$398,691
●
House -
For Sale
447 River Walk Farm Parkway
Covington, GA 30016
5 Beds
3 Baths
2,500 Ft²
Upcoming Open House
12PM - 4PM, Fri, Oct 30
-
Book now
$2,021
Est. Monthly
$63
HOA / Fees
About This Property
Stunning Hemingway Plan!!! Discover this stunning 5-bedroom,3
bath home in Covington's most sought-after community. River Walk
Farms FINAL PHASE of brand new homes. Step inside to an
open-concept layout filled with natural light.The spacious living
area flows seamlessly into a gourmet kitchen featuring stainless
steel appliances, granite counter-tops, and a large island-perfect
for entertaining!!! Relax in the luxurious primary suite, complete
with a walk in closet, spa-like en-suite featuring garden tub, LED
Mirror Lights, 4 additional bedrooms offer plenty of space for
family. River Walk Farms offers incredible amenities,
including a clubhouse, pool, tennis courts, basketball courts,
soccer fields, fishing ponds, and more outdoor features.
Conveniently located near top rated schools, parks and shopping.
Please visit the model home!
Unit Size
2,500 Ft²
Days on Market
69 days
Land Size
0.23 acres
Price per sqft
$159
Property Type
House
Property Taxes
$0
HOA Dues
$63
Year Built
-
Listed By
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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: 5 days ago (GAMLS #10831371)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2026 | Listed by DFH Realty Georgia | $398,691 | |
| Listed by DFH Realty Georgia | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Attached, Garage
Interior Details
Full Bathrooms: 3
Interior Features: Double Vanity, High Ceilings, Soaking Tub, Walk-In Closet(s), Pulldown Attic Stairs, Separate Shower
Appliances: Cooktop, Dishwasher, Double Oven, Microwave
Flooring Type: Carpet, Vinyl
Laundry Features: In Hall
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: None
Exterior Details
Square Footage: 2500
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: New Construction
Architectural Style: Brick Front
Year Built: 2025
Levels: Two
Window Features: Double Pane Windows, Window Treatments
Construction Materials: Brick, Wood Siding
Patio and Porch Features: Porch
Lot Features: Level, Open Lot
Lot Size Area: 10018.8
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10018.8
Water Source: Public
Financial Details
Tax Annual Amount: $1
Utilities Details
Cooling Type: Ceiling Fan(s), Electric, Heat Pump, Zoned
Heating Type: Central, Electric, Heat Pump, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Swimming, Tennis
HOA Fee: $750
HOA Fee Frequency: Annually
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: Samuel Bass, DFH Realty Georgia
Last Updated: 5 days ago
Data Source: GAMLS, MLS# 10831371
Last Updated: 5 days ago
Data Source: GAMLS, MLS# 10831371
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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.
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