$425,000
●
House -
Off Market
482 Pecan Street
Madison, GA 30650
3 Beds
3 Baths,
1
Half Bath
2,337 Ft²
$469,145
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
A rare find in Madison's Historic District, within walking distance
to all the wonderful things small town Madison offers. This house
is a historic reproduction built in 1998, with 9 ft ceilings,
recessed lighting in the kitchen, cabinets galore, hardwood floors
in the downstairs living areas. Open floor plan with cozy den off
kitchen with fireplace. Large open and bright owner's suite, with
walk in closet, bath with separate tub and shower. Upstairs you'll
find a den for kids gaming and study areas, 2 Bedrooms with a jack
and jill bath and additional storage. Brick paver paths and
driveway add an additional touch to the quaint, low maintenance
grounds. 2 car carport and storage shed were designed to compliment
the historic reproduction elements of the main house. You won't be
able to find anything like this currently on the market! Agents,
you must be present at initial showing or risk a full selling agent
commission.
Unit Size
2,337 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$192
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
1998
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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 #10070227)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 8, 2023 | Sold | ||
| Sold | |||
| Oct 25, 2022 | No longer available | - | |
| No longer available | |||
| Aug 20, 2022 | Price Decreased |
$449,000
↓ $31K
(6.4%) | |
| Price Decreased | |||
| Aug 9, 2022 | Listed by Madison Realty Inc | $479,900 | |
| Listed by Madison Realty Inc | |||
| | |||
|
A rare find in Madison's Historic District, within walking distance to all the wonderful things small town Madison offers. This house is a historic reproduction built in 1998, with 9 ft ceilings, recessed lighting in the kitchen, cabinets galore, hardwood floors in the downstairs living areas. Open floor plan with cozy den off kitchen with fireplace. Large open and bright owner's suite, with walk in closet, bath with separate tub and shower. Upstairs you'll find a den for kids gaming and study areas, 2 Bedrooms with a jack and jill bath and additional storage. Brick paver paths and driveway add an additional touch to the quaint, low maintenance grounds. 2 car carport and storage shed were designed to compliment the historic reproduction elements of the main house. You won't be able to find anything like this currently on the market! Agents, you must be present at initial showing or risk a full selling agent commission. The manager has listed the unit size as 2337 square feet.
| |||
| Jul 11, 2022 | Listed by Madison Realty | $449,000 | |
| Listed by Madison Realty | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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HOA + Taxes
About Madison
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Listed by: Chris Hodges, Madison Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10070227
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10070227
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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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