Listing Courtesy of: Ashley Delcambre, Coldwell Banker Realty
$535,000
●
House -
Off Market
3882 MORGANS RIDGE Drive
Buford, GA 30519
4 Beds
4 Baths,
1
Half Bath
3,040 Ft²
$3,208
Est. Monthly
$17
HOA / Fees
4.34%
Cap Rate
About This Property
UNIQUE OPPORTUNITY to purchase this beautiful and well-maintained 4
BR/3.5 BA home BELOW RECENT APPRAISED VALUE! Located on a spacious
1+ acre CORNER LOT and situated within the HIGHLY-SOUGHT AFTER
SECKINGER HS district – this home has it all, including NEW WINDOWS
throughout...a $25,000 upgrade! Primary suite on the main level with
an adjoining office offers a great space for remote work or flex
space! The kitchen features gorgeous quartz countertops,
subway-tiled backsplash and stainless-steel appliances – great for
cooking and entertaining. Home boasts a versatile BONUS ROOM/4th
bedroom/guest suite...complete with its own FULL bathroom! The
upstairs secondary bedrooms are conveniently connected by a
Dual-Entry bathroom, each offering generous each own oversized
vanity, and sharing the tub/shower combination with glass door. The
home also features 3-CAR side-entry garage with a workshop, covered
porches, large fenced-in backyard, with an additional un-fenced
side yard. Close to commuter routes and shopping, this home offers
the ideal combination of an amazing floor plan, space, and
LOCATION!
Unit Size
3,040 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$180
Property Type
House
Property Taxes
$505
HOA Dues
$17
Year Built
1999
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Cap Rate Calculator
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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: 2 years ago (FMLS #7461325)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Price Increased |
$546,999
↑ $82K
(17.7%) | |
| Price Increased | |||
| Oct 18, 2024 | Relisted | $464,900 | |
| Relisted | |||
| Oct 12, 2024 | In contract | - | |
| In contract | |||
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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
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: Ashley Delcambre, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: FMLS, MLS# 7461325
Last Updated: 2 years ago
Data Source: FMLS, MLS# 7461325
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