$67,000
●
Land -
Off Market
503 Mill Pond Road
Newborn, GA 30056
Studio
0 Bath
$81,162
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
NEARLY 4.5 Acres of nice, heavily wooded land that is close to the
quiet town of Newborn. This is the perfect place to build your
dream home. Perc test has already been completed and there is
electricity and water available and ready for your construction.
Hurry and secure this building lot today! Building Permits from
Newton County have already been secured also! Bring all offers,
client is open to offers!
Unit Size
-
Days on Market
-
Land Size
4.45 acres
Price per sqft
-
Property Type
Land
Property Taxes
$30
HOA Dues
-
Year Built
-
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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 #20052969)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2024 | Sold | ||
| Sold | |||
| Aug 29, 2023 | Listed by American Realty Professionals of Georgia, LLC. | $85,000 | |
| Listed by American Realty Professionals of Georgia, LLC. | |||
| | |||
|
This property is located in a quiet, wooded area of Mansfield, GA. It has 4.45 acres of land, no HOA, and is zoned for single-family residential use. The property has a perc test that has been completed. The septic needs to be installed. there is electricity and water available and ready for your construction. Building permits and septic permits are only good for 1 year in Newton County, these permits have expired and you will need new permits. Bring all offers, the client is open to offers! Perfect place to build your dream home in a country setting.
| |||
| Aug 29, 2022 | Sold | ||
| Sold | |||
| Jun 25, 2022 | Listed by Joe Stockdale Real Estate, LLC | $78,500 | |
| Listed by Joe Stockdale Real Estate, LLC | |||
| | |||
|
NEARLY 4.5 Acres of nice, heavily wooded land that is close to the quiet town of Newborn. This is the perfect place to build your dream home. Perc test has already been completed and there is electricity and water available and ready for your construction. Hurry and secure this building lot today! Building Permits from Newton County have already been secured also! Bring all offers, client is open to all offers!
| |||
| Jun 24, 2022 | No longer available | - | |
| No longer available | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Newton
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Listed by: Harry Stockdale, Joe Stockdale Real Estate
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20052969
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20052969
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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