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House (02) in Hampton

"Darling 4BR 3BATH spacious split level home. Floor plan offers formal DR, Vaulted Living/family room, finished lower level that sits on a huge, level lot and yard. Enjoy Henry County Schools and Suburban living!"Georgia MLS

  • Cable-ready
  • Central A/C
  • Central heat
  • Dining room
  • Dish Washer
  • Garbage disposal
  • Ceiling Fan
  • Fireplace
  • Hardwood, Tile
  • Laundry room
  • Living room
  • Master bath
  • Vaulted ceilings
  • Porch
  • Refrigerator
  • Stove/Oven
  • Washer
  • Yard
  • Parking: Garage

Pics

History

This is our fourth property in Atlanta purchased December 2012. It was a short sale: the seller needed to avoid foreclosure and the bank needed to recover a portion of its mortgage liability. It took some negotiation and a little over a month to renovate. The property has been under lease since 2013 and was sold in sold in 2020.

Additional Info

  • Facts:
    TypeSingle Family
    Price (in 2013)$65,000
    Add Costs (fees/renovation)$2,800
    Yr Built2005
    SQFT2045
    Bed/Bath4/2.5
    AreaHenry County
    Area Build Cost (avg)>$100/sqft
    Est. Cost to Build$204,500
    Hold Strategy (Term)5 years
    Est. Revenue (5 years)$48,713
    Current Lease (Rental)1 year
    Est. Market Value (current)$115,000
    Est. Growth (Market)8.0% /yr
    Sale Price (Est. in 2018)$168,973
    ROI [see proforma]221.07%
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