$425,000
●
House -
Off Market
740 Indian Trace
Mineral Bluff, GA 30559
3 Beds
0 Bath,
1
Half Bath
1,832 Ft²
$688,294
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
WELCOME TO THE BEST LOCATION ON THE TOCCOA RIVER! 168 ft of river
frontage on a Trophy Trout Stream is truly a fisherman's delight.
The covered gazebo overlooking the river offers gentle steps
leading into the water. One of the BEST parts about this home
is its location on a shoals of the river that allows endless hours
with your chairs in the middle of the river. Relax on the back
porch or jump in the hot tub & enjoy the sounds of nature around
you. Custom kitchen, wide plank pine floors & so much more. This
home is currenlty on a VERY successful rental program.
Unit Size
1,832 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$248
Property Type
House
Property Taxes
$141
HOA Dues
-
Year Built
1996
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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 #5968545)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2018 | No longer available | - | |
| No longer available | |||
| Sep 19, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed | $455,000 | |
| Listed | |||
| | |||
|
WELCOME TO THE BEST LOCATION ON THE TOCCOA RIVER! 168 ft of river frontage on a Trophy Trout Stream is truly a fisherman's delight. The covered gazebo overlooking the river offers gentle steps leading into the water. One of the best parts about this home is its location on a shallow part of the river that allows endless hours with your chairs in the middle of the river. These shoals are some of the best on the river. Relax on the back porch or jump in the hot tub & enjoy the sounds of nature around you. Custom kitchen, wide plank pines floors & so much more. This home is currently on a VERY successful rental program. Home can also come fully furnished on a separate bill of sale.
| |||
| Feb 22, 2018 | Listed by Century 21 Lindsey and Pauley | $455,000 | |
| Listed by Century 21 Lindsey and Pauley | |||
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Property Highlights
Air Conditioning
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
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Fannin
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Listed by: Salone Griffin, Century 21 Lindsey and Pauley
Last Updated: 3 years ago
Data Source: FMLS, MLS# 5968545
Last Updated: 3 years ago
Data Source: FMLS, MLS# 5968545
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