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Forsyth 30506
8415 Emerald Pointe Lane
$339,000
● House - Off Market

8415 Emerald Pointe Lane

Gainesville, GA 30506
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,280 Ft²
$1,878
Est. Monthly
8.43%
Cap Rate

About This Property

if you are looking for privacy without sacrificing convenience and location, this home is for you! Located in the Emerald Pointe community of Forsyth County, this beautiful home sits on a large, wooded, residential lot. A small creek runs through the back of the property in a very private setting. The home features 3 bedrooms and 2 baths on the main level, and a 4th bedroom or flex space in the finished lower level. The kitchen has been updated to include new hardware and granite countertops. 2 levels of decking provide a perfect place for entertaining or relaxation. The lower level also offers an abundance of storage and garage space. This home is priced to sell in a Great location, with Forsyth County Schools, tons of privacy, oh and NO HOA!
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$265
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1995

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (GAMLS #10188864)

Price History

Date / Event Date Event Price
Jan 18, 2024 Sold
Premium
Sold
Aug 4, 2023 Listed by Coldwell Banker Realty $339,000
Listed by Coldwell Banker Realty
Jul 23, 2010 Sold
Premium
Sold
Feb 19, 2010 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 42
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 702
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,541
  • Total Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD POINTE
  • Land Acres: 0000000770
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 14-1 1228 LOT 6 EMERALD POINTE

Neighborhood

  • School District Name: Forsyth County School District
  • Census Tract: 130104

Zoning

  • Zoning: R2R

Geography

  • Parcel: 319 196
  • Lot: 6
  • Municipality: COUNTY
  • Latitude: 34.252
  • Longitude: -83.974

    Address

  • Full Address: 8415 Emerald Pointe Ln
  • Address - House Number: 8415
  • Address - Street Name: Emerald Pointe
  • Address - Suffix Type: Ln
  • State: GA
  • City Name: Gainesville
  • Carrier Code: R039
  • 4-Digit Zip Code: 6751
  • Zip Code: 30506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $227,027

    Appraisal Valuation

  • Standard Deviation: 0.0679
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 96
  • Final Value: 329,965
  • High Value: 352,388
  • Low Value: 307,543

    Market Valuation

  • Market Total Value: $324,880
  • Market Land Value: $100,000
  • Market Improvement Value: $224,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,952
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $89,952

    Sales

  • Current Sale Contract Date: Jan 16, 2024
  • Current Sale Recording Date: Jan 18, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Previous Sale Recording Date: Jul 23, 2010
  • Previous Sale Contract Date: Apr 29, 2010
  • Previous Sale Amount: $113,400
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Transaction Date:
    Premium
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 Forsyth

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$222

Below Asking

0.02%

Average Days on Market

76

Average Home Size

3036 ft²

Average Home Age

15.9 years

Currently For Sale

1431 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

Rentals Near You

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GAMLS

Listed by: Sam Nissen, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10188864
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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.

Frequently Asked Questions

When was property at 8415 Emerald Pointe Lane built and last sold?
The property at 8415 Emerald Pointe Lane was built in 1995 and last sold on Jan 16, 2024 for $339,000.
How much is this home worth?
The estimated value of the home located at 8415 Emerald Pointe Lane is $0.
What are some comparable homes to 8415 Emerald Pointe Lane?
There are currently no comparable homes to 8415 Emerald Pointe Lane.
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