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$16,000
● Land - Off Market

Saddleback Circle

Sky Valley, GA
bedrooms
Studio
bathrooms
0 Bath
$18,610
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Easy access to this City of Sky Valley lot. Convenient to the Clubhouse, golf course, parks, and pool from a golf cart. The land lays gently on a small knoll and probably has a good view once trees are clear. Has city water access and you will need Soil work done to get a septic permit, but this would be a great investment piece. It looks as though there has been some grading work done already. The seller inherited the property and has never been there, so there is no Disclosure Statement.
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$16
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #10047019)

Price History

Date / Event Date Event Price
Aug 12, 2022 Sold
Premium
Sold
May 11, 2022 Listed by Poss Realty $18,000
Listed by Poss Realty

Property Highlights

Financial Details
Parcel Number: 058A 262
Tax Year: 2021
Tax Annual Amount: $192
Utilities Details
Water Source: Public
Sewer: None
Utilities: Electricity Available, High Speed Internet
Location Details
Elementary School: Rabun County Primary/Elementar
Middle Or Junior School: Rabun County
High School: Rabun County
Other Details
Listing Contract Date: 2022-05-11
On Market Date: 2022-05-12

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

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GAMLS

Listed by: Penelope Ramey, Poss Realty
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 10047019
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.
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