Sold
$360,000
7 beds · 3,953 sqft
3380 E Gate Drive, Cumming, GA 30041
Great deal
Priced about $293,154 (45%) below comparable homes. Estimated market value $653,154, based on 17 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This is a fantastic value for the square footage! Home is a 7 bedroom, 4 full bath home on approx half an acre lot. There is a bedroom and full bath on main. Separate formal dining room and a 2-story formal living room, plus you have a family room. Second level has 4 bedrooms and a third level 2 more bedrooms and a loft/exercise/media room if desired! Great Lambert High School district!
PoolBasementGarage
Listing remarks courtesy of Berkshire Hathaway HomeServices Georgia Properties · Sold by ARB REALTY LLC.
· FMLS #5208089$2,461/mo est.
with $36,000 down · $360,000 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
7
Beds
3,953
Sqft
2005
Built
2-car
Garage
1
Fireplaces
Veribas Rental Valuation
If you rented it out · from nearby rentals
$4,000/morange $3,725 – $4,27513.3% gross yield
Based on 7 similar rentals within a mile (4 recently leased).
6 bd · 5 ba · 4,519 sqft · 0.8 mi away$4,195/mo5 bd · 4 ba · 3,225 sqft · 0.2 mi away$3,195/mo6 bd · 4 ba · 3,580 sqft · 1 mi away$3,650/mo5 bd · 3 ba · 3,108 sqft · 0.3 mi away · leased$2,995/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$2,607/mo
Principal & interest$2,101
Property taxes$360
Home insurance$105
HOA$41
Down payment$36,000 (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
Brookwood - ForsythElementary
South ForsythMiddle
LambertHigh
Location
46 for sale 28 pending 12 sold
Listed by
Berkshire Hathaway HomeServices Georgia Properties · Sold by ARB REALTY LLC
Source: FMLS · #5208089
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