplace, and a huge laundry room with ample storage. The possibilities are endless-use this space for guests, multi-generational living, a home business, or entertainment.
Car enthusiasts and hobbyists will love the detached garage, offering ample storage, a workshop area, and potential to create additional living space or workspace for a business. There's even room on the property for a pool or a second home-whatever your heart desires.
Enjoy the convenience of walking to Lake Allatoona or the nearby community boat ramp, perfect for spontaneous days on the water. Located in sought-after Cherokee County with top-rated schools, lower taxes, and available senior tax exemptions, this home offers the perfect blend of privacy, natural beauty, and freedom from HOA restrictions.
If you're looking for a home where you can embrace the outdoors, enjoy space and privacy, and live life on your own terms-this is it! Don't miss this rare opportunity to own a one-of-a-kind property in a tranquil, wooded setting just moments from the lake.
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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 |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| May 14, 2025 | In contract | - | |
| In contract | |||
| May 9, 2025 | Listed by Keller Williams Realty Signature Partners | $425,000 | |
| Listed by Keller Williams Realty Signature Partners | |||
| Aug 31, 2020 | Sold | ||
| Sold | |||
| Aug 9, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017