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Map
Listing Courtesy of: Wayne Munnings, Virtual Properties Realty.com, 860-205-6756
$115,000
●
Townhouse -
Off Market
630 Mill Stone Bluff #B
Monroe, GA 30655
4 Beds
2 Baths,
1
Half Bath
$805
Est. Monthly
22.30%
Cap Rate
About This Property
Great opportunity with strong upside potential! This property
offers a solid layout and is ready for your vision and updates.
Ideal for buyers looking to customize or investors seeking a
value-add opportunity. Comparable homes in the area support strong
after-repair value.
Sold as-is in current condition. Strong renovation opportunity with similar floor plan units in the community having been fully renovated to modern standards.
Bring your contractor and explore the possibilities. A contractor resource may be available upon request; preliminary feedback suggests the renovation scope is relatively straightforward compared to similar projects.
Conveniently located just minutes from downtown Monroe, offering access to local shops, dining, and community charm, with easy access to nearby areas including Athens and the greater Atlanta metro.
Sold as-is in current condition. Strong renovation opportunity with similar floor plan units in the community having been fully renovated to modern standards.
Bring your contractor and explore the possibilities. A contractor resource may be available upon request; preliminary feedback suggests the renovation scope is relatively straightforward compared to similar projects.
Conveniently located just minutes from downtown Monroe, offering access to local shops, dining, and community charm, with easy access to nearby areas including Athens and the greater Atlanta metro.
Unit Size
-
Days on Market
-
Land Size
0.02 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
$167
HOA Dues
-
Year Built
2007
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Cap Rate Calculator
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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: 5 months ago (FMLS #7757687)
Price History
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Assigned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Other
Appliances: Other
Flooring Type: Vinyl
Laundry Features: Gas Dryer Hookup, In Hall
Fireplace Features: None
Basement: None
Exterior Details
Has Property Attached
Security Features: None
Property Condition: Fixer
Architectural Style: Traditional, Townhouse
Year Built: 2007
Waterfront Features: None
Waterbody Name: None
Building Area Total: 1472
Levels: Two
Other Structures: None
Window Features: None
Construction Materials: Vinyl Siding, Brick Front
Patio and Porch Features: None
Pool Features: None
Lot Features: Back Yard
Lot Size Area: 871.2
Lot Size Units: Square Feet
Lot Size Acres: 0.02
Lot Size Square Feet: 871.2
Lot Size Dimensions: 2343
Water Source: Public
Financial Details
Tax Annual Amount: $2,000
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/18/2026
|
4 Bed
|
2 Bath
|
-
|
$129,900
4 Bed
2 Bath
|
$115,000
-11.47%
06/23/2026
|
Wayne Munnings
Virtual Properties Realty.com
| |
|
06/24/2025
|
3 Bed
|
2 Bath
|
1472 ft²
|
$114,900
3 Bed
2 Bath
1472 ft²
|
$94,000
-18.19%
10/01/2025
|
Nikki Crowder
Solutions First Realty of GA
|
Building Info
About Monroe
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Listed by: Wayne Munnings, Virtual Properties Realty.com
Last Updated: 5 months ago
Data Source: FMLS, MLS# 7757687
Last Updated: 5 months ago
Data Source: FMLS, MLS# 7757687
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