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501 Granny Smith Circle
About This Property
The light-filled main level features wide-plank hardwood floors, a stunning stone fireplace, shiplap accents, elegant mouldings, designer lighting, and a formal dining room with built-ins and tray ceiling. The chef's kitchen is designed for entertaining with a butcher block island, solid-surface countertops, walk-in pantry, and stainless steel appliances.
The spacious primary suite includes a tray ceiling, dual vanities, an oversized tiled shower, and a spa-inspired soaking tub. The newly finished terrace level adds a large game and media room with wet bar and under-counter refrigerator, a private guest suite with en-suite bath, generous storage, and access to a walk-out patio and newly rebuilt deck overlooking the stunning landscape.
The Orchard is a gated private golf community with 24-hour security, a championship golf course, newly renovated clubhouse, swimming pool, and brand-new tennis and pickleball facilities. Conveniently located near Clarkesville, Tallulah Falls, and Clayton, and just 90 miles from Atlanta, this home offers the perfect blend of mountain beauty, privacy, and country club living.
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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 |
|---|---|---|---|
| Oct 17, 2026 | Price Decreased |
$639,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Sep 24, 2026 | Price Decreased |
$649,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$654,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$659,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jul 1, 2026 | Listed by Berkshire Hathaway HomeServices Georgia Properties | $669,000 | |
| Listed by Berkshire Hathaway HomeServices Georgia Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017