$325,000
●
House -
Off Market
328 Pine Circle
Monroe, GA 30655
3 Beds
3 Baths,
1
Half Bath
2,361 Ft²
$1,942
Est. Monthly
6.72%
Cap Rate
About This Property
PRICE REDUCTION Downtown Living- NEW ARCHITECTURAL SHINGLE ROOF
Ready for a Renovation Lovely traditional ranch w/ 3 bedrooms, 2
1/2 baths. Home has lg. living room with fireplace, dining room
that seats 12 w/ build in storage. The huge great room has a
massive fireplace surrounded by bookshelves and cabinets. This room
leads to covered patio through french doors. There are hardwood
floors throughout home w/ exception of dining room. The hall bath
and bath off the owners suit are tile. Unbelievable amount of
built-in storage throughout. Previous owners had the property
professionally landscaped w/ lovely blooming shrubs, Japanese
Maples, and dogwoods.--ALL THIS SITUATED ON 1.14 ACRES ! HOUSE IS
BEING SOLD AS IS.
Unit Size
2,361 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$159
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
1955
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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 #10295174)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by Malcom and Malcom Realty Prof, LLC. | $375,000 | |
| Listed by Malcom and Malcom Realty Prof, LLC. | |||
| | |||
|
PRICE REDUCTION Downtown Living- Ready for a Renovation Lovely traditional ranch w/ 3 bedrooms, 2 1/2 baths. Home has lg. living room with fireplace, dining room that seats 12 w/ build in storage. The huge great room has a massive fireplace surrounded by bookshelves and cabinets. This room leads to covered patio thur french doors. There are hardwood floors throughout home w/ exception of dining room. The hall bath and bath off the owners suit are tile. Unbelievable amount of built-in storage throughout. Previous owners had the property professionally landscaped w/ lovely blooming shrubs, Japanese Maples, and dogwoods.--There is an Extra Lot Included in the price!! HOUSE IS SOLD AS IS.
| |||
| Mar 21, 2024 | Listed by Malcom & Malcom Realty Prof. | $375,000 | |
| Listed by Malcom & Malcom Realty Prof. | |||
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 Monroe
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Listed by: Lee Malcom, Malcom & Malcom Realty Prof.
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10295174
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10295174
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.
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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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