Listing Courtesy of: DEBORAH HUNT, DRB Group Georgia, LLC, 770-478-4036
$544,099
●
House -
Off Market
557 Saltbox Lane
Mcdonough, GA 30252
5 Beds
3 Baths
$2,790
Est. Monthly
$50
HOA / Fees
5.47%
Cap Rate
About This Property
Welcome to our Rowland Place Community in sought after Mcdonough by
DRB Homes! No detail is left behind in this beautiful single
-family home featuring an exquisite brick & craftsman exterior. Our
spacious Bucknell Plan on a slab features 5 bedrooms, 4 full
bathrooms, a flex room and an open layout on the main level. The
stunning kitchen features an expansive island with white quartz and
beautiful white cabinets with a spacious walk-in pantry. Upstairs
you will find a huge Media Room leading to the owner's suite with a
sitting room,dual closets, large shower and separate tub. This home
is estimated for a July move-in! Please note: the photos are of a
spec home(stock Photos). 90 Day Close Lot 63
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
House
Property Taxes
$68
HOA Dues
$50
Year Built
-
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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: 7 months ago (FMLS #7391044)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Listed by DRB Group Georgia LLC | $544,099 | |
| Listed by DRB Group Georgia LLC | |||
| | |||
|
Welcome to our Rowland Place Community in sought after Mcdonough by DRB Homes! No detail is left behind in this beautiful single -family home featuring an exquisite brick & craftsman exterior. Our spacious Bucknell Plan on a slab features 5 bedrooms, 4 full bathrooms, a flex room and an open layout on the main level. The stunning kitchen features an expansive island with white quartz and beautiful white cabinets with a spacious walk-in pantry. Upstairs you will find a huge Media Room leading to the owner's suite with a sitting room,dual closets, large shower and separate tub. This home is estimated for a July move-in! Please note: the photos are of a spec home(stock Photos). 90 Day Close Lot 64
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Henry
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Listed by: DEBORAH HUNT, DRB Group Georgia, LLC
Last Updated: 7 months ago
Data Source: FMLS, MLS# 7391044
Last Updated: 7 months ago
Data Source: FMLS, MLS# 7391044
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