$399,000
●
House -
Off Market
770 Markhams Drive #9
Madison, GA 30650
3 Beds
3 Baths,
1
Half Bath
$439,581
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
White Oak Preserve, Conservation neighborhood in downtown Madison.
Only 2 lots left. Not many opportunities left in this popular
neighborhood. This is a livable floor plan, hardwood floors
in living areas, quartz counter tops in kitchen and baths. Tiled
master shower. tiled bathroom and laundry room floors. Simple and
elegant, this house is bright and open with a lot of natural light.
Plus a Basement! This is a neighborhood with covenants, but no
HOAs. Newly installed charter cable for high speed internet.
Private backyard. Please note, 2020 taxes haven't been calculated
yet as property is under construction. A must see just outside
historic district and a walk to historic downtown square. Please
note this home will have a front entry garage unlike what the
plan shows.
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2021
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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 (GAMLS #9027458)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 31, 2021 | Sold | ||
| Sold | |||
| Aug 3, 2021 | Listed by Madison Realty | $399,000 | |
| Listed by Madison Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Attached, Garage
Total Parking Spaces: 2
Interior Details
Main Level Bedrooms: 1
Full Bathrooms: 0
Half Bathrooms: 0
Main Level Bathrooms: 1
Interior Features: Double Vanity, Separate Shower, Master On Main Level
Living Area Source: Builder
Living Area Source: Builder
Fireplaces: 1
Fireplace Features: Living Room
Appliances: Dishwasher, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
Laundry Features: Other
Flooring Type: Hardwood, Tile
Exterior Details
Levels: 0
Construction Materials: Concrete
Property Condition: Under Construction
Year Built: 2021
Financial Details
Parcel Number: M19 130
Tax Year: 2020
Utilities Details
Cooling: Electric, Central Air
Heating: Electric, Central
Water Source: Public
Sewer: Public Sewer
Utilities: Sewer Connected
Green Energy Efficient: Insulation
Location Details
HOA/Condo/Coop Fee Includes: None
Elementary School: Morgan County Primary/Elementa
Middle Or Junior School: Morgan County
High School: Morgan County
Other Details
Listing Contract Date: 2021-08-03
On Market Date: 2021-08-03
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/26/2022
| |
3 Bed
|
2.5 Bath
|
2164 ft²
|
$569,000
3 Bed
2.5 Bath
2164 ft²
|
-
-
|
Celia Visscher
McGinnis Realty & Appraisals
|
|
08/13/2021
| |
3 Bed
|
3 Bath
|
1800 ft²
|
$399,000
3 Bed
3 Bath
1800 ft²
|
$399,000
12/30/2021
|
CHRIS HODGES
Madison Realty Inc
|
|
08/03/2021
|
3 Bed
|
3 Bath
|
-
|
$399,000
3 Bed
3 Bath
|
$399,000
12/31/2021
|
Chris Hodges
Madison Realty
|
Building Info
About Madison
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Listed by: Chris Hodges, Madison Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 9027458
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 9027458
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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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