$74,900
↓ $3K (3.9%)
●
House -
For Sale
4040 Rauls Street
Meigs, GA 31765
3 Beds
2 Baths
1,728 Ft²
$470
Est. Monthly
31.55%
Cap Rate
About This Property
Welcome to this 3-bedroom 2-bath home offering approximately 1,728
square feet of living space on a 0.28-acre lot. Built in 1970, this
one-story brick home features a functional layout with spacious
living areas and covered carport. Located in the heart of Meigs,
the property offers access to US Highway 19 for commuting to
Thomasville, Pelham, and Moultrie. Nearby amenities include local
dining and shopping.
Unit Size
1,728 Ft²
Days on Market
110 days
Land Size
0.28 acres
Price per sqft
$43
Property Type
House
Property Taxes
$102
HOA Dues
-
Year Built
1970
Listed By
Christopher Lawrence
Trillionaire Realty
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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 days ago (GAMLS #10804716)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2026 | Price Decreased |
$74,900
↓ $3K
(3.9%) | |
| Price Decreased | |||
| Sep 28, 2026 | Price Decreased |
$77,900
↓ $5K
(6%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$82,900
↓ $17K
(17%) | |
| Price Decreased | |||
| Jul 13, 2026 | Listed by Lawrence Realty Group Georgia | $99,900 | |
| Listed by Lawrence Realty Group Georgia | |||
| Dec 18, 2025 | Listed | $1 | |
| Listed | |||
| | |||
|
The list price is not indicative of seller's final reserve amount. This property is now active in an online auction. All offers must be submitted through the property's listing page on www.auction.com. The sale is subject to a 5% buyer's premium pursuant to the Auction Terms and Conditions (minimums may apply). Online bidding begins Dec 21, 2025 7:00 AM - Dec 23, 2025 CST. Inspections and contact with occupants are strictly prohibited. Property is sold "as is." No for sale sign allowed.
| |||
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Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Has Carport
Parking Features: Attached, Carport
Interior Details
Full Bathrooms: 2
Interior Features: Other
Appliances: Cooktop, Oven (Wall)
Flooring Type: Hardwood, Vinyl
Laundry Features: Other
Has Fireplace
Fireplaces: 1
Basement: None
Exterior Details
Square Footage: 1728
Square Footage Source: $0
Property Condition: Resale
Architectural Style: Traditional
Year Built: 1970
Levels: One
Construction Materials: Brick
Patio and Porch Features: Patio, Porch
Lot Features: Level
Lot Size Area: 12196.8
Lot Size Units: Square Feet
Lot Size Acres: 0.28
Lot Size Square Feet: 12196.8
Water Source: Public
Financial Details
Tax Annual Amount: $1,223
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Floor Furnace
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None
HOA Fee Frequency: Annually
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 Meigs
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Christopher Lawrence, Lawrence Realty Group Georgia
Last Updated: 3 days ago
Data Source: GAMLS, MLS# 10804716
Last Updated: 3 days ago
Data Source: GAMLS, MLS# 10804716
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.
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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