$1,200,000
●
House -
For Sale
7045 Collins Point Road
Cumming, GA 30041
5 Beds
5 Baths,
1
Half Bath
4,496 Ft²
$6,480
Est. Monthly
About This Property
Beautiful large property with five bedrooms all with King size
bedrooms, that all have in suite bathrooms, laundry rooms on every
floor. Top of the line finishes. Custom kitchen and bathroom
floors, all bathrooms and laundry rooms have granite countertops.
This property also boasts a three car garage with an apartment
above it that can be rented or used as guest suite. Finished with
Coastal Nautical feel. Your backyard view of Lake Lanier where you
can enjoy your morning coffee or a cocktail in the evening.
This property is lovely and serene and move in ready. Come enjoy
the custom made coastal pool table or the Theatre.
Unit Size
4,496 Ft²
Days on Market
120 days
Land Size
0.80 acres
Price per sqft
$267
Property Type
House
Property Taxes
$587
HOA Dues
-
Year Built
1984
Listed By
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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: 4 months ago (GAMLS #10793296)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2026 | Listed by Beycome Brokerage Realty LLC | $1,200,000 | |
| Listed by Beycome Brokerage Realty LLC | |||
| Sep 9, 2016 | Sold | ||
| Sold | |||
| Jul 13, 2016 | Listed by Beycome Brokerage Realty LLC | $419,900 | |
| Listed by Beycome Brokerage Realty LLC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Detached
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Interior Features: Beamed Ceilings, Double Vanity, High Ceilings, Tray Ceiling(s), Walk-In Closet(s), Master On Main Level, Rear Stairs, Separate Shower, Two Story Foyer
Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Ice Maker, Microwave, Oven/Range (Combo)
Flooring Type: Stone
Laundry Features: In Basement, Laundry Closet, Other, Upper Level
Has Fireplace
Fireplaces: 2
Basement: Finished, Full
Exterior Details
Square Footage: 4496
Square Footage Source: $0
Property Condition: Resale
Architectural Style: Traditional
Year Built: 1984
Levels: Three Or More
Construction Materials: Wood Siding
Lot Features: Private
Lot Size Area: 34848
Lot Size Units: Square Feet
Lot Size Acres: 0.8
Lot Size Square Feet: 34848
Water Source: Public
Financial Details
Tax Annual Amount: $7,045
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Forsyth
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Listed by: Steven Koleno, Beycome Brokerage Realty LLC
Last Updated: 4 months ago
Data Source: GAMLS, MLS# 10793296
Last Updated: 4 months ago
Data Source: GAMLS, MLS# 10793296
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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