$459,000
●
House -
Off Market
2885 Chapel Ridge Circle
Decatur, GA 30034
5 Beds
5 Baths,
1
Half Bath
3,704 Ft²
$2,926
Est. Monthly
6.59%
Cap Rate
About This Property
Spacious New Renovated 5 Bedrooms with 4.5 Bathrooms, Family Room
With Fireplace, Separate Living And Dining Room, Updated Kitchen
With Open Concept Floor Plan, Huge Master Room with Sitting Area
With Fireplace, Full And Finish Basement Large Size Secondary
Family Room/Media or Exercise Room, Basement Also Includes A
Bedroom With Full Bathroom Included Standing Shower, New Shaker
Style Cabinets In The Kitchen, New Stainless Steel Appliances, New
Granite Countertop, Whole House Is Freshly Painted, Lots of Natural
Light, New Flooring, New Carpet, New Light And Plumbing Fixtures,
Large Size Leveled BackYard, 2 Car Garage With Side Entry, This
House is Ready And Move In Condition, Come And See Yourself.
Corporate Member Holds GA RE License
Unit Size
3,704 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$128
Property Type
House
Property Taxes
$593
HOA Dues
-
Year Built
1998
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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: 3 years ago (GAMLS #20169547)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Feb 5, 2024 | No longer available | - | |
| No longer available | |||
| Feb 1, 2024 | Listed by Virtual Properties Realty.Net, LLC. | $474,900 | |
| Listed by Virtual Properties Realty.Net, LLC. | |||
| | |||
|
Spacious New Renovated 5 Bedrooms with 4.5 Bathrooms, Family Room With Fireplace, Separate Living And Dining Room, Updated Kitchen With Open Concept Floor Plan, Huge Master Room with Sitting Area With Fireplace, Full And Finish Basement Large Size Secondary Family Room/Media or Exercise Room, Basement Also Includes A Bedroom With Full Bathroom Included Standing Shower, New Shaker Style Cabinets In The Kitchen, New Stainless Steel Appliances, New Granite Countertop, Whole House Is Freshly Painted, Lots of Natural Light, New Flooring, New Carpet, New Light And Plumbing Fixtures, Large Size Leveled BackYard, 2 Car Garage With Side Entry, This House is Ready And Move In Condition, Come And See Yourself. Corporate Member Holds GA RE License
| |||
| Jan 20, 2024 | Price Decreased |
$474,900
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jan 6, 2024 | Price Decreased |
$484,900
↓ $4K
(0.8%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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About DeKalb
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Listed by: Ahmed Husnani, Virtual Properties Realty .Net
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20169547
Last Updated: 3 years ago
Data Source: GAMLS, MLS# 20169547
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 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.
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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