Listing Courtesy of: Mohammad Zakir Sikder, Chapman Hall Professionals
$631,000
●
House -
Off Market
7367 Waters Edge Drive
Stone Mountain, GA 30087
6 Beds
4 Baths
3,886 Ft²
$3,524
Est. Monthly
$94
HOA / Fees
7.77%
Cap Rate
About This Property
THIS HIDDEN GEM IN STONE MOUNTAIN WON'T LAST LONG! A LUXURIOUS 6
BEDROOM, 4 BATHROOM BEAUTY AWAITS YOU RIGHT ON THE LAKEFRONT. THE
MASTER SUITE ON THE MAIN LEVEL OFFERS BREATHTAKING LAKE VIEWS
THROUGH A CASCADE OF WINDOWS. RELAX IN THE GUNITE POOL AND HOT TUB
IN YOUR PRIVATE FENCED BACKYARD. PARK UP TO 3 VEHICLES IN THE
SPACIOUS 3-CAR GARAGE WITH BUILT-IN STORAGE. ENJOY COZY EVENINGS BY
THE FIREPLACE OR BRIGHT DAYS WITH SKYLIGHTS IN THE FAMILY ROOM. THE
FINISHED BASEMENT INCLUDES A FULL BATH AND A SECOND KITCHEN,
PERFECT FOR GUESTS. THIS HOME HAS BEEN COMPLETELY RENOVATED WITH
BRAND NEW BATHROOMS, A GORGEOUS KITCHEN FEATURING QUARTZ
COUNTERTOPS, WALL OVEN, MICROWAVE, COOKTOP, AND CABINETS, PLUS NEW
AIR CONDITIONING, ROOF, PAINT, WINDOWS, AND DOORS. START YOUR DAY
WITH COFFEE ON THE DECK OR LIVING ROOM, IN THE STUNNING LAKE VIEWS.
WATER'S EDGE COMMUNITY OFFERS UNPARALLELED AMENITIES INCLUDING A
SOCIAL & FITNESS CENTER, SAILING, FISHING, SWIMMING, TENNIS, BOAT
LAUNCH, CLUBHOUSE, BASKETBALL COURTS, AND PLAYGROUNDS. DON'T MISS
OUT ON THIS SPECTACULAR HOME! WELCOME HOME!
Unit Size
3,886 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$161
Property Type
House
Property Taxes
$360
HOA Dues
$94
Year Built
1988
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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: 3 years ago (FMLS #7419090)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Price Increased |
$625,000
↑ $25K
(4.2%) | |
| Price Increased | |||
| Jul 12, 2024 | Listed by Chapman Hall Professionals | $599,900 | |
| Listed by Chapman Hall Professionals | |||
| Jun 14, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About DeKalb
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Listed by: Mohammad Zakir Sikder, Chapman Hall Professionals
Last Updated: 3 years ago
Data Source: FMLS, MLS# 7419090
Last Updated: 3 years ago
Data Source: FMLS, MLS# 7419090
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