620 Ravenwood Drive, Woodstock, GA 30188
MULTI_FAMILY - Woodstock, GA
- Added:
- Jun 16, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 20 at 11:06 pm
Property Features for 620 Ravenwood Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 3
- Parking features
- Garage
- Standard status
- Active
- Lot size
- 0.45 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3605
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1973
- Floors in Building
- 2
- Building materials
- Brick
- Roof type
- Composition
Listing agent REdefined Atlanta Realty Group (770) 874-6200
Listing office Keller Williams Realty Cityside 3350 Atlanta Road, Smyrna, GA (770) 874-6200
Listing date Jun 16, 2026
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.
HighLights
- 4‑sided brick split‑level ranch built in 1973 with approximately 2,000 finished SF
- 3 bedrooms and 2 bathrooms with multiple living areas
- Unfinished basement for storage and potential expansion
- Oversized half‑acre lot with redevelopment and expansion options close to Downtown Woodstock
- Enclosed porch adds conditioned living space (previously screened)
- Central air and forced‑air heating, plus garage parking
Overview
The property is located at 620 Ravenwood Drive in Woodstock, Georgia, in Cherokee County. The public remarks describe the site as a walkable, downtown-adjacent redevelopment setting, with proximity to restaurants, retail, entertainment, festivals, parks, and schools.
For buyers, the oversized nearly half-acre lot is the primary planning consideration, supporting options such as renovation, expansion of the existing home, or redevelopment subject to City of Woodstock approval and applicable zoning requirements. The enclosed porch and unfinished basement add flexibility for end users or renovation strategies, and investors are advised to independently verify zoning, land use, and any redevelopment density allowances.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.1k | $26.04 |
| − Vacancy | −$3.2k | −$1.61 |
| EGI | $48.9k | $24.43 |
| − OpEx | −$22.0k | −$10.99 |
| NOI | $26.9k | $13.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Woodstock
- County
- Cherokee
- State
- Georgia
- Longitude
- -84.532517
- Latitude
- 34.109416
