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Whitfield 30740
508 Cambridge Road
Photo of 508 Cambridge Road
Sold on Oct 1, 2024

16

Map

Photo of 508 Cambridge Road
Photo of 508 Cambridge Road
$230,000
● House - Off Market

508 Cambridge Road

Rocky Face, GA 30740
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$1,288
Est. Monthly

About This Property

Welcome home! This charming fixer-upper features 3 bedrooms and 2 bathrooms, offering plenty of space for you to create your dream home. The finished basement provides additional living space, perfect for a family room, office, or play area.

The large fenced-in yard is ideal for outdoor activities, gardening, or enjoying some fresh air with family and friends. Plus, the convenient 2-car garage offers ample storage and parking. With a little creativity and some updates, this home has the potential to shine. Don't miss your chance to transform this property into your perfect retreat!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$171
Property Type
House
Property Taxes
$159
HOA Dues
-
Year Built
1991

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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: 19 days ago (Realtracs #RTC3261679)

Price History

Date / Event Date Event Price
Oct 1, 2024 Sold
Premium
Sold
Aug 6, 2024 Listed by The Source Real Estate Group $229,900
Listed by The Source Real Estate Group
Feb 10, 2021 Sold
Premium
Sold
Feb 10, 2021 Listed by The Source Real Estate Group $185,000
Listed by The Source Real Estate Group
Jun 14, 2017 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1999
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 29
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 13
  • Basement Type: 2
  • Basement Area: 1,344
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMBRDG HGTS 32500 L
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 001
  • Legal Description 1: LT31 CAMBRIDGE HGTS 2

Neighborhood

  • School District Name: Whitfield County School District
  • School Tax School District: COUNTY
  • Census Tract: 000600

Geography

  • Account Number: 10533
  • District: 12
  • Section: 2
  • Parcel: 12-078-11-024
  • Lot: 078
  • Municipality: COUNTY
  • Latitude: 34.8229
  • Longitude: -85.0359

    Address

  • Full Address: 508 Cambridge Dr
  • Address - House Number: 508
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Rocky Face
  • Carrier Code: R002
  • 4-Digit Zip Code: 9501
  • Zip Code: 30740

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $190,496
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 75,972
  • High Value: 110,706
  • Low Value: 41,237

    Market Valuation

  • Market Total Value: $172,920
  • Market Land Value: $32,500
  • Market Improvement Value: $140,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,168
  • Assessed Land Value: $13,000
  • Assessed Improvements Value: $56,168

    Sales

  • Current Sale Contract Date: Feb 10, 2021
  • Current Sale Recording Date: Feb 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-000382
  • Previous Sale Recording Date: Jun 14, 2017
  • Previous Sale Contract Date: Jun 14, 2017
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Whitfield

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$169

Below Asking

0.03%

Average Days on Market

93

Average Home Size

2087 ft²

Average Home Age

30.6 years

Currently For Sale

137 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Realtracs

Listed by: Linda Carter, The Source Real Estate Group
Last Updated: 19 days ago
Data Source: Realtracs, MLS# RTC3261679
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 508 Cambridge Road built and last sold?
The property at 508 Cambridge Road was built in 1991 and last sold on Feb 10, 2021 for $185,000.
How much is this home worth?
The estimated value of the home located at 508 Cambridge Road is $229,451.
What are some comparable homes to 508 Cambridge Road?
There are currently no comparable homes to 508 Cambridge Road.
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