Sold Price cut: $50,000 (8/16)
$600,000
3 beds · 2,880 sqft
3840 Adams Road, Cumming, GA 30041
Great deal
Priced about $71,677 (11%) below comparable homes. Estimated market value $671,677, based on 14 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Rare lake house on a flat lot with a mowing permit from the house to the waterline. Deep water regardless of how far the lake goes down. (You do have to push the dock out.) Two bedrooms and a full bath upstairs, master suite on the main. Originally built in 1976 but extensive renovations give it an effective build date of about 2000. Hugh (10'X28') screen porch across the…
PoolBasementGarageNo HOARenovated
Home details
3
Beds
2,880
Sqft
1976
Built
0.46 ac
Lot
2-car
Garage
Veribas Rental Valuation
If you rented it out · from nearby rentals
$3,225/morange $3,000 – $3,4506.5% gross yield
Based on 10 similar rentals within 2 mi (4 recently leased).
Home facts
Payment calculator
$4,277/mo
Principal & interest$3,502
Property taxes$600
Home insurance$175
Down payment$60,000 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
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Schools
Chattahoochee - ForsythElementary
Little MillMiddle
Forsyth CentralHigh
Location
31 for sale 9 pending 12 sold
Listed by
Berkshire Hathaway HomeServices Georgia Properties · Sold by The Home Market
Source: FMLS · #5835352
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