4579 Lake Falls Drive
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%.
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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 |
|---|---|---|---|
| Jul 23, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | Listed by Hill Wood Realty, LLC. | $769,000 | |
| Listed by Hill Wood Realty, LLC. | |||
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#1 School District in the State, Buford City School's with HALL County Taxes. This is the largest home in Reserve at Bogan Lakes, Phase 1 at 4,252 sq ft.; 5 bedrooms + 4 FULL bathrooms. Homes within one mile are selling for $150K more! This is the earliest phase in the community and lives like it's own smaller area on Lake Falls, while still having access to the community features. This side also has mature trees and landscaping with a more established look and feel. The community features, swim, tennis and playground. The home itself is spacious and open, with 10 ft. high ceilings throughout, crown molding and all beds are attached to a bathroom. The bedroom on the main can double as an office as needed. The separate dining room offers natural light with access to kitchen through butler's pantry. The dining room can easily seat 12 with a round or rectangle table. The main living area is the "great" room style with a massive kitchen island and sit up bar and still offers a kitchen nook. The living area hosts a gas fire place, great for entertaining or watching a movie. The 3 secondary bedrooms upstairs are spacious, with good sized closets. There are 2 bedrooms with front porch balconies to enjoy an evening sunset. There are 2 bedrooms that share a jack and jill bathroom, with separate toilet/shower room and dual sinks closest to the bedrooms. Extra large laundry room has access to oversized master closet through a door. The master bedroom offers a large sitting area for a workout space, office, or just a place to hide! The master bath offers his and hers sinks, large soaking tub, and enclosed tile shower with glass surround. The backyard features a covered patio with a fan, great for late nights relaxing. The yard offers enough space to do what you need, whether it's BBQ or play football or soccer. It's centrally located to some favorite local restaurants like Johnny's Pizza, Diesel Tap House, or Over The Top Burger. A short drive into down town Buford will provide more restaurants an ice cream shop, as well as providing easy access to Buford City schools and the local grocery store (PUBLIX.) It is just minutes from the infamous Bogan Park, which not only boasts outdoor trails and parks but an indoor water park as well. If you still need something to do you can head down N. Bogan to the Mall of Georgia or North to Flowery Branch or Gainesville. There are so many things to love about this home, it's perfect for entertaining and enjoying life living in Buford.
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| Jan 27, 2020 | Sold | ||
| Sold | |||
| Nov 14, 2019 | Listed by Mark Spain Real Estate | $475,000 | |
| Listed by Mark Spain Real Estate | |||
| May 19, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017