30
Map
$285,000
●
Condo -
Off Market
1202 Madison Lane SE #1202
Smyrna, GA 30080
2 Beds
2 Baths
1,277 Ft²
$255,771
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Fantastic single level ground floor condo in a perfect location -
walking distance to Smyrna Market Village, Cobb Park, library,
restaurants and more. 4 miles to Truist Park/The Battery and easy
access to I-75 and I-285. This 2 bedroom / 2 full bath condo has an
open floor plan with very spacious rooms. The large and bright
living area opens to the eat-in kitchen with granite, stainless
steel appliances, pantry, and an island providing extra seating.
Just off the family room is a covered porch, with a great sitting
area. Oversized primary bedroom with a large walk in closet and
tiled bath with a soaking tub, separate shower and linen closet.
The secondary bedroom is also spacious with a large closet. Hall
bath has a tub/shower combo and a granite topped vanity. New
carpet, lighting and fresh paint throughout! HVAC and water heater
replaced in 2018. Community amenities include a pool and fitness
room.
Unit Size
1,277 Ft²
Days on Market
-
Land Size
0.03 acres
Price per sqft
$196
Property Type
Condo
Property Taxes
$146
HOA Dues
$319
Year Built
2008
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 11 months ago (GAMLS #10054385)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by Atlanta Communities | $250,000 | |
| Listed by Atlanta Communities | |||
| Nov 7, 2014 | Sold | ||
| Sold | |||
| Sep 17, 2014 | Listed by KELLER WILLIAMS REALTY CITYSIDE | $124,000 | |
| Listed by KELLER WILLIAMS REALTY CITYSIDE | |||
   | |||
|
Incredible 2/2 condo with every upgrade already in place! Kitchen
with Granite, Cherry cabinets, all appliances inc Refrigerator!
Both bathrooms have granite tops, beautiful tile work and are
spacious! Ideal Roommate floorplan. Oversized laundry room
w/additional storage. Covered balcony ideal for relaxing. Community
offers excellent amenities inc pool, water/sewer, ext maintenance &
gym facilities! Unit is 100% electric--no HUGE gas bills! Walk to
Smyrna Mkt Village restaurants…
| |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: Over 1 Space per Unit
Interior Details
Main Level Bedrooms: 2
Full Bathrooms: 0
Main Level Bathrooms: 2
Interior Features: Walk-In Closet(s), Master On Main Level
Living Area: 1277
Living Area Units: Square Feet
Living Area Source: Public Records
Above Grade Finished Area: 1277
Above Grade Finished Area Units: Square Feet
Living Area Source: Public Records
Common Walls: End Unit
Appliances: Dishwasher, Microwave
Laundry Features: In Hall
Flooring Type: Tile, Carpet
Exterior Details
Levels: 0
Above Grade Finished Area: 1277
Construction Materials: Concrete
Exterior Features: Other
Roof: Composition
Property Condition: Resale
Foundation Details: Slab
Security Features: Smoke Detector(s)
Year Built: 2008
Financial Details
Parcel Number: 17045001930
Tax Year: 2021
Tax Annual Amount: $1,751
Utilities Details
Cooling: Central Air
Heating: Central
Water Source: Public
Sewer: Public Sewer
Utilities: Underground Utilities, Cable Available, Electricity Available, Water Available
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Exterior, Maintenance Grounds, Pest Control, Reserve Fund, Swimming
Elementary School: Smyrna
Middle Or Junior School: Campbell
High School: Campbell
Other Details
Listing Terms: Cash, Conventional
Listing Contract Date: 2022-06-01
On Market Date: 2022-06-01
1202 Madison Lane SE #1202, Smyrna, GA, 30080
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Condo
2
Beds
2
Baths
1,277 ft²
$180/ft²
$230,000
May 6, 2021
$230,000
May 17, 2021
$757/mo
Sold
Condo
3
Beds
2
Baths
1,402 ft²
$182/ft²
$255,000
May 20, 2021
$255,000
Jun 18, 2021
$548/mo
Sold
Condo
3
Beds
2
Baths
1,402 ft²
$193/ft²
$270,000
Sep 22, 2021
$270,000
Oct 29, 2021
$455/mo
Condo
3
Beds
2
Baths
1,402 ft²
$146/ft²
$205,000
Feb 8, 2019
$205,000
Mar 27, 2019
$440/mo
Active
Condo
2
Beds
2
Baths
1,267 ft²
$217/ft²
$275,000
Sep 26, 2024
-
$478/mo
Active
Condo
2
Beds
2
Baths
1,056 ft²
$213/ft²
$224,900
Aug 9, 2024
-
$589/mo
Active
Townhouse
2
Beds
3
Baths
1,292 ft²
$213/ft²
$275,000
Sep 19, 2024
-
$8/mo
Townhouse
3
Beds
3
Baths
1,280 ft²
$195/ft²
$250,000
Aug 12, 2024
-
$119/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
06/01/2022
|
2 Bed
|
2 Bath
|
1277 ft²
|
$250,000
2 Bed
2 Bath
1277 ft²
|
$285,000
+14.00%
07/01/2022
|
-
|
Niki Faith
Atlanta Communities
| |
|
09/17/2014
|
2 Bed
|
-
|
1277 ft²
|
$124,000
2 Bed
-
1277 ft²
|
$126,250
+1.81%
11/07/2014
|
-
|
Courtney Newton
Keller Williams West Atlanta
|
Building Info
About Madison at Village Green
Similar Homes for Sale
Nearby Rentals
Listed by: Niki Faith, Atlanta Communities
Last Updated: 11 months ago
Data Source: GAMLS, MLS# 10054385
Last Updated: 11 months ago
Data Source: GAMLS, MLS# 10054385
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2025 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
