5686 Grindstone Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Apr 6, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Listed by Keller Williams Realty Atl. Partners | $389,900 | |
| Listed by Keller Williams Realty Atl. Partners | |||
| Jun 10, 2025 | Listed | $399,000 | |
| Listed | |||
| | |||
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Welcome to this beautifully maintained home in the sought-after Lanier High School district, perfectly situated on a quiet cul-de-sac with direct access to neighborhood green space. The main level offers a welcoming layout with a bright living room, formal dining room, and an updated kitchen featuring granite countertops, white cabinetry, newer appliances, and a cheerful breakfast nook perfect for enjoying your morning coffee. Step outside to a deck overlooking a fenced backyard, ideal for gardening, pets, or play. Upstairs, the primary suite includes a private ensuite bath, while three additional bedrooms share a remodeled full bathroom. All bathrooms throughout the home have been tastefully updated. The unfinished basement, already stubbed for a bathroom with additional plumbing and sump pump in place permitted with the county, provides excellent potential for future expansion or added storage. Located just minutes from Lake Lanier boat ramps, downtown Buford, and Sugar Hill, this home offers both tranquility and convenience in a friendly, established community.
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| Oct 22, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017