2833 Orion Drive
About This Property
Inside, you'll find a light-filled, open-concept layout with brand-new appliances, stylish finishes, and a fresh, like-new feel throughout. Major updates include new electrical, plumbing, HVAC, insulation, and mechanical systems, delivering true move-in readiness and long-term peace of mind.
Step outside into your own backyard retreat, featuring a new gravel seating area, a spacious open lot, and endless potential for outdoor entertaining or relaxation.
Location is everything-and this home delivers. Nestled in the sought-after Druid Hills High School district, you're just minutes from Decatur Square, known for its charming walkability, boutique shopping, and a vibrant dining scene that includes Michelin-mentioned restaurants.
You're also close to all three Emory Hospital campuses, Emory University, Children's Healthcare of Atlanta, and the CDC-a commuter's dream with premier institutions at your doorstep.
And just five minutes away, the exciting Lulah Hills redevelopment is set to transform the area with 320,000 square feet of retail and dining, townhomes, lush green space, and a PATH Foundation trail connection to Emory University-adding even more energy and value to this already thriving neighborhood.
This is more than a home-it's a lifestyle. Move right in and enjoy comfort, convenience, and a connection to one of Atlanta's most exciting and evolving communities.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 25, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Listed by HomeSmart | $575,000 | |
| Listed by HomeSmart | |||
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | Listed by Peachtree Property Residential, LLC | $299,999 | |
| Listed by Peachtree Property Residential, LLC | |||
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Attention Investors! Nestled in a cozy neighborhood just outside Atlanta, this charming 3-bedroom, 1-bathroom house boasts a delightful backyard, perfect for embracing nature's beauty. With great potential for modernization, it presents an exciting opportunity for investors. Situated near Needham Park, DeKalb Farmers Market, and Washington Park, with convenient highway access, this property holds immense potential. Don't miss this opportunity to turn your investment dreams into reality!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017