Listing Courtesy of: Shelley Shope, Keller Williams Lanier Partners
$270,000
●
House -
Off Market
5642 River Stone Road
Gainesville, GA 30506
3 Beds
2 Baths
1,992 Ft²
$340,906
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
Do not miss this charming step-less ranch on a full acre lot
featuring open-concept living, 3 bedrooms, 2 baths, extra
sunroom/den and private bonus room! Plenty of extra space for
guests or working from home. Granite countertops, hardwood floors,
separate dining room and breakfast nook. Quiet family-oriented
neighborhood with private, wooded backyard. Don't wait! Make this
one yours before it sells! Convenient to shopping, schools,
mountains, lake parks and GA400
Unit Size
1,992 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$135
Property Type
House
Property Taxes
$174
HOA Dues
-
Year Built
2007
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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 #6819525)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by Method Real Estate Advisors | $380,000 | |
| Listed by Method Real Estate Advisors | |||
| | |||
|
Welcome to 5642 River Stone Rd, Gainesville, where tranquility meets luxury. Nestled in a serene neighborhood with no HOA, this picturesque ranch-style home offers a peaceful escape from the hustle and bustle. Enjoy the soothing ambiance of the sunroom overlooking the sprawling one-acre lot, while hardwood floors and granite countertops add an elegant touch to the interior. With the master suite on the main level, convenience is key, while the formal dining room and breakfast area provide the perfect settings for intimate gatherings. Conveniently located near shopping, schools, GA400, and the natural beauty of mountains and lake parks, this home offers the ultimate blend of serenity and convenience. Come experience the serene lifestyle.
| |||
| Feb 12, 2021 | Sold | ||
| Sold | |||
| Dec 16, 2020 | Listed by Keller Williams Lanier Partners | $268,000 | |
| Listed by Keller Williams Lanier Partners | |||
| Nov 5, 2007 | Sold | ||
| Sold | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Hall
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Listed by: Shelley Shope, Keller Williams Lanier Partners
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6819525
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6819525
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