$415,000
●
House -
Off Market
3161 Cranberry Lane
Buford, GA 30519
3 Beds
2 Baths
2,406 Ft²
$2,139
Est. Monthly
$18
HOA / Fees
6.36%
Cap Rate
About This Property
Charming, cul-de-sac lot ranch in a fantastic location with a large
backyard! Perfect for first time homebuyers, those needing to
downsize, or investors in a NO rental restrictions community! Step
foot into the airy living room with vaulted ceilings, where
gathering and entertaining are enhanced by the additional sitting
room lined with windows, spacious kitchen, breakfast nook and
formal dining room with hardwood floors. Relax outdoors in the
enclosed, screened in porch! Garden or watch pets and children play
in the large and private backyard! Size-able primary suite with
walk-in closet. Great, secondary bedrooms with beautiful, natural
light, one of which is accented with bay windows, plus a bonus room
above the garage, perfect for teenagers or a variety of
recreational use. Conveniently located near a multitude of retail,
dining and other conveniences with easy access to I-85 and under 10
min from the Mall of Georgia and Gwinnett Exchange areas!
Unit Size
2,406 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$172
Property Type
House
Property Taxes
$82
HOA Dues
$18
Year Built
2003
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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 #10266226)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by Keller Williams Realty Atlanta Partners | $415,000 | |
| Listed by Keller Williams Realty Atlanta Partners | |||
| | |||
|
Charming, cul-de-sac lot ranch in a fantastic location with a large backyard! Perfect for first time homebuyers, those needing to downsize, or investors in a NO rental restrictions community! Step foot into the airy living room with vaulted ceilings, where gathering and entertaining are enhanced by the additional sitting room lined with windows, spacious kitchen, breakfast nook and formal dining room with hardwood floors. Relax outdoors in the enclosed, screened in porch! Garden or watch pets and children play in the large and private backyard! Size-able primary suite with walk-in closet. Great, secondary bedrooms with beautiful, natural light, one of which is accented with bay windows, plus a bonus room above the garage, perfect for teenagers or a variety of recreational use. Conveniently located near a multitude of retail, dining and other conveniences with easy access to I-85 and under 10 min from the Mall of Georgia and Gwinnett Exchange areas!
| |||
| Feb 1, 2006 | Sold | ||
| Sold | |||
| Jan 20, 2004 | Sold | ||
| Sold | |||
Property Highlights
Garage
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 Gwinnett
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Listed by: Sandy Baker, Keller Williams Rlty Atl. Part
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10266226
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10266226
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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.
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