$262,000
●
House -
Off Market
912 Teepee Way
Statesboro, GA 30461
3 Beds
2 Baths
1,550 Ft²
$1,408
Est. Monthly
8.60%
Cap Rate
About This Property
Current exterior power washing, trim painting and other cosmetic
work being done. Very nice 3 bedroom/ 2 bath house in desirable
subdivision. Separate dining room, large soaking tub and separate
shower in master bathroom, 2 car garage, storage building with
electricity in backyard. Large 1.4 acre lot. Seller designated
closing attorney is Wright and Edwards in Statesboro. Earnest money
will be held by closing attorney. Seller is licensed GA broker
acting as listing agent.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$168
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
1998
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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 #10263442)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by P Cary Real Estate Services | $260,000 | |
| Listed by P Cary Real Estate Services | |||
| Feb 10, 2024 | No longer available | - | |
| No longer available | |||
| Jan 26, 2024 | Listed by South Auction and Realty | $192,500 | |
| Listed by South Auction and Realty | |||
| | |||
|
This home is selling via online auction. Strictly on the south auction website. Offers must be made on the south auction website only. You can view the home by calling the listing agent. The asking price posted is simply the tax value of the home and the home may sell for more or less than that price. The bidding will end on Feb. 7th exclusively on the south auction website. GREAT 3 bed 2 bath home in Old Indian Trail off Burkhalter Road. Ideal for investor, with some cosmetic work needed. Large 1.4 acre subdivision lot. There is no HOA in Old Indian Trail. This property is a unique find and convenient to all of Statesboro via HWY 80 and Burkhalter Rd. The manager has listed the unit size as 1550 square feet.
| |||
| Jun 23, 2006 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Bulloch
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Listed by: Peggy Cary, P Cary Real Estate Services
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10263442
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10263442
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.
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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