$270,143
●
House -
Off Market
39 Echo Road
Morganton, GA 30560
2 Beds
3 Baths,
1
Half Bath
2,700 Ft²
$415,256
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Enjoy your very own Private Mountain Oasis. Paved Roads. Covered
Parking Lots of space for entertaining. Exterior boast 2 wrap
around decks screened upper and covered lower. EXTRA LARGE Private
deck off upper Master Suite. You will love having a place for
family to gather or use as a Vacation Rental investment property.
The Interior has an open floor plan with a Master bedroom, Bath,
Half Bath and Laundry room on the Main.. Open to living room with
wall of windows for your viewing pleasure Get ready to watch the
leaves change for fall. Loft has versatile space with 2nd Master
bedroom. Terrace level unfinished w/ Lots of potential space for
guests.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
1.61 acres
Price per sqft
$106
Property Type
House
Property Taxes
$114
HOA Dues
-
Year Built
2001
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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 #6580501)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 2, 2022 | Sold | ||
| Sold | |||
| Nov 8, 2022 | No longer available | - | |
| No longer available | |||
| Nov 2, 2022 | Price Decreased |
$595,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Oct 22, 2022 | Price Increased |
$624,900
↑ $30K
(5%) | |
| Price Increased | |||
| Oct 18, 2022 | Listed by RE/MAX Town & Country | $595,000 | |
| Listed by RE/MAX Town & Country | |||
| | |||
|
Meticulously maintained 3/3.5 cabin located in the sought after My Mountain Community! Gorgeous mtn views w/ a nestled in, private feel. Open concept living w/ a large great room, gas log stone fireplace, updated kitchen w/granite countertops, breakfast bar, pantry & 1/2 bath. Large primary on main features an ensuite bath w/shower, laundry, walk in closet & French doors that lead to a screened porch. Travel upstairs to find an oversized loft perfect for an office, additional sleeping or gathering area. Spacious bedroom w/ensuite bathroom, jetted tub, separate shower & private covered balcony to take in the beautiful vistas. Full finished basement features great room/game room, bar, additional bedroom, full bath, storage area & access to basement garage. AMAZING outdoor living space w/ a HUGE screened in porch. Circular drive, car port & paved access.
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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 Fannin
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Listed by: The Davenport Group, KELLER WILLIAMS REALTY PARTNERS
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6580501
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6580501
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