Listing Courtesy of: Hardeman Team, Peachtree Property Residential, LLC
$280,000
●
House -
Off Market
5620 Tanglewood Circle
Cumming, GA 30041
3 Beds
2 Baths
1,300 Ft²
$1,624
Est. Monthly
8.40%
Cap Rate
About This Property
Multiple offers received, please submit highest and best by 12:00
noon on Monday May 6. Great find! This is the lowest priced typical
house on the market in the extremely sought after 30041 zip code.
This house offers a spacious kitchen with an attached dining area,
white cabinets in both bathrooms and a kitchen with plenty of
storage. You will love the added features such as a one car garage,
back deck, and peaceful front porch. The backyard is fenced and
perfect for hosting and relaxing outside on a nice day. This house
is in a great location within minutes of Lake Lanier, with great
schools, and several parks, while being just around the corner from
all the conveniences of Cumming, including the new Cumming City
Center.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$231
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1976
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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 (FMLS #7373280)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by Peachtree Property Residential | $300,000 | |
| Listed by Peachtree Property Residential | |||
| | |||
|
Multiple offers received, please submit highest and best by 12:00 noon on Monday May 6. Great find! This house is the lowest price on the market in the 30041 zip code. This house offers a spacious kitchen with an attached dining area, white cabinets in both bathrooms and kitchen with plenty of storage, and 3 spacious bedrooms. The backyard is fenced in perfect for hosting and relaxing outside on a nice day. This house is in a great location within minutes of Lake Lanier, with great schools, and several parks.
| |||
| May 14, 2015 | Sold | ||
| Sold | |||
| Mar 18, 2002 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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 Forsyth
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Listed by: Hardeman Team, Peachtree Property Residential, LLC
Last Updated: 3 years ago
Data Source: FMLS, MLS# 7373280
Last Updated: 3 years ago
Data Source: FMLS, MLS# 7373280
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