$109,180
●
House -
Off Market
6109 Michael Road
Lithonia, GA 30058
3 Beds
2 Baths
1,120 Ft²
$168,333
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Fixer upper in a great neighborhood! 3 bedroom, 2 bath home on a
cul-de-sac. Unfinished basement with room for another bedroom &
bathroom. Large backyard fenced with a large deck. Engineered
hardwoods already installed on main level. If you are thinking of
flipping a property this one is for you! Sold As-Is, no seller
disclosures.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$103
Property Type
House
Property Taxes
$59
HOA Dues
-
Year Built
1984
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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 #6618122)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 7, 2020 | In contract | - | |
| In contract | |||
| Apr 3, 2020 | Sold | ||
| Sold | |||
| Mar 16, 2020 | Listed by Compass | $159,000 | |
| Listed by Compass | |||
| | |||
|
Beautifully renovated split level home at the head of this quiet cul de sac. Possible 5 bedrooms. Fully finished lower level with new carpet and paint. Full bathroom and laundry room. Main level has granite countertops , new cabinets, new paint, laminate flooring and stainless steel appliances. Open floor plan with new lighting fixtures. Upstairs is and additional 2 full bathrooms. New carpet in bedrooms. New tile on bathroom floors and bathtubs.Large deck with fenced in yard with additional storage space in shed.Seller is listing agent
| |||
| Feb 8, 2020 | Listed by PalmerHouse Properties & Assoc | $159,900 | |
| Listed by PalmerHouse Properties & Assoc | |||
| | |||
|
Beautifully renovated split level home at the head of this quiet cul de sac. Possible 5 bedrooms. Fully finished lower level with new carpet and paint. Full bathroom and laundry room. Main level has granite countertops , new cabinets, new paint, laminate flooring and stainless steel appliances. Open floor plan with new lighting fixtures. Upstairs is and additional 2 full bathrooms. New carpet in bedrooms. New tile on bathroom floors and bathtubs.Large deck with fenced in yard with additional storage space in shed.Seller is listing agent
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Redan
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Listed by: The Vekselman Group, PalmerHouse Properties
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6618122
Last Updated: 3 years ago
Data Source: FMLS, MLS# 6618122
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