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Newton 30016
80 STONE RIDGE Way
Listing Courtesy of: Michelle Sanders, Realty One Group Edge
$200,000
● House - Off Market

80 STONE RIDGE Way

Covington, GA 30016
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,972 Ft²
$267,596
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

This is the home in Covington that you've been looking for! With 3 bedrooms and 2.5 bathrooms, and windows strewn throughout the main areas and bedrooms of this home, you'll love how spacious and well-lit this home is. The island in the kitchen is a perfect size, with a breakfast bar and updated cabinetry providing plenty of space. The primary bedroom includes a great ceiling fan, a walk-in closet and an ensuite bathroom with a separate tub/shower, as well as a double vanity. A great home like this won't last for long!
Unit Size
1,972 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$109
Property Type
House
Property Taxes
$164
HOA Dues
$13
Year Built
2006

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Cap Rate Calculator

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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 #6822585)

Price History

Date / Event Date Event Price
Mar 4, 2021 Sold
Premium
Sold
Dec 29, 2020 Listed by Realty One Group Edge $215,200
Listed by Realty One Group Edge
Nov 30, 2020 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,972
  • Building Area: 1,972
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,972
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONE RIDGE
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: R3
  • Legal Description 1: LT 36 STONE RIDGE PH2

Neighborhood

  • School District Name: Newton County School District
  • School Tax School District: 1
  • Census Tract: 100600

Zoning

  • Zoning: R1

Geography

  • Account Number: 25202
  • Subdivision Phase Number: 2
  • Parcel: 0064D-00000-068-000
  • Lot: 36
  • Municipality: COUNTY
  • Latitude: 33.5604
  • Longitude: -83.8746

    Address

  • Full Address: 80 Stone Ridge Way
  • Address - House Number: 80
  • Address - Street Name: Stone Ridge
  • Address - Suffix Type: Way
  • State: GA
  • City Name: Covington
  • Carrier Code: R009
  • 4-Digit Zip Code: 6918
  • Zip Code: 30016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $241,387
  • Tax Rate Code Area: TAX DISTRI

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 286,006
  • High Value: 339,384
  • Low Value: 232,628

    Market Valuation

  • Market Total Value: $268,200
  • Market Land Value: $18,000
  • Market Improvement Value: $250,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,280
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $100,080

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 04, 2021
  • Current Sale Recording Date: Mar 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-001146
  • Previous Sale Recording Date: Nov 30, 2020
  • Previous Sale Contract Date: Nov 30, 2020
  • Previous Sale Amount: $195,325
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Newton

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$159

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2152 ft²

Average Home Age

30.1 years

Currently For Sale

913 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3 Beech Street, Porterdale, GA, 30014

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
3 Beech Street, Porterdale, GA, 30014
Unit for rent at 9169 Lakeview Drive Sw, Covington, GA, 30014

$1,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,380 ft²
9169 Lakeview Drive Sw, Covington, GA, 30014

Rentals Near You

Click here to view more rentals in the neighborhood.
FMLS

Listed by: Michelle Sanders, Realty One Group Edge
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6822585
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2026 FMLS.

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Frequently Asked Questions

When was property at 80 Stone Ridge Way built and last sold?
The property at 80 Stone Ridge Way was built in 2006 and last sold on Mar 4, 2021 for $200,000.
How much is this home worth?
The estimated value of the home located at 80 Stone Ridge Way is $0.
What are some comparable homes to 80 Stone Ridge Way?
There are currently no comparable homes to 80 Stone Ridge Way.
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