825 Forest Lake Drive S
Macon, GA 31210
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1965 build
- – on site
This North Macon duplex is suited for owner occupied or individual with a real estate portfolio. The 1109 Valley Rd Unit was built recently and is occupied with a 12 month lease agreement. Renters pay in that unit pay $1,220 per month. The 825 S Forest Lake Dr S unit is owner occupied. This rent estimate for this unit is $1,750 or more. And, the math is very simple and easily understood that your investment is good. For instance, at 10% down on a 30yr conventional loan, you are looking at $13,455 return per year on your investment. Giving the interest rate today, you can get 6.5% or lower interest rate. So, financing about 292.5k for 30 yrs at 6.5%, your mortgage is $1,848.80 per month and your rental income is $2,970. Your monthly ROI is $1,121.20.
Listing courtesy of GAMLS / David Nasulme / Jubilee Real Estate, Inc.
Last checked:
Checking…
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Last updated Dec 8, 2024
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MLS# 10364963 —
The Building
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Year Built:1965
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Construction Materials:Block, Brick, Vinyl Siding
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Structure Type:Duplex
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Levels:Multi/Split
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Basement:Bath Finished, Daylight, Exterior Entry, Finished, Interior Entry
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Foundation Details:Block, Slab
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# of Units Total:2
Interior
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Total Fireplaces:1
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Green Energy Efficient:Doors, Insulation, Windows
Location
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Latitude:32.888777
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Longitude:-83.700605
The Property
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Property Type:Residential Income
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Property Condition:Resale
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Lot Size Acres:0.44
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Lot Size Source:Public Records
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Parcel Number:M0520070
Listing Agent
- Contact info:
- Agent phone:
- (678) 458-6354
- Office phone:
- (678) 458-6354
Taxes
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Tax Year:2023
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Tax Annual Amount:$1,480.34
Heating & Cooling
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Heating:Central, Electric, Forced Air, Heat Pump
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Cooling:Attic Fan, Ceiling Fan(s), Central Air, Dual, Electric, Heat Pump, Zoned
Utilities
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Utilities:Electricity Individual Meters, Sewer Connected, Underground Utilities, Water Individual Meters
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Laundry Features:In Unit
Schools
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Elementary School:M Lane
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Middle School:Howard
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High School:Howard
The Community
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Subdivision:None
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Community Features:None
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Association:No
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Association Fee Includes:None
Parking
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Parking Features:Attached, Carport, Detached, Garage, Garage Door Opener, Off Street, Side/Rear Entrance
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Parking Total:8
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/5/24
Dec 5, 2024
|
Price Changed | GAMLS | $329,000 | 1.2% |
10/14/24
Oct 14, 2024
|
Price Changed | GAMLS | $325,000 | -1.2% |
10/11/24
Oct 11, 2024
|
Price Changed | GAMLS | $329,000 | -1.8% |