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Newton 30016
699 Stewart Road
Listing Courtesy of: Matthew Greco, HomeSmart
$230,000
● House - Off Market

699 Stewart Road

Covington, GA 30016
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,430 Ft²
$1,219
Est. Monthly
8.20%
Cap Rate

About This Property

Beautiful 2 bedroom 2 full bath traditional home located on amazing one and a half acre lot. Both bedrooms are generously sized, providing comfortable retreats for relaxation and rest. Whether you're unwinding after a long day or enjoying a lazy weekend morning, these bedrooms offer the perfect sanctuary. The master bedroom features an en-suite bathroom for added convenience and privacy.  Large great room opens up to private backyard get away with dog run,fire pit,garden and more! Open concept kitchen along with a bonus room/media room is perfect for entertaining or keeping the little ones busy.  This home is located on a  on a large expansive level grass lot with complete privacy and gourgeous views throughout the property!
Unit Size
1,430 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$157
Property Type
House
Property Taxes
$113
HOA Dues
-
Year Built
1996

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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: 3 years ago (FMLS #7435103)

Price History

Date / Event Date Event Price
Oct 3, 2024 Sold
Premium
Sold
Sep 24, 2024 In contract -
In contract
Aug 22, 2024 Price Decreased $225,000
↓ $15K (6.2%)
Price Decreased
Aug 9, 2024 Listed by HomeSmart $239,900
Listed by HomeSmart
Feb 6, 2014 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 1,430
  • Building Area: 1,430
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,430
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: R3 MISC LAND - AREA 7
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: 1.50AC STEWART RD

Neighborhood

  • School District Name: Newton County School District
  • School Tax School District: 1
  • Census Tract: 100600

Zoning

  • Zoning: R1

Geography

  • Account Number: 22017
  • Parcel: 00480-00000-048-000
  • Municipality: COUNTY
  • Latitude: 33.512
  • Longitude: -83.9046

    Address

  • Full Address: 699 Stewart Rd
  • Address - House Number: 699
  • Address - Street Name: Stewart
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Covington
  • Carrier Code: R037
  • 4-Digit Zip Code: 8210
  • Zip Code: 30016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $172,974
  • Tax Rate Code Area: TAX DISTRI

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 225,801
  • High Value: 269,510
  • Low Value: 182,093

    Market Valuation

  • Market Total Value: $187,300
  • Market Land Value: $22,200
  • Market Improvement Value: $165,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,920
  • Assessed Land Value: $8,880
  • Assessed Improvements Value: $66,040

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 06, 2014
  • Current Sale Recording Date: Feb 06, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014-001300
  • Previous Sale Recording Date: Sep 10, 2007
  • Previous Sale Contract Date: Sep 05, 2007
  • Previous Sale Amount: $74,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Newton

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$159

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2125 ft²

Average Home Age

31 years

Currently For Sale

626 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 25 Mountain Court, Covington, GA, 30016

$1,755 /mo

  • 3 Beds
  • 2 Baths
25 Mountain Court, Covington, GA, 30016

Rentals Near You

Click here to view more rentals in the neighborhood.
FMLS

Listed by: Matthew Greco, HomeSmart
Last Updated: 3 years ago
Data Source: FMLS, MLS# 7435103
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2026 FMLS.

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Frequently Asked Questions

When was property at 699 Stewart Road built and last sold?
The property at 699 Stewart Road was built in 1996 and last sold on Feb 6, 2014 for $73,500.
How much is this home worth?
The estimated value of the home located at 699 Stewart Road is $228,173.
What are some comparable homes to 699 Stewart Road?
There are currently no comparable homes to 699 Stewart Road.
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