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$60,000
● Land - Off Market

Smith Loop #41B

Demorest, GA
bedrooms
Studio
bathrooms
0 Bath
$61,374
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

This 4+ Acres has road frontage on 3 different roads, Smith Loop, Soque Trails and Spring Branch.  The creek is the line on Spring Branch.  Several different areas on this property to build a home.  There is approximately 200' of road frontage on Smith Loop.  This lot is located in the subdivision of Soque Trails so there are restrictions , (NO MOBILE HOMES ALLOWED)   Located in a great area for easy commute to Clarkesville, Cornelia, Demorest, and Hwy 365 .  Don't miss this great opportunity to build your dream home.  Soque River Access from the community area.
Unit Size
-
Days on Market
-
Land Size
4.81 acres
Price per sqft
-
Property Type
Land
Property Taxes
$35
HOA Dues
$25
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 #9064737)

Price History

Date / Event Date Event Price
May 6, 2022 Sold
Premium
Sold
Oct 11, 2021 Listed by Bonnie Mull Realty, Inc. $60,900
Listed by Bonnie Mull Realty, Inc.

Property Highlights

Financial Details
Parcel Number: 043 145B
Tax Year: 2020
Tax Annual Amount: $424
Utilities Details
Water Source: None
Sewer: None
Utilities: Electricity Available, High Speed Internet, Phone Available, Underground Utilities, Water Available
Location Details
Elementary School: Fairview
Middle Or Junior School: North Habersham
High School: Habersham Central
Other Details
Listing Terms: Cash, Conventional
Listing Contract Date: 2021-10-11
On Market Date: 2021-10-11

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

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GAMLS

Listed by: Bonnie Mull, Bonnie Mull Realty, Inc.
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 9064737
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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