Listing Courtesy of: Jessica Vash, Keller Williams Rlty, First Atlanta
$1,075,000
●
Land -
Off Market
3260 Hamby Road
Milton, GA 30004
Studio
2 Baths,
1
Half Bath
$1,099,816
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Pasture land, Walking trails, Secret Garden, and multiple sites for
your Dream Home. 8 stall barn with tack room steps from carriage
house, riding ring next to house. Run your horses, or fish in your
private 3.5 acre lake. Cambridge HS district is top rated. 8
minutes to Ga 400 enables you access to in town locations with
ease. This is the spot you have been waiting for - call for a tour
today. Can split the lot into 4 with City of Milton's Large Lot
incentive program.
Unit Size
-
Days on Market
-
Land Size
20.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$627
HOA Dues
-
Year Built
1935
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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 (FMLS #6698619)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2020 | Listed by Keller Williams Rlty, First Atlanta | $1,075,000 | |
| Listed by Keller Williams Rlty, First Atlanta | |||
| Nov 15, 2018 | No longer available | - | |
| No longer available | |||
| May 26, 2018 | Listed by KELLER WILLIAMS RLTY, FIRST ATLANTA | $1,249,990 | |
| Listed by KELLER WILLIAMS RLTY, FIRST ATLANTA | |||
| | |||
|
Pasture land, walking trails, secret garden, and multiple sites for your forever home. 8 stalls barn steps from carriage house, riding ring next to the house. Run your horses, or fish in your private 3.5 acre lake. Cambridge HS district is top rated. 8 minutes to GA 400 enables you access to in town locations with ease. This is the spot you have been waiting for - call for a tour today.
| |||
| May 7, 2018 | Listed by KELLER WILLIAMS RLTY, FIRST ATLANTA | $1,249,990 | |
| Listed by KELLER WILLIAMS RLTY, FIRST ATLANTA | |||
| | |||
|
Incredible 20+/- acre property in Milton with beautiful 3.5+/-acre lake, lots of pasture land, 8-stall barn, riding ring, cute little house that could be renovated for rental income. Great location within minutes of 400, excellent schools, beautiful private setting, walking trails on property & fish in lake. Milton will only allow property to be split into 2 lots max, but buyer would be responsible for getting subdivide approved.
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Bentgrass Farms
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Listed by: Jessica Vash, Keller Williams Rlty, First Atlanta
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6698619
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6698619
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