$190,000
●
House -
Off Market
3139 Robinson Place
Gainesville, GA 30504
1 Bed
2 Baths,
1
Half Bath
994 Ft²
$1,057
Est. Monthly
11.37%
Cap Rate
About This Property
Walk to UNG campus from this Oakwood home at the end of a dead end
street. Property goes from street to street (Robinson to
Meadow Court) and is comprised of three tax parcels. In
addition to a guest house that is connected to a workshop area,
there is also a large detached garage/shop building. Fronting
on Meadow Court is a 3 bedroom/1 bath mobile home. Please
note that the electricity for the guest house comes from the house,
while the water for guest house connects to mobile home's water
meter. Note there is no connection to power currently in the
mobile home, nor does seller intend to connect the utilities there
as no value is being placed on the mobile home. No
disclosures, as is; seller discloses that the water heater at the
house is leaking.
Unit Size
994 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$200
Property Type
House
Property Taxes
$80
HOA Dues
-
Year Built
1960
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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 #10266404)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | Listed by The Norton Agency | $199,000 | |
| Listed by The Norton Agency | |||
| | |||
|
Walk to UNG campus from this Oakwood home at the end of a dead end street. Property goes from street to street (Robinson to Meadow Court) and is comprised of three tax parcels. In addition to a guest house that is connected to a workshop area, there is also a large detached garage/shop building. Fronting on Meadow Court is a 3 bedroom/1 bath mobile home. Please note that the electricity for the guest house comes from the house, while the water for guest house connects to mobile home's water meter. Note there is no connection to power currently in the mobile home, nor does seller intend to connect the utilities there as no value is being placed on the mobile home. No disclosures, as is; seller discloses that the water heater at the house is leaking.
| |||
Property Highlights
Garage
Air Conditioning
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 Hall
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Listed by: Kim Waters, The Norton Agency
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10266404
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10266404
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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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