45 Hemlock Court
About This Property
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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 |
|---|---|---|---|
| Sep 6, 2026 | Price Decreased |
$850,000
↓ $45K
(5%) | |
| Price Decreased | |||
| Aug 27, 2026 | Listed by Ansley Real Estate | $895,000 | |
| Listed by Ansley Real Estate | |||
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Welcome to this immaculately crafted traditional concrete board & brick 4bd/3ba home in the gated Mountain Creek Hollow community, just minutes from downtown Ellijay. Featuring a new 50-year-shingle roof and freshly painted exterior, this residence offers comfortable main-level living with a fully finished terrace level, elegant tray ceilings in primary, a dedicated office space for remote work from home families, and a large attic for storage. The spacious kitchen includes abundant cabinetry, Corian counters, upgraded stainless appliances, and a gas stove w vent hood-flowing into a formal dining room. A stunning see-through fireplace connects the living area and kitchen, creating a warm, versatile year-round space. The oversized primary suite features beautiful hardwood floors, a spa-inspired bath w huge tiled walk-in shower, and handicap-accessible modifications. Too many extras to list. The finished terrace level adds bedrooms, a game room, huge theater w tiered comfy seating, workshop, and basement garage. Enjoy wildlife while having morning coffee on main-level screened porch, or step out to the connecting open deck with gas grill. Some furnishings remain for easier move-in. Residents enjoy gated security, a covered bridge overlooking a babbling creek,scenic waterfalls, meticulous landscaping, walking trails, creek access, and a community pond. The local school district ranks among the higher-performing in Georgia. Ideally located near Ellijay's apple orchards, wineries, shopping, dining, Carters Lake, hiking,& mountain biking. Perfect full-time home, retirement retreat, or mountain getaway-this move-in-ready residence delivers space, quality, and lifestyle. No STR's allowed. Schedule your showing today this home is ready for you to bring the popcorn to enjoy family time. This home is ready to make memories in. So private yet conveniently located. Neighborhood is story book & the entrance is always professionally maintained w gorgeous flowers and plants.
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| Aug 18, 2026 | Price Decreased |
$895,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Jul 24, 2026 | Listed by Ansley RE|Christie's Int'l RE | $915,000 | |
| Listed by Ansley RE|Christie's Int'l RE | |||
| May 28, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017