Clayton
5693 Colonnade Drive
Listing Courtesy of: MARK SPAIN, Mark Spain Real Estate
$295,000
●
House -
Off Market
5693 Colonnade Drive
Rex, GA 30273
4 Beds
3 Baths
$1,859
Est. Monthly
7.18%
Cap Rate
About This Property
Welcome home to this beautifully renovated 4-bedroom, 3-bath
split-foyer in The Colonnade at Rex Mill! Featuring fresh paint and
brand-new LVP flooring throughout, this stunning home boasts a
bright white kitchen with a pantry, quartz countertops, and
stainless steel appliances. The spacious great room impresses with
a vaulted ceiling and cozy fireplace, while the separate dining
room adds elegance to the fantastic layout. The large master suite
offers a walk-in closet, dual sinks, a soaking tub, and a separate
shower. The terrace level is perfect for guests or additional
living space, complete with a bedroom, full bath, and a spacious
living area. Enjoy great natural lighting, a private deck, and a
2-car garage. Don't miss this move-in-ready gem!
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
2004
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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: 6 months ago (FMLS #7518792)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Relisted | $295,000 | |
| Relisted | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
| Feb 4, 2025 | Listed by Mark Spain Real Estate | $295,000 | |
| Listed by Mark Spain Real Estate | |||
| | |||
|
Welcome home to this beautifully renovated 4-bedroom, 3-bath split-foyer in The Colonnade at Rex Mill! Featuring fresh paint and brand-new LVP flooring throughout, this stunning home boasts a bright white kitchen with a pantry, quartz countertops, and stainless steel appliances. The spacious great room impresses with a vaulted ceiling and cozy fireplace, while the separate dining room adds elegance to the fantastic layout. The large master suite offers a walk-in closet, dual sinks, a soaking tub, and a separate shower. The terrace level is perfect for guests or additional living space, complete with a bedroom, full bath, and a spacious living area. Enjoy great natural lighting, a private deck, and a 2-car garage. Don't miss this move-in-ready gem!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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Closing Price
Sold On
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HOA + Taxes
About Clayton
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Listed by: MARK SPAIN, Mark Spain Real Estate
Last Updated: 6 months ago
Data Source: FMLS, MLS# 7518792
Last Updated: 6 months ago
Data Source: FMLS, MLS# 7518792
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