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Forsyth 30040
4090 Martel Drive
$735,000
● House - Off Market

4090 Martel Drive

Cumming, GA 30040
bedrooms
6 Beds
bathrooms
5 Baths
$808,427
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Location Location!!! Enjoy this elegant modern Home with 6 beds 5 baths, Designed for simplified luxurious living & entertaining. The open, airy living spaces are relaxed, refined, & drenched in natural light. Open concept kitchen offers custom cabinets, large island overlooks living area w gas fireplace, 4 bedrooms upstairs with 3 full baths, master closet offer custom shelving and drawers with chandelier in addition other closets with custom build shelves.Fully finished basement with bedroom and full bath, Covered front porch, large back deck, Fenced backyard with hot tub, new paint, on sewer, Too Much to List! Must See!
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$112
HOA Dues
$83
Year Built
2012

Payment Calculator

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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: 3 years ago (GAMLS #9056174)

Price History

Date / Event Date Event Price
Nov 2, 2021 Sold
Premium
Sold
Sep 24, 2021 Listed by Keller Williams Community Ptnr $725,000
Listed by Keller Williams Community Ptnr
Mar 22, 2013 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,680
  • Garage Type: 10
  • Garage Square Area: 712
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 3,760
  • Building Area: 3,760
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 3,760
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARSEILLE
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 3-1 1074 LT 92 UN 1 MARSEILLE

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130305

Zoning

  • Zoning: RES3

Geography

  • Account Number: 0000159214
  • Parcel: 032 526
  • Lot: 92
  • Municipality: COUNTY
  • Latitude: 34.2294
  • Longitude: -84.2313

    Address

  • Full Address: 4090 Martel Dr
  • Address - House Number: 4090
  • Address - Street Name: Martel
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Cumming
  • Carrier Code: R103
  • 4-Digit Zip Code: 3208
  • Zip Code: 30040

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $723,536
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1503
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 835,834
  • High Value: 961,510
  • Low Value: 710,158

    Market Valuation

  • Market Total Value: $830,360
  • Market Land Value: $130,000
  • Market Improvement Value: $700,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,144
  • Assessed Land Value: $52,000
  • Assessed Improvements Value: $280,144

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 49
  • Current Sale Input Document Number: 2021-014165
  • Previous Sale Recording Date: Jan 01, 2014
  • Previous Sale Contract Date: Jan 01, 2014
  • 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 Forsyth

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$223

Below Asking

0.02%

Average Days on Market

75

Average Home Size

3013 ft²

Average Home Age

16 years

Currently For Sale

1439 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 5045 Reserve Drive, Cumming, GA, 30040

$4,400 /mo

  • 5 Beds
  • 4 Baths
  • 3,206 ft²
5045 Reserve Drive, Cumming, GA, 30040

Rentals Near You

Click here to view more rentals in the neighborhood.
GAMLS

Listed by: North Georgia Group, Keller Williams Community Ptnr
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 9056174
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 4090 Martel Drive built and last sold?
The property at 4090 Martel Drive was built in 2012 and last sold on Nov 2, 2021 for $735,000.
How much is this home worth?
The estimated value of the home located at 4090 Martel Drive is $0.
What are some comparable homes to 4090 Martel Drive?
There are currently no comparable homes to 4090 Martel Drive.
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