$230,000
●
House -
For Sale
5538 Mallard Trail
Lithonia, GA 30058
3 Beds
2 Baths
1,392 Ft²
$1,444
Est. Monthly
About This Property
Step inside this charming newly renovated 3-bedroom, 2-bathroom
split level home offering 1,392 sqft of comfortable living space.
Spacious living room with an open floor plan, two car garage,
private fenced back yard on a corner lot with trees. Easy access to
shopping, restaurants and schools.
Unit Size
1,392 Ft²
Days on Market
34 days
Land Size
0.21 acres
Price per sqft
$165
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1985
Listed By
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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: 2 months ago (GAMLS #10866933)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2026 | Listed by Georgia Realty Group | $230,000 | |
| Listed by Georgia Realty Group | |||
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | Listed by Virtual Properties Realty.com | $205,000 | |
| Listed by Virtual Properties Realty.com | |||
| | |||
|
Motivated Seller! 5k Seller contribution with an acceptable offer. Whether You're a First-Time Homebuyer, Seasoned Investor, or Simply Seeking Affordable Living, This Home Is For You. Tucked Away from HOA Restrictions, Yet Only Minutes from Stonecrest Mall - Convenience Meets Comfort. Pull into Your Two-Car Garage, Park on the Level Driveway, and Step into 1980s Charm. Situated on a Corner Lot, Enjoy the Privacy of a Fenced Yard and Entertain Guests on the Expansive Deck. Inside, Delight in the Split-Level Design, Accentuated by a Vaulted Ceiling Family Room Warmed by a Crackling Fireplace. The Kitchen and Dining Areas Flow Effortlessly, Perfect for Everyday Living. Retreat Upstairs to Your Own Retreat - the Owner's Suite, Featuring a Granite Vanity and Relaxing Tub/Shower Combo. Come make your dream a reality!
| |||
| Jan 14, 2020 | Sold | ||
| Sold | |||
| Jan 18, 2019 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Attached, Garage
Interior Details
Full Bathrooms: 2
Interior Features: Double Vanity, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances: Dishwasher, Electric Water Heater, Oven/Range (Combo)
Flooring Type: Laminate
Laundry Features: In Hall
Has Fireplace
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Square Footage: 1392
Square Footage Source: $0
Property Condition: Resale
Architectural Style: Traditional
Year Built: 1985
Levels: Multi/Split
Construction Materials: Press Board
Patio and Porch Features: Deck
Lot Features: Corner Lot, Level
Lot Size Area: 9147.6
Lot Size Units: Square Feet
Lot Size Acres: 0.21
Lot Size Square Feet: 9147.6
Water Source: Public
Financial Details
Tax Annual Amount: $3,775
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Heat Pump
Heating Type: Central, Heat Pump, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
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Baths
ft²
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Price/ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Redan
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Listed by: Rebecca Fowler, Georgia Realty Group
Last Updated: 2 months ago
Data Source: GAMLS, MLS# 10866933
Last Updated: 2 months ago
Data Source: GAMLS, MLS# 10866933
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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