$132,000
●
Land -
Off Market
5074 Lee Road
Gainesville, GA 30506
Studio
0 Bath
$200,327
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Gorgeous 12 acres of undeveloped land in desirable North Hall
County. Chestatee School district. NO HOA. Nestled between
multi-acre tract, single family residences. Plenty of road
frontage. Build your dream home atop the hill that sits a couple of
acres into the property and enjoy the privacy of this rolling
acreage. Lee Rd has a fresh black top, recently repaved. Land is
situated between mailbox numbers 5062 and 5098. **Please do not
pull up driveways or park next to mailboxes for 5098 or 5062 as
these are PRIVATE residences and private property** Motivated
sellers!
Unit Size
-
Days on Market
-
Land Size
12.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$9
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: 12 months ago (FMLS #6515452)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| Dec 15, 2023 | Listed by The Twiggs Realty, LLC | $299,500 | |
| Listed by The Twiggs Realty, LLC | |||
| | |||
|
Take a walk among the Mature hardwoods and bring your builder. This property is an absolute gem containing 12 acres in North Hall County. Multiple homesites perched above the entire surrounding area allows you to have your own space. Very conveniently located with easy access to Gainesville, Dahlonega or the Dawsonville outlets. Make an appointment now and lets walk this 12 acre tract asap.
| |||
| Nov 2, 2023 | Listed by The Twiggs Realty | $299,500 | |
| Listed by The Twiggs Realty | |||
| | |||
|
Take a walk among the Mature hardwoods and bring your builder. This property is an absolute gem containing 12 acres in North Hall County. Multiple homesites perched above the entire surrounding area allows you to have your own space. Very conveniently located with easy access to Gainesville, Dahlonega or the Dawsonville outlets. Make an appointment now and lets walk this 12 acre tract asap.
| |||
| Jun 1, 2020 | Sold | ||
| Sold | |||
| Apr 30, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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HOA + Taxes
About Hall
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Listed by: Jennifer Cowan, Virtual Properties Realty.Com
Last Updated: 12 months ago
Data Source: FMLS, MLS# 6515452
Last Updated: 12 months ago
Data Source: FMLS, MLS# 6515452
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