$925,000
●
House -
Off Market
89 Heritage Point
Morganton, GA 30560
5 Beds
0 Bath
3,040 Ft²
$1,648,879
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Fantastic opportunity to own a very private lake front retreat. As
you come through the front door you are greeted with a massive
stone fireplace, high vaulted ceilings with a view of the lake.
Spacious kitchen with plenty of counter space and cabinets open to
the dining area and great room. Private master on the main with
french doors leading to an open deck with views of the lake.
Upstairs there are 2 spacious bedrooms and bath. T
Unit Size
3,040 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$359
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
2007
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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 #6019037)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2018 | Sold | ||
| Sold | |||
| Sep 6, 2018 | No longer available | - | |
| No longer available | |||
| Aug 25, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Listed | $1,090,000 | |
| Listed | |||
| | |||
|
Fantastic opportunity to own a very private lake front retreat. As you come through the front door you are greeted with a massive stone fireplace, high vaulted ceilings with a view of the lake. Spacious kitchen with plenty of counter space and cabinets open to the dining area and great room. Private master on the main with french doors leading to an open deck with views of the lake. Upstairs there are 2 spacious bedrooms and bath. The terrace level offers a full den with stone fireplace, wet bar, 2 additional bedrooms and bath. Enjoy your time on the lake with your 2 boat slip party dock. Great for a full time residence or weekend retreat. Situated only a couple of miles from the Marina and downtown BR. The manager has listed the unit size as 3040 square feet.
| |||
| Jun 19, 2018 | Listed | $1,090,000 | |
| Listed | |||
| | |||
|
Fantastic opportunity to own a very private lake front retreat. As you come through the front door you are greeted with a massive stone fireplace, high vaulted ceilings with a view of the lake. Spacious kitchen with plenty of counter space and cabinets open to the dining area and great room. Private master on the main with french doors leading to an open deck with views of the lake. Upstairs there are 2 spacious bedrooms and bath. The terrace level offers a full den with stone fireplace, wet bar, 2 additional bedrooms and bath. Enjoy your time on the lake with your 2 boat slip party dock. Great for a full time residence or weekend retreat. Situated only a couple of miles from the Marina and downtown BR.
| |||
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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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Type
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Baths
ft²
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About Fannin
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Listed by: Douglas Morgan, RE/MAX TOWN AND COUNTRY
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6019037
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6019037
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