Waterfront Short-Term Rental
For Sale
$1,235,000
3440 Maynard Circle, Gainesville, GA 30506
Residential Income, Gainesville, GA
Property Size7,000 SF
Lot Size1.00 Acre
Price / SF$176.43
Days on Market48
Property Features for 3440 Maynard Circle
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
6
Parking features
Garage
Window features
Insulated Windows, Double Pane Windows
Subdivision
DISIE HILLS
Lot features
Private, Sloped, Wooded
View
Lake
Elementary school
Sandra Dunagan Deal
Middle school
North Hall
High school
North Hall
Directions
From Gainesville: Go to Clarks Bridge Rd & pass the rowing venue. Left on Maynard Circle; take the next right. Home on the left.
Standard status
Active
APN
10151 000004
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9440
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Heat Pump (Heating), Electric (Heating), Zoned
Cooling system
Heat Pump, Ceiling Fan(s), Central Air, Zoned
Water source
Public
Water front features
Lake Front
Water front
1
Amenities
dock
screened porch
deck
patio
Building Details
Year built
2004
Floors in Building
2
Number of units
1
Flooring type
Hardwood, Carpet, Vinyl, Tile - Ceramic
Building materials
Vinyl Siding
Roof type
Shingle, Composition
Listing Agency:
Mark Spain Real Estate
Listed By:
MARK SPAIN
(770) 886-9000
Added: Sep 3
Changed: Oct 18
Last Checked: Oct 20 at 3:06PM
MLS# 7832265
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.
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Investment Insights
Based on property information with market context.
This 2004 lakefront estate on 1 acre offers nearly 7,000 square feet arranged for flexible residential use. Three independent living quarters each include a kitchen, living room, bedrooms, and separate living space. The property contains seven bedrooms and five-and-a-half bathrooms, with vinyl siding, mixed flooring, zoned heating and cooling, and a shingle and composition roof. A new roof is planned for 2026.
Outdoor features include a screened porch, two decks, a patio, and a private backyard leading toward the water. The covered single-slip dock provides direct lake access. Two oversized garages accommodate up to six vehicles and add storage capacity. Public water and septic service support the residence, while cable is available. The property is not subject to an HOA, and the source information identifies short-term rental use as an option.
Outdoor features include a screened porch, two decks, a patio, and a private backyard leading toward the water. The covered single-slip dock provides direct lake access. Two oversized garages accommodate up to six vehicles and add storage capacity. Public water and septic service support the residence, while cable is available. The property is not subject to an HOA, and the source information identifies short-term rental use as an option.
Key Highlights
- Lakefront estate on 1 acre with covered single‑slip dock
- Nearly 7,000 square feet with three independent living quarters
- Seven bedrooms and five‑and‑a‑half bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,762
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,115,240
$1.1M
Cap Rate 7%
$796,600
$796.6K
Cap Rate 9%
$619,578
$619.6K
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$115.1K $16.44/SF
− Vacancy
−$13.7K −$1.96/SF
EGI
$101.4K $14.48/SF
− OpEx
−$45.6K −$6.52/SF
NOI
$55.8K $7.97/SF
Area
Hall County, GA
Vacancy
11.90%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,115,240
Cap Rate 7%
$796,600
Cap Rate 9%
$619,578
Alternative Uses
Best Use
Apartment 5plus
$796.6K
$697.0K – $929.4K
NOI $55,762 @ 7.0% cap · market cap 4.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,225 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
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Business Placement
Demographics for 30506, GA
45,215
Population
18,876
Households
2.4
Avg Household Size
43
Median Age
38%
College-Educated
91%
High-School Grad
100.5 sq mi
ZIP Area
450
Density / Sq Mi
$95,224
Median Household Income
$44,824
Median Earnings
$1,323
Median Rent
$363,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Lakefront estate with three self-contained living areas, multiple outdoor gathering spaces, and a covered private dock.
Where is this short term rental property located?
The property is located at 3440 Maynard Circle Gainesville, GA.
What is the asking price?
The asking price for this property is $1,235,000.
What are key features of this property?
This property features: Lakefront estate on 1 acre with covered single‑slip dock; Nearly 7,000 square feet with three independent living quarters; Seven bedrooms and five‑and‑a‑half bathrooms
