$539,000
●
House -
Off Market
403 Licklog Road
Ellijay, GA 30536
3 Beds
3 Baths
1,710 Ft²
$529,087
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
This beautiful Cabin on the Cartecay River will have you never
wanting to leave. The cabin offers privacy with each bedroom and
bath on separate floors. Each level offers its own deck/patio so
you can truly experience indoor outdoor living. The outdoor
experience you will have is priceless the water is a steady calm
stream with a wonderful depth so the kids can play in the water
while the adults fish or sit by the fire pit. There is a wonderful
size bank for easy access in and out if the beautiful river or if
you want to simply sit on the bank and enjoy nature next to the
water. This property is truly a piece of heaven you will want to
have. Just a few miles away from all that Ellijay has to offer
winerys, apple treats, falls, shopping, hiking, and more. Buy this
property as a first or second home for your family or for an income
property. you will certainly be happy you did
Unit Size
1,710 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$307
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1999
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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 #20037319)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 4, 2024 | No longer available | - | |
| No longer available | |||
| Oct 17, 2023 | Price Decreased |
$705,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Sep 18, 2023 | Listed by Better Homes and Gardens Real Estate Metro Brokers | $724,629 | |
| Listed by Better Homes and Gardens Real Estate Metro Brokers | |||
| | |||
|
Escape to your dream retreat on the Cartecay River, where nature's symphony serenades you year-round. This rustic cabin-style property offers 3 bedrooms, 3 bathrooms, and enchanting features. With fresh stain and an updated master bath, it's move-in and rental ready. Furnished and turnkey, this home is perfect for Airbnb rentals. The owner has done the hard work and now its ready for ongoing Airbnb action. Hear the rushing waters as you fish, tube, or kayak from your own backyard. The three-level deck provides idyllic views of the river. A mix of wood and stone exteriors, wood and tile floors, and an eat-in kitchen exude rustic charm. Find peace and privacy in this tranquil haven, inviting you to live the riverside lifestyle you've always desired. See for Yourself ! Active Short Term Rental. The manager has listed the unit size as 1710 square feet.
| |||
| Jun 8, 2023 | Listed by BHGRE METRO BROKERS | $724,629 | |
| Listed by BHGRE METRO BROKERS | |||
| | |||
|
Escape to your dream retreat on the Cartecay River, where nature's symphony serenades you year-round. This rustic cabin-style property offers 3 bedrooms, 3 bathrooms, and enchanting features. With fresh stain and an updated master bath, it's move-in and rental ready. Furnished and turnkey, this home is perfect for Airbnb rentals. The owner has done the hard work and now its ready for ongoing Airbnb action. Hear the rushing waters as you fish, tube, or kayak from your own backyard. The three-level deck provides idyllic views of the river. A mix of wood and stone exteriors, wood and tile floors, and an eat-in kitchen exude rustic charm. Find peace and privacy in this tranquil haven, inviting you to live the riverside lifestyle you've always desired. See for Yourself ! Active Short Term Rental.
| |||
| Jun 2, 2022 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Gilmer
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Listed by: Jennifer Shelton, Southern Classic Realtors
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20037319
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20037319
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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