$97,500
●
Townhouse -
Off Market
941 Old Mill Point #UNITA
Monroe, GA 30655
3 Beds
3 Baths,
1
Half Bath
1,380 Ft²
$797
Est. Monthly
19.29%
Cap Rate
About This Property
Great Investment opportunity! 2 Story TH that is just minutes away
to historic downtown Monroe and is located in highly sought after
rental community.
Unit Size
1,380 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$83
Property Type
Townhouse
Property Taxes
$232
HOA Dues
-
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: 2 years ago (GAMLS #20173153)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Price Decreased |
$114,900
↓ $5K
(4.2%) | |
| Price Decreased | |||
| Jan 7, 2025 | Price Decreased |
$119,900
↓ $10K
(7.7%) | |
| Price Decreased | |||
| Feb 26, 2024 | Listed by Solutions First Realty LLC | $129,900 | |
| Listed by Solutions First Realty LLC | |||
Property Highlights
Parking Available
Parking Details
Parking Features: None
Interior Details
Full Bathrooms: 0
Half Bathrooms: 0
Interior Features: Other
Living Area: 1380
Living Area Units: Square Feet
Living Area Source: Public Records
Above Grade Finished Area: 1380
Above Grade Finished Area Units: Square Feet
Living Area Source: Public Records
Appliances: Other
Laundry Features: Other
Flooring Type: Other
Exterior Details
Levels: 0
Above Grade Finished Area: 1380
Construction Materials: Other, Brick
Roof: Other
Property Condition: Resale
Year Built: 2006
Financial Details
Parcel Number: M0250118070
Tax Year: 2022
Tax Annual Amount: $2,784
Utilities Details
Cooling: Other
Heating: Other
Water Source: Public
Sewer: Public Sewer
Utilities: Other
Location Details
HOA/Condo/Coop Fee Includes: None
Elementary School: Harmony
Middle Or Junior School: Carver
High School: Monroe Area
Other Details
Listing Contract Date: 2024-02-26
On Market Date: 2024-02-26
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/19/2026
|
4 Bed
|
3 Bath
|
1380 ft²
|
$189,000
4 Bed
3 Bath
1380 ft²
|
-
-
|
Wayne Munnings
Virtual Properties Realty.com
| |
|
12/06/2024
|
3 Bed
|
2 Bath
|
-
|
$119,900
3 Bed
2 Bath
|
$97,500
-18.68%
04/18/2025
|
Nikki Crowder
Solutions First Realty of GA
| |
|
02/26/2024
| |
3 Bed
|
2 Bath
|
-
|
$129,900
3 Bed
2 Bath
|
$97,500
-24.94%
04/18/2025
|
Nikki Crowder
Solutions First Realty of GA
|
|
02/26/2024
|
3 Bed
|
3 Bath
|
1380 ft²
|
$129,900
3 Bed
3 Bath
1380 ft²
|
$97,500
-24.94%
04/18/2025
|
Nikki Crowder
Solutions First Realty of GA
|
Building Info
About Monroe
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Listed by: Nikki Crowder, Solutions First Realty LLC
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 20173153
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 20173153
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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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