Fully Furnished Short-Term Rental
For Sale
$1,199,000
297 Fairview Court, Jasper, GA 30143
Residential Income, Jasper, GA
Property Size6,150 SF
Lot Size0.47 Acres
Price / SF$194.96
Days on Market320
Property Features for 297 Fairview Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
6
Parking features
Driveway, Garage
Window features
Insulated Windows
Subdivision
Bent Tree
Lot features
Cul-De-Sac
Elementary school
Tate
Middle school
Jasper
High school
Pickens
Directions
GPS Friendly! Go Hwy 575 N to Hwy 515. Turn RIGHT onto Waleska Hwy 108 toward Tate. (WATCH YOUR SPEED LIMIT IN SCHOOL ZONE!!!) Turn LEFT onto McClain Mountain Road. Take immediate LEFT onto McClain Mountain Road. Turn LEFT onto Cove Road. Turn RIGHT onto Bent Tree Drive. Continue onto Little Pine Mtn. Road for 0.3 miles. Turn LEFT onto Fairway Drive for 0.5 miles. Turn RIGHT onto Fairview Court. (Less than 1 mile, ONLY 4 Minutes from Front Gate!)
Standard status
Active
APN
027A 635
Lot size
0.47 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3062
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
mountain views
spa-style baths
private screened decks
open-concept main living area
designer finishes
quartz countertops
custom cabinetry
statement tilework
luxury vinyl plank flooring
updated plumbing and electrical
new HVAC systems
new windows
LED lighting
whole-house generator
new architectural roof
two-level Trex decking
outdoor dining and lounge areas
hot tub
fire pit
custom cornhole court
stone fireplaces
private lake access
golf course
clubhouse with restaurant and bar
tennis
pickleball
equestrian facilities
hiking trails
Building Details
Year built
1998
Floors in Building
3
Number of units
1
Building materials
Cement Siding, Stone
Roof type
Composition
Listing Agency:
Keller Williams Realty Community Partners
(678) 341-7400
Listed By:
Joseph Benedetto · License #383065
(678) 341-7409
Added: Oct 9, 2025
Changed: Aug 19
Last Checked: Aug 24 at 8:06PM
MLS# 7663238
Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Fully renovated Bent Tree short-term rental estate offering 6,150 sq. ft. of living space with 5 bedrooms and 4.5 baths. The home includes multiple gathering spaces and is being offered fully furnished and turnkey, providing an at-home layout designed for hosting. Updates reported include new HVAC systems, new windows, updated plumbing and electrical, LED lighting, a whole-house generator, and a new architectural roof with lifetime warranty. Interior finishes include quartz countertops, custom cabinetry, statement tilework, and luxury vinyl plank flooring.
Outdoor living is built around a two-level Trex deck with outdoor dining and lounge areas, plus amenities that support guest stays such as a hot tub and fire pit. The property also features a custom cornhole court and two new stone fireplaces with modern inserts, along with a private screened deck tied to the home’s primary suites.
For the broader community experience, residents and guests in Bent Tree have access to a 104-acre private lake, golf course, clubhouse with restaurant and bar, tennis, pickleball, equestrian facilities, and hiking trails. Rental performance is noted at approximately 65% occupancy, with an estimated 20+ guest hosting capacity.
Outdoor living is built around a two-level Trex deck with outdoor dining and lounge areas, plus amenities that support guest stays such as a hot tub and fire pit. The property also features a custom cornhole court and two new stone fireplaces with modern inserts, along with a private screened deck tied to the home’s primary suites.
For the broader community experience, residents and guests in Bent Tree have access to a 104-acre private lake, golf course, clubhouse with restaurant and bar, tennis, pickleball, equestrian facilities, and hiking trails. Rental performance is noted at approximately 65% occupancy, with an estimated 20+ guest hosting capacity.
Key Highlights
- 6,150 sq. ft. fully renovated short‑term rental with 5 bedrooms and 4.5 baths
- Offered fully furnished and turnkey, designed for hosting 20+ guests
- Updates include new HVAC systems, new windows, LED lighting, updated plumbing and electrical
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$82,619
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,652,380
$1.7M
Cap Rate 7%
$1,180,271
$1.2M
Cap Rate 9%
$917,989
$918.0K
Market Conditions
NOI Build-Up for 6,150 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$160.1K $26.04/SF
− Vacancy
−$9.9K −$1.61/SF
EGI
$150.2K $24.43/SF
− OpEx
−$67.6K −$10.99/SF
NOI
$82.6K $13.43/SF
Area
Pickens County, GA
Vacancy
6.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,652,380
Cap Rate 7%
$1,180,271
Cap Rate 9%
$917,989
Alternative Uses
Best Use
Apartment 5plus
$1.18M
$1.03M – $1.38M
NOI $82,619 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.72M
$1.50M – $2.01M
NOI $120,341 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
65%
Occupancy
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 30143, GA
24,476
Population
12,549
Households
2
Avg Household Size
49
Median Age
32%
College-Educated
92%
High-School Grad
145.3 sq mi
ZIP Area
168
Density / Sq Mi
$79,879
Median Household Income
$42,635
Median Earnings
$1,085
Median Rent
$324,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Fully renovated 5-bedroom short-term rental with central HVAC and screened outdoor space in Bent Tree.
Where is this short term rental property located?
The property is located at 297 Fairview Court Jasper, GA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 6,150 sq. ft. fully renovated short‑term rental with 5 bedrooms and 4.5 baths; Offered fully furnished and turnkey, designed for hosting 20+ guests; Updates include new HVAC systems, new windows, LED lighting, updated plumbing and electrical
