Sold Price cut: $105,000 (10/27)
$1,195,000
5 beds · 8 baths · 8,581 sqft
120 ISLAND COVE Drive, Newnan, GA 30263
Great deal
Priced about $1,031,606 (46%) below comparable homes. Estimated market value $2,226,606, based on 25 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Discover your own slice of paradise at this extraordinary lakefront estate nestled on over two acres of meticulously maintained grounds. This stunning all-brick traditional home offers an impressive 6,990 square feet of refined living space, featuring five generous bedrooms and eight thoughtfully designed bathrooms that seamlessly blend luxury with comfort. Step through the…
Home details
5
Beds
8
Baths
8,581
Sqft
1998
Built
2.4 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$5,875/morange $5,475 – $6,2755.9% gross yield
Based on 3 similar rentals within 10 mi (1 recently leased).
6 bd · 5 ba · 4.1 mi away$8,000/mo5 bd · 4 ba · 4,623 sqft · 6.2 mi away$4,200/mo4 bd · 3 ba · 4,655 sqft · 6.5 mi away · leased$2,500/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$8,620/mo
Principal & interest$6,976
Property taxes$1,195
Home insurance$349
HOA$100
Down payment$119,500 (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 sale
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Schools
Brooks - CowetaElementary
MadrasMiddle
NewnanHigh
Location
7 for sale 1 pending 12 sold
Listed by
Coldwell Banker Realty · Sold by Berkshire Hathaway HomeServices Georgia Properties
Source: FMLS · #7653493
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