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Henry 30248
885 Laney Road
$274,500
● House - Off Market

885 Laney Road

Locust Grove, GA 30248
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,079 Ft²
$1,720
Est. Monthly
6.29%
Cap Rate

About This Property

This property has been placed in an upcoming event. All bids should be submitted at Xome.com void where prohibited. Please submit any pre-auction offer received through the property details page on Xome.com. Any post-auction offers will need to be submitted directly to the listing agent. Response within 3 business days. All properties are subject to a 5% buyer s premium pursuant to the Auction Participation Agreement and Terms & Conditions minimums will apply. Please contact listing agent for details
Unit Size
2,079 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$132
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
2003

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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: 2 years ago (GAMLS #10452261)

Price History

Date / Event Date Event Price
Mar 28, 2025 Sold
Premium
Sold
Feb 14, 2025 In contract -
In contract
Jul 22, 2024 Listed by Emptor Primus LLC $274,900
Listed by Emptor Primus LLC
Jan 20, 2017 Sold
Premium
Sold
Apr 15, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 4
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,164
  • Total Building Area: 2,028
  • Gross Building Area: 2,655
  • Building Area: 2,028
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,028
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NOT SHOWN
  • Land Acres: 0000002001
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LLOT: 209 LDIST:7 LOT:4

Neighborhood

  • School District Name: Henry County School District
  • Census Tract: 070408

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: MB 35 PG 42
  • District: 7
  • Parcel: 157-01020010
  • Lot: 209
  • Municipality: UNINCORP
  • Latitude: 33.4036
  • Longitude: -84.0485

    Address

  • Full Address: 885 Laney Rd
  • Address - House Number: 885
  • Address - Street Name: Laney
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Locust Grove
  • Carrier Code: R002
  • 4-Digit Zip Code: 2265
  • Zip Code: 30248

Valuation

    Tax

  • Total Area: 2,079
  • Tax Year: 2023
  • Tax Amount: $447,130
  • Tax Rate Code Area: 0001

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 79
  • Final Value: 321,099
  • High Value: 374,117
  • Low Value: 268,081

    Market Valuation

  • Market Total Value: $288,800
  • Market Land Value: $32,300
  • Market Improvement Value: $256,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,520
  • Assessed Land Value: $12,920
  • Assessed Improvements Value: $102,600

    Sales

  • Current Sale Contract Date: Jan 20, 2017
  • Current Sale Recording Date: Jan 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017-000456
  • Previous Sale Recording Date: Apr 15, 2010
  • Previous Sale Contract Date: Apr 09, 2010
  • Previous Sale Amount: $149,500
  • Previous Sale Document Type: 27
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 Henry

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$153

Below Asking

0.02%

Average Days on Market

83

Average Home Size

2513 ft²

Average Home Age

21.7 years

Currently For Sale

1486 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: John Johnson, Emptor Primus LLC
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10452261
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 885 Laney Road built and last sold?
The property at 885 Laney Road was built in 2003 and last sold on Jan 20, 2017 for $136,300.
How much is this home worth?
The estimated value of the home located at 885 Laney Road is $0.
What are some comparable homes to 885 Laney Road?
There are currently no comparable homes to 885 Laney Road.
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