$120,000
●
House -
Off Market
5748 W Highway 382
Ellijay, GA 30540
3 Beds
2 Baths
2,240 Ft²
$181,608
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
This well maintained home sits on a private 1.5 acre wooded lot.
The interior features 3 spacious bedrooms and 2 full baths (easily
could be made back into a 4 BR home). Home features a large formal
living room and den with wood burning fireplace that can be
converted to gas logs. Nice kitchen with walk in pantry and island.
Huge master suite with sitting area, walk-in closet, soaking tub,
shower, and a double vanity. Interior has been freshly painted, 2
year old roof, new HVAC, all new fixtures throughout and new well
pump.
Unit Size
2,240 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$57
Property Type
House
Property Taxes
$0
HOA Dues
-
Year Built
-
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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 #6657947)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2020 | Sold | ||
| Sold | |||
| Mar 8, 2020 | No longer available | - | |
| No longer available | |||
| Dec 18, 2019 | Listed by Mountain Aire Realty, Inc. | $128,500 | |
| Listed by Mountain Aire Realty, Inc. | |||
| Nov 29, 2019 | Listed | $128,500 | |
| Listed | |||
| | |||
|
A 2200 sq ft home for less than $130,000?!? This well maintained home sits on a private 1.5 acre wooded lot. The interior features 3 spacious bedrooms and 2 full baths (easily could be made back into a 4 BR home). Home features a large formal living room and den with wood burning fireplace that can be converted to gas logs. Nice kitchen with walk in pantry and island. Huge master suite with sitting area, walk-in closet, soaking tub, shower, and a double vanity. Interior has been freshly painted, 2 year old roof, new HVAC, all new fixtures throughout and new well pump. Paved driveway with large parking area. Located less than 10 minutes from town and only approx. 1.5 miles to the Doll Mountain recreation area at Carter's Lake! Don't let this one get away!
| |||
| Nov 3, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
Air Conditioning
Fireplace
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About Gilmer
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Currently no similar homes aroundNearby Rentals
Listed by: Brenda Logan, Mountain Aire Realty, Inc.
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6657947
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6657947
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