$130,000
●
House -
Off Market
683 Almon Road
Covington, GA 30014
2 Beds
2 Baths
1,722 Ft²
$785
Est. Monthly
15.77%
Cap Rate
About This Property
This fixer upper is the perfect opportunity for an investor or
savvy homeowners looking to renovate and bring the property back to
life. Charming two story stone home in a great location. This home
is begging for a loving touch, being sold "as is". There is a
separate structure on the property that could be renovated and
turned into an in law suite,or workshop .
Unit Size
1,722 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$78
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
1977
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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 #10208912)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2024 | No longer available | - | |
| No longer available | |||
| Feb 28, 2024 | Price Decreased |
$299,000
↓ $16K
(5.1%) | |
| Price Decreased | |||
| Jan 15, 2024 | Listed by HomeSmart | $315,000 | |
| Listed by HomeSmart | |||
| | |||
|
Check out this stunning fully renovated home in Covington - Gorgeous 3-bedroom, 2-full bathroom home - Close to an acre of land, offering plenty of space for your dream home - Fully equipped with high-quality stainless steel appliances - Washer and dryer included for your convenience Features: - Impeccably renovated interior, offering a modern and stylish environment - Spacious bedrooms with ample natural light - Luxurious bathrooms with beautiful fixtures and finishes - Open-concept kitchen and living area, perfect for entertaining guests Location: - Quiet and peaceful neighborhood in Covington, providing a serene living experience - Easy access to local amenities, including shopping centers, restaurants, and great schools Don't miss this fantastic opportunity to own a fully renovated home on a large lot in Covington. It is the perfect canvas for bringing your dream home to life, while enjoying all the modern conveniences it offers. Contact us now for more information or to schedule a appointment.
| |||
| Dec 11, 2023 | Sold | ||
| Sold | |||
| Sep 30, 2023 | Listed by eXp Realty | $135,000 | |
| Listed by eXp Realty | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Newton
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Listed by: Jeannie Posner, eXp Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10208912
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10208912
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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