Listing Courtesy of: Mark Spain, Mark Spain Real Estate
$825,000
●
House -
Off Market
5675 Timson Lane
Alpharetta, GA 30022
6 Beds
5 Baths
4,610 Ft²
$4,752
Est. Monthly
$138
HOA / Fees
6.22%
Cap Rate
About This Property
**12K PAINTING ALLOWANCE**
Welcome to 5675 Timson Lane. This stunning 6 bedroom 5 full bath home on a corner lot in sought after Medlock Bridge subdivision in Johns Creek is everything you are looking for - and more! The main level features a grand two-story foyer and a great room with two wrought iron staircases and a catwalk. There are spacious formal living and dining rooms, a bedroom, a full bath, and a large laundry room, as well. The beautiful custom kitchen, with a wood-paneled refrigerator, stainless appliances, granite countertops, and a kitchen island, overlooks the great room and its stacked stone fireplace. Upstairs are four more bedrooms and three bathrooms - including the owner's suite. You'll love the large master bedroom the spacious walk-in closet and the well-appointed bathroom featuring his and her vanities along with a separate shower and whirlpool tub. The partially finished basement provides even more living space with a den, a bedroom a full bath, and bonus rooms. Don't miss this beauty! Schedule a tour today.
Welcome to 5675 Timson Lane. This stunning 6 bedroom 5 full bath home on a corner lot in sought after Medlock Bridge subdivision in Johns Creek is everything you are looking for - and more! The main level features a grand two-story foyer and a great room with two wrought iron staircases and a catwalk. There are spacious formal living and dining rooms, a bedroom, a full bath, and a large laundry room, as well. The beautiful custom kitchen, with a wood-paneled refrigerator, stainless appliances, granite countertops, and a kitchen island, overlooks the great room and its stacked stone fireplace. Upstairs are four more bedrooms and three bathrooms - including the owner's suite. You'll love the large master bedroom the spacious walk-in closet and the well-appointed bathroom featuring his and her vanities along with a separate shower and whirlpool tub. The partially finished basement provides even more living space with a den, a bedroom a full bath, and bonus rooms. Don't miss this beauty! Schedule a tour today.
Unit Size
4,610 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$186
Property Type
House
Property Taxes
$394
HOA Dues
$138
Year Built
1991
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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: 2 years ago (FMLS #7457348)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 12, 2024 | Price Decreased |
$859,500
↓ $40K
(4.5%) | |
| Price Decreased | |||
| Sep 17, 2024 | Listed by Mark Spain Real Estate | $899,500 | |
| Listed by Mark Spain Real Estate | |||
Property Highlights
Garage
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Medlock Bridge
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Listed by: Mark Spain, Mark Spain Real Estate
Last Updated: 2 years ago
Data Source: FMLS, MLS# 7457348
Last Updated: 2 years ago
Data Source: FMLS, MLS# 7457348
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