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Monroe 31029
315 Crescent Drive
$85,000
● Land - Off Market

315 Crescent Drive

Forsyth, GA 31029
bedrooms
Studio
bathrooms
0 Bath
$534
Est. Monthly
8.37%
Cap Rate

About This Property

2.03 beautiful acres perfect for building your dream home in the prestigious River Forest Subdivision. This level and wooded lot is located just north of Forsyth Georgia. River Forest is a gated golf community that will give you all of the peace, security, and convivence that Monroe County has to offer.
Unit Size
-
Days on Market
-
Land Size
2.03 acres
Price per sqft
-
Property Type
Land
Property Taxes
$67
HOA Dues
-
Year Built
-

Payment Calculator

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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 #10329736)

Price History

Date / Event Date Event Price
Aug 7, 2024 Sold
Premium
Sold
Jun 30, 2024 Listed by Realty Unlimited, LLC $95,000
Listed by Realty Unlimited, LLC
May 9, 2022 Sold
Premium
Sold
Jul 22, 2021 Sold
Premium
Sold
Aug 12, 2005 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 88,427
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: RIVER FOREST
  • Land Acres: 0000002030
  • Standard Land Use Code: 8001
  • County Land Use Code: R3
  • Legal Description 1: LL 198,221 LD 4 LOT M78 RIVER FOREST SEC

Neighborhood

  • School District Name: Monroe County School District
  • School Tax School District: COUNTY
  • Census Tract: 050101

Geography

  • Assessors Map Reference: 27 113
  • Account Number: 14327
  • District: 4
  • Parcel: 026M-078
  • Lot: 198,221
  • Municipality: UNINCORPORATED
  • Latitude: 33.1373
  • Longitude: -84.0023

    Address

  • Full Address: 315 Crescent Dr
  • Address - House Number: 315
  • Address - Street Name: Crescent
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Forsyth
  • Carrier Code: R006
  • 4-Digit Zip Code: 5468
  • Zip Code: 31029

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $79,005
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 01

    Market Valuation

  • Market Total Value: $71,000
  • Market Land Value: $71,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,400
  • Assessed Land Value: $28,400

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-000824
  • Previous Sale Recording Date: Jul 22, 2021
  • Previous Sale Contract Date: Jul 22, 2021
  • Previous Sale Amount: $45,000
  • 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 Monroe

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$174

Below Asking

0.02%

Average Days on Market

90

Average Home Size

2740 ft²

Average Home Age

23.7 years

Currently For Sale

128 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: Brent Moye, Realty Unlimited, LLC
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10329736
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 315 Crescent Drive built and last sold?
The property at 315 Crescent Drive was built in and last sold on May 6, 2022 for $70,000.
How much is this home worth?
The estimated value of the home located at 315 Crescent Drive is $0.
What are some comparable homes to 315 Crescent Drive?
There are currently no comparable homes to 315 Crescent Drive.
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