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Forsyth
5515 Hedge Brook Drive
Listing Courtesy of: Laura Young, Century 21 Results
$270,000
● House - Off Market

5515 Hedge Brook Drive

Cumming, GA 30028
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,119 Ft²
$387,606
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Upgraded, 4 bed, 2.5 bath in Glenn Ivey subdivision.  This move in ready home includes engineered hardwoods on the main level, new carpet on the upper level, renovated kitchen with new cabinetry, farm sink, modern backsplash, stainless steel appliances. Baths boasts tile, stylish vanities and new toliets. Master bath also has expanded, tiled shower with bench seat and frameless shower door. Master suite with vaulted ceilings and rustic barn doors lead to walk in closet and bath. Home located at the beginning of cul de sac, level fenced backyard with new screened in porch.
Unit Size
2,119 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$125
Property Type
House
Property Taxes
$212
HOA Dues
$38
Year Built
2011

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (FMLS #6646863)

Price History

Date / Event Date Event Price
Jan 11, 2023 Sold
Premium
Sold
Nov 28, 2022 Listed by Century 21 Results $429,900
Listed by Century 21 Results
Dec 30, 2019 Sold
Premium
Sold
Dec 20, 2019 No longer available -
No longer available
Nov 18, 2019 Listed by Century 21 Results $265,000
Listed by Century 21 Results
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 2,119
  • Building Area: 2,119
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,119
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENN IVEY
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 14-1 233 LT 96 PH 2 GLENN IVEY

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130204

Zoning

  • Zoning: R2R

Geography

  • Account Number: 0000260325
  • Subdivision Phase Number: 2
  • Parcel: 234 294
  • Lot: 96
  • Municipality: COUNTY
  • Latitude: 34.309
  • Longitude: -84.0774

    Address

  • Full Address: 5515 Hedge Brook Dr
  • Address - House Number: 5515
  • Address - Street Name: Hedge Brook
  • Address - Suffix Type: Dr
  • State: GA
  • City Name: Cumming
  • Carrier Code: R116
  • 4-Digit Zip Code: 4008
  • Zip Code: 30028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $382,363
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1529
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 455,354
  • High Value: 525,014
  • Low Value: 385,693

    Market Valuation

  • Market Total Value: $388,360
  • Market Land Value: $90,000
  • Market Improvement Value: $298,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,344
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $119,344

    Sales

  • Current Sale Contract Date: Jan 09, 2023
  • Current Sale Recording Date: Jan 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Previous Sale Recording Date: Dec 30, 2019
  • Previous Sale Contract Date: Dec 30, 2019
  • Previous Sale Amount: $270,000
  • 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 Forsyth

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$222

Below Asking

0.02%

Average Days on Market

76

Average Home Size

3029 ft²

Average Home Age

16 years

Currently For Sale

1446 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

Unit for rent at 180 Hensley Park Lane, GA, 30534

$2,730 /mo

  • 4 Beds
  • 2 Baths
  • 2,188 ft²
180 Hensley Park Lane #THEWREN, GA, 30534 Listing by Ross Rebhan
Unit for rent at 5080 Skylark Creek Court, Cumming, GA, 30028

$2,650 /mo

  • 4 Beds
  • 3 Baths
  • 3,155 ft²
5080 Skylark Creek Court, Cumming, GA, 30028 Listing by Host Property Management Team

Rentals Near You

Click here to view more rentals in the neighborhood.
FMLS

Listed by: Laura Young, Century 21 Results
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6646863
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2026 FMLS.

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Frequently Asked Questions

When was property at 5515 Hedge Brook Drive built and last sold?
The property at 5515 Hedge Brook Drive was built in 2011 and last sold on Jan 9, 2023 for $429,900.
How much is this home worth?
The estimated value of the home located at 5515 Hedge Brook Drive is $430,001.
What are some comparable homes to 5515 Hedge Brook Drive?
There are currently no comparable homes to 5515 Hedge Brook Drive.
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