Listing Courtesy of: Michelle Mechem, PalmerHouse Properties
$282,000
●
House -
Off Market
Studio
1 Bath
1,048 Ft²
$0
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Historic home steps from the Atlanta Beltline Southeast Trail.
Ready for your renovation or expansion. Fantastic fenced front yard
and large porch ready for entertaining. Original fireplace mantels
surrounding the now decorative coal fireplaces. Deep wooded lot
with storage shed. Short walk to the shops and restaurants of
Ormewood Park, East Atlanta Village and Grant Park.
Unit Size
1,048 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$137
HOA Dues
-
Year Built
-
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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 (FMLS #6709269)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2020 | Sold | ||
| Sold | |||
| Apr 1, 2020 | Listed by PalmerHouse Properties | $0 | |
| Listed by PalmerHouse Properties | |||
Property Highlights
With View
Garage
Fireplace
Interior Details
Kitchen Features: Cabinets Other, Laminate Counters, Other
Basement: Crawl Space
Master Bathroom Features: Tub/Shower Combo
Full Bathrooms: 1
Interior Features: High Ceilings 9 ft Main, High Speed Internet, Sauna, Other
Appliances: Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
Flooring Type: Hardwood
Laundry Features: Other
Fireplace Features: Decorative, Double Sided
Fireplaces: 2
Parking Details
Parking Features: Garage
Garage Spaces: 2
Exterior Details
Property Condition: Resale
PropertySubType: Single Family Residence
Levels: One
Other Structures: Gazebo
Window Features: None
Construction Materials: Frame
Patio and Porch Features: Front Porch
Pool Features: None
Lot Features: Back Yard
Lot Size Acres: 0.1028
Parcel Number: 14 001100040137
Water Source: Public
Financial Details
Tax Annual Amount: $1,643
Utilities Details
Utilities: Other
Cooling Type: Electric Air Filter
Heating Type: Natural Gas
Sewer: Public Sewer
Green Energy Items: None
Location Details
Security Features: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Security Gate, Smoke Detector(s)
Community Features: Fitness Center, Park, Playground, Public Transportation
Comparables
Unit
Status
Status
Type
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Baths
ft²
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Asking Price
Listed On
Listed On
Closing Price
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HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Similar Homes for Sale
Currently no similar homes around
Listed by: Michelle Mechem, PalmerHouse Properties
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6709269
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6709269
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