Sold Price cut: $55,000 (6/10)
$2,095,000
5 beds · 6 baths · 6,829 sqft
4685 Palmetto Lane, Cumming, GA 30041
Overpriced
Priced about $1,164,981 (125%) above comparable homes. Estimated market value $930,019, based on 5 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Gracious lakefront living meets timeless Southern charm in the exclusive gated community of Hickory Lakeside on Lake Lanier. This home comes with an assigned END UNIT boat slip, perfectly positioned on DEEP WATER with open views of the lake—ideal for easy boating days, sunset cruises, and long weekends spent on the water.
With over 6,800 square feet of thoughtfully designed…
· FMLS #7781333770-846-6444
$14,324/mo est.
with $209,500 down · $2,095,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
5
Beds
6
Baths
6,829
Sqft
2019
Built
0.65 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$7,150/morange $6,650 – $7,6504.1% gross yield
Based on 5 similar rentals within 5 mi (2 recently leased).
5 bd · 4 ba · 3,793 sqft · 3.6 mi away$3,600/mo4 bd · 3 ba · 4,104 sqft · 3.1 mi away · leased$4,554/mo5 bd · 4 ba · 4 mi away · leased$3,200/mo4 bd · 3 ba · 3.8 mi away$2,800/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$15,435/mo
Principal & interest$12,229
Property taxes$2,095
Home insurance$611
HOA$500
Down payment$209,500 (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
Estimated valueListed for salePrice cut
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Schools
Chattahoochee - ForsythElementary
Little MillMiddle
East ForsythHigh
Location
42 for sale 6 pending 12 sold
Listed by
Keller Williams Realty Atlanta Partners · Sold by Atlanta Communities
Source: FMLS · #7781333
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