$286,400
●
House -
Off Market
50 Ashford Cove
Covington, GA 30014
4 Beds
2 Baths
1,616 Ft²
$291,579
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Charming 4 bedroom 2 bath ranch in Ashford Cove located in East
Newton County! Relax in this quiet one-street neighborhood from the
huge rocking chair front porch. Upon entering the home you will
find a separate formal dining room, fireside vaulted family room,
classic white kitchen, breakfast room, 2 cozy guest bedrooms (one
with large walk-in closet), guest bath, laundry closet in hallway,
vaulted master bedroom with tray ceiling, master bath with dual
vanity, separate shower, garden tub, and walk-in closet. Large 4th
bedroom upstairs off the kitchen area. Awesome back deck perfect
for grilling, entertaining, and enjoying the huge level back yard.
Located in the Eastside school district and only a short drive to
town for dining, shopping and entertainment!
Unit Size
1,616 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$176
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
1994
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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 #20054272)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2023 | Listed by Mark Spain Real Estate | $300,000 | |
| Listed by Mark Spain Real Estate | |||
| | |||
|
Charming 4 bedroom 2 bath ranch in Ashford Cove located in East Newton County! Relax in this quiet one-street neighborhood from the huge rocking chair front porch. Upon entering the home you will find a separate formal dining room, fireside vaulted family room, classic white kitchen, breakfast room, 2 cozy guest bedrooms (one with large walk-in closet), guest bath, laundry closet in hallway, vaulted master bedroom with tray ceiling, master bath with dual vanity, separate shower, garden tub, and walk-in closet. Large 4th bedroom upstairs off the kitchen area. Awesome back deck perfect for grilling, entertaining, and enjoying the huge level back yard. Located in the Eastside school district and only a short drive to town for dining, shopping and entertainment!
| |||
| Jul 15, 2022 | Sold | ||
| Sold | |||
| Jun 28, 2022 | Listed by Summit Realty Group | $285,000 | |
| Listed by Summit Realty Group | |||
| May 3, 1995 | Sold | ||
| Sold | |||
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Property Highlights
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
Type
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Baths
ft²
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Price/ft²
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HOA + Taxes
About Newton
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Listed by: Kelli Brooks, Summit Realty Group
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20054272
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20054272
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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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