$184,900
●
House -
In Contract
6295 Phillips Place
Lithonia, GA 30058
4 Beds
2 Baths
1,950 Ft²
$1,289
Est. Monthly
About This Property
The home has 4 bedrooms, 2 bathrooms, 2 attached garage spaces, and
a backyard. The property is near Redan Park and other recreational
areas, with shopping, restaurants, and other businesses located
nearby. Access to Covington Highway, Evans Mill Road, and
Interstate 20 provides connections to surrounding areas.
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$95
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1987
Listed By
Christopher Lawrence
Trillionaire Realty
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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: 2 months ago (GAMLS #10783153)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2026 | In contract | - | |
| In contract | |||
| Aug 29, 2026 | Price Increased |
$184,900
↑ $5K
(2.8%) | |
| Price Increased | |||
| Jun 10, 2026 | Listed by Lawrence Realty Group Georgia | $179,865 | |
| Listed by Lawrence Realty Group Georgia | |||
| May 2, 2023 | Sold | ||
| Sold | |||
| Mar 8, 2023 | Listed by Woodforest Realty LLC | $294,900 | |
| Listed by Woodforest Realty LLC | |||
| | |||
|
This large, four-sided brick home has been newly renovated to include a new roof. The home is located on a single road neighborhood that is very well maintained. The private backyard features a privacy fence and a large back deck to entertain guests or just relax. You enter the home in the front foyer that looks to the large living room with brick fireplace. The kitchen has luxury vinyl plank floors with luxury soft close kitchen cabinets and drawers. The large kitchen and breakfast area are bright due to the sunroom like breakfast area with all the windows overlooking the private backyard. Off the kitchen, you have a pantry and a separate laundry room. The master bedroom on the main level is extremely large with double closets and large master bathroom. The upstairs is huge with all oversized bedrooms and bathroom. This home is close to everything but just far enough to be private. From the home it's just .2 mile walk in the sidewalk community to Redan Disc Golf Course, 5 miles to Stonecrest Mall, 5 miles to Arabia Mountain Trailhead and less than 3 miles to highway 20.
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Attached
Interior Details
Full Bathrooms: 2
Interior Features: Other, Walk-In Closet(s)
Appliances: Other
Flooring Type: Vinyl
Laundry Features: Other
Has Fireplace
Fireplaces: 1
Basement: None
Exterior Details
Square Footage: 1950
Square Footage Source: $0
Property Condition: Resale
Architectural Style: Traditional
Year Built: 1987
Levels: Two
Construction Materials: Brick
Lot Features: Corner Lot
Lot Size Area: 10890
Lot Size Units: Square Feet
Lot Size Acres: 0.25
Lot Size Square Feet: 10890
Water Source: Public
Financial Details
Tax Annual Amount: $4,567
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Septic Tank
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
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Redan
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Listed by: Christopher Lawrence, Lawrence Realty Group Georgia
Last Updated: 2 months ago
Data Source: GAMLS, MLS# 10783153
Last Updated: 2 months ago
Data Source: GAMLS, MLS# 10783153
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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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