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Commerce 30529
40 Wesley Way
$332,990
● House - Off Market

40 Wesley Way

Commerce, GA 30529
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,665 Ft²
$1,647
Est. Monthly
8.25%
Cap Rate

About This Property

NEW CONSTRUCTION WITH BASEMENT READY FOR MOVE IN! Welcome home to this adorable 4 bedroom X 2.5 bathroom on a SPACIOUS unfinished basement! This home is well on it's way to be a stunner with the large open floor plan, granite countertops, and stainless steel appliances (no fridge)! Not to mention a SPACIOUS unfinished basement for more storage or with the great bones for expanding! Don't miss out on this beauty! Furnished photos are virtually staged!
Unit Size
1,665 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$200
Property Type
House
Property Taxes
$11
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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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: 2 years ago (GAMLS #10305155)

Price History

Date / Event Date Event Price
Nov 15, 2024 Sold
Premium
Sold
Oct 23, 2024 In contract -
In contract
Oct 17, 2024 Price Decreased $332,990
↓ $1K (0.3%)
Price Decreased
Sep 20, 2024 Price Decreased $333,990
↓ $1K (0.3%)
Price Decreased
Sep 7, 2024 Price Decreased $334,990
↓ $1K (0.3%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: ANTRIM GLEN
  • Land Acres: 0000000410
  • Standard Land Use Code: 8001
  • County Land Use Code: R3
  • Legal Description 1: LOT 18 DEER CREEK S/D

Neighborhood

  • School District Name: Commerce City School District
  • School Tax School District: COMMERCE
  • Census Tract: 010300

Zoning

  • Zoning: R2

Geography

  • Account Number: 20871
  • Parcel: C06A 018
  • Lot: 18
  • Municipality: COMMERCE
  • Latitude: 34.209
  • Longitude: -83.4565

    Address

  • Full Address: 40 Wesley Way
  • Address - House Number: 40
  • Address - Street Name: Wesley
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Commerce
  • Carrier Code: C001
  • 4-Digit Zip Code: 1561
  • Zip Code: 30529

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,435
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 2

    Market Valuation

  • Market Total Value: $10,500
  • Market Land Value: $10,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,200
  • Assessed Land Value: $4,200

    Sales

  • Current Sale Contract Date: May 05, 2023
  • Current Sale Recording Date: May 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-001806
  • Previous Sale Recording Date: Feb 14, 2020
  • Previous Sale Contract Date: Feb 14, 2020
  • Previous Sale Amount: $10,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Commerce

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$179

Below Asking

0.03%

Average Days on Market

78

Average Home Size

1728 ft²

Average Home Age

31.3 years

Currently For Sale

53 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 647 Skye Drive, Commerce, GA, 30529

$2,300 /mo

  • 4 Beds
  • 2 Baths
647 Skye Drive, Commerce, GA, 30529 Listing by Shawn Kim

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: Ellen West, RAC Properties of Athens, Inc.
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10305155
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.
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.

Frequently Asked Questions

When was property at 40 Wesley Way built and last sold?
The property at 40 Wesley Way was built in and last sold on May 5, 2023 for $45,000.
How much is this home worth?
The estimated value of the home located at 40 Wesley Way is $352,740.
What are some comparable homes to 40 Wesley Way?
There are currently no comparable homes to 40 Wesley Way.
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