$577,565
●
House -
Off Market
405 Genesee Point
Newnan, GA 30263
4 Beds
4 Baths,
1
Half Bath
3,005 Ft²
$586,109
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Americana ranch floorplan home with 3-bedroom, 2.5 bathroom!
Located in Genesee, a community with plenty amenities such as a
playground, pool, and cabana. Shopping and dining abound in nearby
historic downtown Newnan, GA, and Atlanta is a quick drive up I-85.
Home features a gourmet kitchen with double ovens, brellin colada
cabinets, white granite countertops, and large island that
overlooks the family room with fireplace. Separate, large formal
dining room. Two spacious bedrooms on main with Jack & Jill dual
vanities. Primary bedroom with dual vanities and tray ceilings. 3
car garage with side entry! On 1-acre lot with irrigation system
included. Photos for illustration purposes only- not real home.
Unit Size
3,005 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$194
Property Type
House
Property Taxes
$0
HOA Dues
$63
Year Built
-
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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 #10134217)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2023 | Sold | ||
| Sold | |||
| Feb 24, 2023 | Listed by D.R. Horton Realty of Georgia | $581,600 | |
| Listed by D.R. Horton Realty of Georgia | |||
| | |||
|
Americana ranch floorplan home with 3-bedroom, 2.5 bathroom! Located in Genesee, a community with plenty amenities such as a playground, pool, and cabana. Shopping and dining abound in nearby historic downtown Newnan, GA, and Atlanta is a quick drive up I-85. Home features a gourmet kitchen with double ovens, brellin colada cabinets, white granite countertops, and large island that overlooks the family room with fireplace. Separate, large formal dining room. Two spacious bedrooms on main with Jack & Jill dual vanities. Primary bedroom with dual vanities and tray ceilings. 3 car garage with side entry! On 1-acre lot with irrigation system included. Photos for illustration purposes only- not real home.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Coweta
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Currently no similar homes aroundNearby Rentals
Listed by: Cameel Shannon, D.R. Horton Realty of Georgia
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10134217
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10134217
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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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