$250,000
●
House -
Off Market
624 Forrest Avenue
Griffin, GA 30224
4 Beds
2 Baths
2,788 Ft²
$1,512
Est. Monthly
9.97%
Cap Rate
About This Property
Back on the market at no fault of the seller! Buyers financing fell
through. Traditional suburban living at its finest. Located
in the highly sought-after Third Ward, within walking distance of
downtown Griffin. This beautifully updated property would best be
described as picturesque and well-accented. It boasts an
open-concept living/ dining area with walkout access to a
screened-in porch, an updated kitchen with stainless steel
appliances, recently added Luxury Vinyl flooring, and comfortably
sized bedrooms. Going down stairs, the fully finished basement adds
additional living space giving the home an oversized feel. As a
bonus, the property includes Smart locks, smart/wifi lights
overhead in the kitchen, track lighting in the kitchen and front
porch, and a wifi fan in the living room. This is a must-see
property!
Unit Size
2,788 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$93
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1951
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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 (GAMLS #10248493)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | Listed by Swanson & Associates Realty, LLC | $259,999 | |
| Listed by Swanson & Associates Realty, LLC | |||
| | |||
|
Back on the market at no fault of the seller! Buyers financing fell through.
Traditional suburban living at its finest. Located in the highly sought-after Third Ward, within walking distance of downtown Griffin. This beautifully updated property would best be described as picturesque and well-accented. It boasts an open-concept living/ dining area with walkout access to a screened-in porch, an updated kitchen with stainless steel appliances, recently added luxury vinyl flooring, and comfortably sized bedrooms. Going down stairs, the fully finished basement adds additional living space giving the home an oversized feel. As a bonus, the property includes Smart locks, smart/wifi lights overhead in the kitchen, track lighting in the kitchen and front porch, and a wifi fan in the living room. This is a must-see property!
| |||
| May 1, 2019 | No longer available | - | |
| No longer available | |||
| Apr 26, 2019 | Sold | ||
| Sold | |||
| Apr 6, 2019 | Price Increased |
$145,500
↑ $7K
(4.7%) | |
| Price Increased | |||
Show More
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Griffin
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Listed by: Marte Swanson, Swanson & Associates Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10248493
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10248493
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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