$75,000
●
Land -
Off Market
6727 Hedge Row Lane
Gainesville, GA 30506
Studio
0 Bath
$108,313
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Tucked away near Horseshoe Park this is a fairly level lot that
could be groomed for a slab or a partial basement. Stunning
homes across the street - very yard to the month setting. Fun
location for walks and playing in the park. Great price for
Marina Bay and a great setting for sun positioning - shady
afternoons in the backyard. Easy to put a pool in as well. We
also have boat slips available for purchase!
Unit Size
-
Days on Market
-
Land Size
0.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
$32
HOA Dues
$217
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 #6699584)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2022 | No longer available | - | |
| No longer available | |||
| Feb 2, 2022 | Relisted | $165,000 | |
| Relisted | |||
| Jan 28, 2022 | No longer available | - | |
| No longer available | |||
| Oct 27, 2021 | Listed by The Norton Agency | $165,000 | |
| Listed by The Norton Agency | |||
| | |||
|
Premier Lot in Lake Lanier’s Marina Bay Subdivision. Build your dream home located on the highest street in the neighborhood. Vista views of the lake/mountains next to luxury homes and several new construction homes. This lot offers the perfect topography for a ranch with terrace home plan (optional rendering attached). Marina Bay offers luxurious amenities with private gated entry, 280 slip private marina (option to purchase a boat slip if desired), tree lined streets with sidewalks, 14,000 square foot Clubhouse, salt-water resort pool, fitness center, lighted stone tennis courts, green spaces and a busy year-round social calendar with tons of activities for all ages. Easy access to downtown Gainesville Square, Dawsonville or Dahlonega. It’s a great place to call home!
| |||
| Oct 16, 2020 | Sold | ||
| Sold | |||
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Property Highlights
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: Susan Verlander, Marina Bay Properties, LLC.
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6699584
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6699584
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