405 Sable Trace Cove
About This Property
As you explore the exterior, you will be captivated by the charming allure of a pristine white picket fence. This classic feature not only enhances the aesthetic appeal of the home but also serves to create a sense of warmth and security, inviting you to step inside and experience what lies beyond. This enchanting detail harks back to the nostalgia of quintessential Americana and enhances the overall curb appeal, making it a standout amongst contemporary aesthetics.
Outside, you can enjoy the sights and sounds of nature by sitting on your front porch watching the kids play in the yard or cul-de-sac or just enjoying a glass of your favorite beverage while you rock or swing. On the back deck, you can watch the deer in the woods, or you may even hear the creek at the edge of the property after a heavy rain.
Inside, there is plenty of room for everyone with 4 bedrooms and 2 full bathrooms upstairs with brand new carpet. The house has a fresh coat of new paint, inside and out. The hardwood floors throughout the main level have been refinished. A new water heater and new LVP flooring have been installed in the basement. In the kitchen, all the appliances are approx. 6 months old (dishwasher, electric range, disposal). All new smoke/carbon monoxide detectors to keep everyone safe. And, of course, the bonus 5th bedroom in the basement with a walk-on closet and its own full bathroom just adds so much potential and opportunity.
Located in the desirable Sable Trace neighborhood where the pride of home ownership shows, you will be surprised to find out that there are NO HOA fees. This neighborhood is located right down the road from Lake Allatoona and has easy access to Downtown Acworth, Downtown Woodstock, I75 or 575 and is in top rated schools.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| May 16, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Relisted | $440,000 | |
| Relisted | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017