$375,000
●
House -
Off Market
430 Oak Terrace Drive
Covington, GA 30016
5 Beds
3 Baths
3,144 Ft²
$368,311
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
100% Financing is Available, 5 bedrooms, 3 baths, 3,144 sq ft, a
NEW ROOF, and a large fenced backyard. A well-designed floor plan
features a warm, welcoming interior and comes complete with a
separate dining room, first-floor bedroom, and a flow-through
living area. Enjoy the sleek finishes in this well-equipped kitchen
that has been well-maintained and features granite countertops.
Head outside to the good-sized backyard, which features a screened
porch and lush lawn. The perfect location for outdoor fun. Ideally
located in a quiet part of Newton County. You'll soon discover why
this neighborhood is much beloved by its community. Easy access to
highly regarded public and private schools. A rare opportunity.
Unit Size
3,144 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$115
Property Type
House
Property Taxes
$229
HOA Dues
$25
Year Built
2007
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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 #20050976)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 27, 2022 | Sold | ||
| Sold | |||
| Jun 15, 2022 | Listed by Keller Williams Realty Cityside | $360,000 | |
| Listed by Keller Williams Realty Cityside | |||
| | |||
|
100% Financing is Available, 5 bedrooms, 3 baths, 3,144 sq ft, a NEW ROOF, and a large fenced backyard. A well-designed floor plan features a warm, welcoming interior and comes complete with a separate dining room, first-floor bedroom, and a flow-through living area. Enjoy the sleek finishes in this well-equipped kitchen that has been well-maintained and features granite countertops. Head outside to the good-sized backyard, which features a screened porch and lush lawn. The perfect location for outdoor fun. Ideally located in a quiet part of Newton County. You'll soon discover why this neighborhood is much beloved by its community. Easy access to highly regarded public and private schools. A rare opportunity.
| |||
| Jun 4, 2007 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Newton
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Listed by: Virgil Blades, Keller Williams Rlty Cityside
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20050976
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20050976
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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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