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$332,500

For Sale - Active
214 Kensington Trce, Stockbridge, GA 30281
4 Beds
0 Baths
2,308 Square Feet
0.00 Acres Lot
Built in 1995
For Sale - Active
Units n/a
Checked: 1 day ago
Updated: Jul 17, 2025 at 03:57AM

Investment Summary


Monthly Cash Flow
-$594
Cap Rate
4.0%
Cash-on-Cash Return
-9.3%
Debt Coverage Ratio
0.65
Internal Rate of Return (5 years)
-5.0%

Property Description


0.00 Acres Lot
Built in 1995
For Sale - Active
Units n/a

Welcome to this 4-bedroom, 2.5-bath, 2,308 sqft single-family home nestled in the highly desirable Parkside community. This stunning two-story residence combines style and comfort with a beautiful blue exterior, accented by white trim and a welcoming front porch with elegant columns. The meticulously maintained front yard, lush with greenery and manicured bushes, offers inviting outdoor enjoyment, while a spacious two-car garage provides convenient parking. Multiple saddled and a pitched roof add architectural elegance, giving this home exceptional curb appeal. Step inside to a spacious, open living room featuring light brown walls, a subtle textured ceiling, and two ceiling fans with lights for enhanced comfort. Wood-like flooring lends warmth, while large windows with white blinds fill the room with natural light, creating an inviting ambiance. This flexible, open layout is perfect for both relaxation and entertaining, with a staircase featuring white railings leading to the upper floor, adding a touch of sophistication. At the heart of the home, the modern kitchen shines with sleek white cabinetry, countertops, and top-of-the-line stainless steel appliances, including a refrigerator with water and ice dispenser, a gas stove, and a microwave. A large island serves as an ideal prep space and casual dining spot, while a mosaic tile backsplash in warm tones adds an elegant accent. Ample natural light fills the room through a window above the sink and double doors leading to additional spaces, making this kitchen a welcoming hub for cooking and gathering. Adjacent to the kitchen, the dining room offers an elegant space with neutral beige walls, white trim, and a charming chair rail. Two large windows with white blinds allow natural light to enhance the room's warm and welcoming atmosphere, while a sophisticated chandelier and dark floors create an inviting setting for family meals and entertaining guests. The spacious primary bedroom serves as a tranquil sanctuary with soft beige walls, white trim, and ample room for a king-sized bed and additional furniture. Light floods through a large window dressed with white curtains, while a ceiling fan with an overhead light ensures comfort. This room's restful ambiance provides the perfect retreat for unwinding. The luxurious primary bathroom feels like a spa with a double-sink vanity, sleek white countertops, and chrome faucets. Two large mirrors with light fixtures offer excellent illumination, while a glass-enclosed shower and a separate bathtub with a tiled surround create a serene environment. The bathroom also provides easy access to a walk-in closet with built-in shelving, ideal for organized storage. Experience the beauty and comfort of this exceptional property in Parkside! Schedule your private showing today and envision your life in this inviting and stylish home.

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Location


Property Details


Parking

  • Description: Attached, Garage
  • Details: Attached, Garage
  • Garage Spaces: 2
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 0.0

Interior Features

  • # of Rooms: 8
  • # of Stories: 2
  • Basement Description: None
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Siding (Alum/Vinyl)
  • Foundation: Slab
  • Roof Type: Hip
  • Roof Material: Composition

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 070B01069000
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 1995

Tax Information

  • Annual Tax: $5,732

Utilities

  • Water & Sewer: Public
  • Heating: Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Henry

Listing Details


Listed by:
Jocelynn Vitar
eXp Realty
(888) 959-9461

Source:
Georgia MLS
MLS#: 10413675
Georgia MLS

Investment Summary


Monthly Cash Flow
-$594
Cap Rate
4.0%
Cash-on-Cash Return
-9.3%
Debt Coverage Ratio
0.65
Internal Rate of Return (5 years)
-5.0%

Purchase Details

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Purchase price:
$332,500
Amount financed:
-$266,000
Down payment:
$66,500
Closing costs:
$9,975
Rehab costs:
$0
Initial cash invested:
$76,475
Square feet:
2,308
Cost per square foot:
$144
Monthly rent per square foot:
$1.00

Financing Details

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Loan amount:
$266,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,703
Property tax:
$478
Insurance:
$161
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,342

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,300 $27,600
Vacancy loss: (6%)
6% -$138 -$1,656
Operating income:
$2,162 $25,944

Operating Expenses


% Rent Monthly Yearly
Property taxes: (21%)
21%-$478-$5,732
Insurance: (7%)
7%-$161-$1,932
Property management: (8%)
8%-$184-$2,208
Repairs & maintenance: (5%)
5%-$115-$1,380
Capital expenditures: (5%)
5%-$115-$1,380
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (46%)
46%-$1,053-$12,632

Cash Flow


Monthly Yearly
Net operating income:
$1,109 $13,308
Mortgage payments:
-$1,703 -$20,436
Cash flow:
$594 $7,128