$517,000
●
House -
Off Market
4639 Ridge Gate Drive
Gainesville, GA 30506
4 Beds
3 Baths,
1
Half Bath
2,961 Ft²
$2,725
Est. Monthly
$21
HOA / Fees
5.95%
Cap Rate
About This Property
Nestled on a quiet, culdesac street in the sought-after Gates at
Green Hill this home is ready for you to make it your own. Priced
below Zestimate! Have you been looking for a primary on main close
to Lake Lanier? This home is ready to check your boxes! Hardwoods
on main? Check! Open concept floorplan that's not TOO open? Check!
Vaulted family and keeping rooms? Check! Walk-in closets? Check!
New Deck? Check! Unfinished basement that you build out, use for
storage and anything else you can imagine? Check! Looking for a
social, fun neighborhood? This is THE street to live on! Just a few
turns from shopping and Lake Lanier!
Unit Size
2,961 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$177
Property Type
House
Property Taxes
$126
HOA Dues
$21
Year Built
2007
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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 #10267419)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | Listed by Keller Williams Realty Atl North | $525,000 | |
| Listed by Keller Williams Realty Atl North | |||
| | |||
|
Nestled on a quiet, culdesac street in the sought-after Gates at Green Hill this home is ready for you to make it your own. Priced below Zestimate! Have you been looking for a primary on main close to Lake Lanier? This home is ready to check your boxes! Hardwoods on main? Check! Open concept floorplan that's not TOO open? Check! Vaulted family and keeping rooms? Check! Walk-in closets? Check! New Deck? Check! Unfinished basement that you build out, use for storage and anything else you can imagine? Check! Looking for a social, fun neighborhood? This is THE street to live on! Just a few turns from shopping and Lake Lanier!
| |||
| Apr 13, 2009 | Sold | ||
| Sold | |||
| Mar 2, 2007 | Sold | ||
| Sold | |||
Property Highlights
Garage
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 Hall
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Listed by: Kelly Allen, Keller Williams Rlty-Atl.North
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10267419
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10267419
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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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