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727 Lower Scott Mill Road
About This Property
Bring your builder and bring your plans! With no HOA and no known restrictions, you have the freedom to create the home you've been envisioning. The property is zoned Residential R-40, offering a great opportunity for those looking to build in a growing and convenient area.
Enjoy being just minutes from shopping, restaurants, medical facilities, and easy access to Interstate 575, making commuting and exploring everything North Georgia has to offer a breeze.
Whether you're ready to build your forever home or looking for a great piece of land in a convenient Cherokee County location, this 1.62-acre property is worth a look. Don't miss this opportunity-bring your builder and make your vision a reality!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | Listed by ERA Sunrise Realty | $175,000 | |
| Listed by ERA Sunrise Realty | |||
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | Listed by ERA Sunrise Realty | $150,000 | |
| Listed by ERA Sunrise Realty | |||
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DO NOT ENTER HOME- waiver must be signed prior to viewing property. No trespassing, buyers agent must be present at all times. Cameras on property!! Home in need of major repairs. Front porch roof is falling in. Public water available at Lower Scott Mill Rd, meter needed. New survey completed. Driveway has an easement. Neighboring home has small easement on north side of property. Neighboring homes have recently sold for $360k+!! Tons of potential if you are willing to put in the work! Beautiful views, mature trees, quiet lot. Less than 5 min to Northside Hospital. Bring an offer!
SOLD AS IS!!
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| Jul 16, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017