$711,000
●
House -
Off Market
6630 WESTERLY Lane
Gainesville, GA 30506
5 Beds
5 Baths
4,524 Ft²
$918,372
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Marina Bay is a gated lake community that offers resort style
amenities on Lake Lanier. Boat slip is included in purchase price
of this property, slip# E. Master bedroom is on main level , formal
dining room & Kitchen opens to great room, very open floor plan. 3
bedrooms up with 2 baths and a bonus room. It also has a screened
in sunroom & lots of covered decking on main level off the gourmet
kitchen. Hardwood floors throughout, Full finished basement with
2nd kitchen , movie room and fireplace, great for entertaining.
THIS IS A MUST SEE!!!
Unit Size
4,524 Ft²
Days on Market
-
Land Size
1.16 acres
Price per sqft
$155
Property Type
House
Property Taxes
$513
HOA Dues
$433
Year Built
2007
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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 #6818277)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 18, 2022 | Sold | ||
| Sold | |||
| Dec 1, 2021 | No longer available | - | |
| No longer available | |||
| Nov 30, 2021 | Listed by EXP Realty, LLC. | $899,900 | |
| Listed by EXP Realty, LLC. | |||
| | |||
|
Marina Bay is a gated lake community that offers resort style amenities on Lake Lanier. Master bedroom is on main level with an open floor plan in the living and kitchen area which leads to a screened porch and lots of covered decking off the gourmet kitchen, great for enjoying those beautiful evenings in your private yard. The finished basement and theater area will give even more entertainment options with plenty of bedrooms of the upper level and a bonus room as well! The gorgeous flat backyard will give you ample options for the future!
| |||
| Oct 30, 2021 | Relisted | $899,900 | |
| Relisted | |||
| Oct 16, 2021 | No longer available | - | |
| No longer available | |||
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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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About Hall
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Listed by: Holly A Greene, Onward Real Estate, LLC.
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6818277
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6818277
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