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Franklin 30530
946 Cedar Ridge Road
Listing Courtesy of: Rose Espinosa, Virtual Properties Realty.com
$390,000
● House - Off Market

946 Cedar Ridge Road

Commerce, GA 30530
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,420 Ft²
$2,193
Est. Monthly
5.90%
Cap Rate

About This Property

Immaculately Maintained 3 Bedroom, 2 Bath Ranch with Full Basement on 3 Acres. Kitchen has beautifully crafted cabinetry includes built in wall oven, butler's pantry and eat in bar with view to Great Room that features a Beautiful Brick Fireplace with Masonry wood Insert. Enjoy your morning coffee in the Sunroom overlooking the serene 3 acres. Ginormous Master Bedroom with Renovated Bathroom includes Zero Entry Tile Shower, Walk in Closet. Oversized Secondary Bedrooms. Acreage offers Tranquility at it's finest with Pecan Trees Galore and Beautiful Landscaping. Hurry don't want to miss this opportunity.
Unit Size
2,420 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$176
Property Type
House
Property Taxes
$107
HOA Dues
-
Year Built
-

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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: 3 years ago (FMLS #7418973)

Price History

Date / Event Date Event Price
Sep 23, 2024 Sold
Premium
Sold
Aug 19, 2024 In contract -
In contract
Aug 10, 2024 Relisted $424,800
Relisted
Jul 30, 2024 In contract -
In contract
Jul 11, 2024 Listed by Virtual Properties Realty.com $424,800
Listed by Virtual Properties Realty.com
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 7
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,598,354
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000059650
  • Standard Land Use Code: 7009
  • County Land Use Code: V5
  • Legal Description 1: 59.65 AC CEDAR RIDGE RD

Neighborhood

  • School District Name: Franklin County School District
  • School Tax School District: COUNTY
  • Census Tract: 890201

Zoning

  • Zoning: 007

Geography

  • Account Number: 2657
  • Parcel: 012-067
  • Municipality: CARNESVILLE
  • Latitude: 34.3396
  • Longitude: -83.3561

    Address

  • Full Address: 946 Cedar Ridge Rd
  • Address - House Number: 946
  • Address - Street Name: Cedar Ridge
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Commerce
  • Carrier Code: R003
  • 4-Digit Zip Code: 7336
  • Zip Code: 30530

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $58,685
  • Tax Rate Code Area: 01

    Market Valuation

  • Market Total Value: $264,867
  • Market Land Value: $254,579
  • Market Improvement Value: $10,288

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,947
  • Assessed Land Value: $101,832
  • Assessed Improvements Value: $4,115

    Sales

  • Current Sale Contract Date: Jan 08, 2021
  • Current Sale Recording Date: Jan 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-000019
  • Previous Sale Recording Date: Mar 02, 2006
  • Previous Sale Contract Date: Mar 02, 2006
  • Previous Sale Amount: $165,000
  • 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 Franklin

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$180

Below Asking

0.03%

Average Days on Market

96

Average Home Size

2018 ft²

Average Home Age

30.2 years

Currently For Sale

145 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

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FMLS

Listed by: Rose Espinosa, Virtual Properties Realty.com
Last Updated: 3 years ago
Data Source: FMLS, MLS# 7418973
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2026 FMLS.

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Frequently Asked Questions

When was property at 946 Cedar Ridge Road built and last sold?
The property at 946 Cedar Ridge Road was built in and last sold on Jan 8, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 946 Cedar Ridge Road is $429,944.
What are some comparable homes to 946 Cedar Ridge Road?
There are currently no comparable homes to 946 Cedar Ridge Road.
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