New
For Sale
$1,375,000
613 Rivers End Drive, Savannah, GA 31406
Residential Income, Savannah, GA
Property Size4,472 SF
Lot Size3.46 Acres
Price / SF$307.47
Days on Market6
Property Features for 613 Rivers End Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
5
Bathrooms
6
Full bathrooms
5
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 1, Bathroom 5, Bedroom 3, Bathroom 3, Bedroom 4, Bathroom 6, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 5
Parking features
Underground/Basement
Patio and Porch features
Deck, Porch
Interior features
Attic, Ceiling Fan(s), Central Vacuum, Fireplace, Permanent Attic Stairs
Exterior features
Deck
Fencing
Chain Link, Fenced
Fireplace
1
Appliances
Some Electric Appliances, Cooktop, Double Oven, Dishwasher, Gas Water Heater, Microwave, Dryer, Refrigerator, Washer
Subdivision
Rivers End
Lot features
Back Yard, Private
View
River
Directions
Heading east on Montgomery Crossroads, turn right onto Hurst Avenue. Turn left on Rivers End at the end of the street and the home is on the right. If you continue down past the home you will see other homes along the water of Hayner's Creek.
Standard status
Active
APN
2052801030Y
Size
4,472 SF
Lot size
3.46 Acres
Taxes and HOA fees
Tax Description
PT OF LOTS 12, 13, 14, 12A, 13A, 14A RIVERS END
Legal Description
PT OF LOTS 12, 13, 14, 12A, 13A, 14A RIVERS END
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Natural Gas, Central
Cooling system
Electric, Central Air
Water source
Public
Water front features
River Front, Creek
Water front
1
Building Details
Year built
1998
Floors in Building
2
Number of units
1
Building materials
Vinyl Siding, Wood Siding
Architectural style
Other
Additional Structures
Workshop
Listing Agency:
Realty One Group Inclusion
(912) 298-7200
Listed By:
Susan C. Dailey · License #354625
(912) 441-6397
Added: Aug 31
Changed: Sep 3
Last Checked: Sep 5 at 12:06PM
MLS# SA363964
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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
$43,973
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
3.20%
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%
$879,460
$879.5K
Cap Rate 7%
$628,186
$628.2K
Cap Rate 9%
$488,589
$488.6K
Market Conditions
NOI Build-Up for 4,472 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
$85.3K $19.08/SF
− Vacancy
−$5.4K −$1.20/SF
EGI
$80.0K $17.88/SF
− OpEx
−$36.0K −$8.05/SF
NOI
$44.0K $9.83/SF
Area
Savannah, GA
Vacancy
6.30%
Lease Rate
$19.08 /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%
$879,460
Cap Rate 7%
$628,186
Cap Rate 9%
$488,589
Alternative Uses
Best Use
Apartment 5plus
$628.2K
$549.7K – $732.9K
NOI $43,973 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.18M
$3.66M – $4.88M
NOI $292,556 @ 7.0% cap · market cap 21.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
305
Businesses Nearby
Explore this area
Business Placement
Demographics for 31406, GA
34,579
Population
15,424
Households
2.2
Avg Household Size
39
Median Age
37%
College-Educated
93%
High-School Grad
26.2 sq mi
ZIP Area
1,320
Density / Sq Mi
$66,084
Median Household Income
$41,512
Median Earnings
$1,340
Median Rent
$260,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
Where is this single family property located?
The property is located at 613 Rivers End Drive Savannah, GA.
What is the asking price?
The asking price for this property is $1,375,000.
