$650,000
●
House -
Off Market
233 Derrydown Way
Decatur, GA 30030
4 Beds
3 Baths
1,988 Ft²
$762,602
RealtyHop Estimate
17.32%
Since Dec 1, 2021
GA-Atlanta
Primary Model
About This Property
This is a charming historic 1940's Decatur home is located in
Winnona Park on a peaceful side street. It is close to parks and
restaurants and you can walk to schools. It is also just one mile
from the Decatur Square and all of the shops and restaurants. This
home offers a living room with a fireplace, and a separate dining
room. There is a sunroom which would make a fabulous office or
playroom, and a separate family room with a view of the kitchen and
yard. The family room also offers a second fireplace and French
doors to a massive deck and a fenced yard. There is a 4th bedroom
on the main floor and a full bath. The master is up and two more
bedrooms as well. It totals 4BR/3BA. This home has a big yard with
a jungle gym and two sheds. One may have been a 1 car garage in
days gone by, and the other has the lawn tools. The kitchen was
remodelled a couple of years ago and has granite and stainless, an
island with a cooktop and a pantry.
Unit Size
1,988 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$327
Property Type
House
Property Taxes
$786
HOA Dues
-
Year Built
1947
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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: 3 years ago (GAMLS #9074534)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 3, 2021 | No longer available | - | |
| No longer available | |||
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Nov 10, 2021 | In contract | - | |
| In contract | |||
| Oct 30, 2021 | No longer available | - | |
| No longer available | |||
| Oct 29, 2021 | Listed by RE/MAX METRO ATLANTA CITYSIDE | $650,000 | |
| Listed by RE/MAX METRO ATLANTA CITYSIDE | |||
| | |||
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This is a charming historic 1940's Decatur home is located in Winnona Park on a peaceful side street. It is close to parks and restaurants and you can walk to schools. It is also just one mile from the Decatur Square and all of the shops and restaurants. This home offers a living room with a fireplace, and a separate dining room. There is a sunroom which would make a fabulous office or playroom, and a separate family room with a view of the kitchen and yard. The family room also offers a second fireplace and French doors to a massive deck and a fenced yard. There is a 4th bedroom on the main floor and a full bath. The master is up and two more bedrooms as well. It totals 4BR/3BA. This home has a big yard with a jungle gym and two sheds. One may have been a 1 car garage in days gone by, and the other has the lawn tools. The kitchen was remodelled a couple of years ago and has granite and stainless, an island with a cooktop and a pantry. The manager has listed the unit size as 1988 square feet.
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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About Winnona Park Historic District
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Listed by: Dan Connolly, RE/MAX Metro Atlanta Cityside
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 9074534
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 9074534
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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