$365,000
●
House -
Off Market
3710 DOWNING Drive
Cumming, GA 30040
4 Beds
2 Baths,
1
Half Bath
$404,403
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
FANTASTIC 4 bed/ 2.5 bath home with a brand NEW ROOF in highly
sought after Old Towne Bethelview Swim & Tennis Community! This
2-story home features HARDWOOD floors throughout the main, a LARGE
OPEN KITCHEN with GRANITE countertops and tons of CABINETS,
overlooking the SPACIOUS family room, complete with gas FIREPLACE!
HUGE MASTER bedroom suite & spa w/GENEROUS CLOSET space and
double sink vanities. Sip your morning coffee on your ROCKING CHAIR
FRONT PORCH or enjoy your perfect FENCED BACKYARD - a great spot
for kids and your furry friend! This gem won't last long. In
the event of multiple offers all offers will be due Monday 10 a.m.
for review Monday afternoon.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$225
HOA Dues
$50
Year Built
2004
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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: 6 months ago (FMLS #6893297)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2023 | Sold | ||
| Sold | |||
| Apr 24, 2023 | Listed by Solid Source Realty, Inc. | $440,000 | |
| Listed by Solid Source Realty, Inc. | |||
| Jul 6, 2021 | Sold | ||
| Sold | |||
| Jun 2, 2021 | Listed by Solid Source Realty, Inc. | $349,900 | |
| Listed by Solid Source Realty, Inc. | |||
| Jul 30, 2017 | Listed | $255,000 | |
| Listed | |||
| | |||
|
Charming home nestled in an enclave-reminiscent of Charleston! Open, airy floor-plan with cook's kitchen opening to a fireside family room. Soaring entry foyer and adjacent living room. Delightful master bedroom with sitting room. Wonderful neighborhood convenient to shopping and 400!The manager has listed the unit size as 2084 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Forsyth
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Listed by: Leah Wheeler, Solid Source Realty, Inc.
Last Updated: 6 months ago
Data Source: FMLS, MLS# 6893297
Last Updated: 6 months ago
Data Source: FMLS, MLS# 6893297
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