751 Piedmont Avenue NE #APT16
About This Property
The manager has listed the unit size as 922 square feet.
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Cap Rate Calculator
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 28, 2023 | No longer available | - | |
No longer available | |||
Oct 31, 2023 | Relisted | $495,000 | |
Relisted | |||
Oct 26, 2023 | In contract | - | |
In contract | |||
Oct 6, 2023 | Price Decreased |
$495,000
↓ $10K
(2%) | |
Price Decreased | |||
Sep 22, 2023 | Price Decreased |
$505,000
↓ $1K
(0.2%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/25/2023
|
Loft
|
2.5 Bath
|
922 ft²
|
$517,000
Loft
2.5 Bath
922 ft²
|
-
-
|
-
|
KADIE STIDHAM
Knock Homes LLC
| |
07/25/2023
|
2 Bed
|
2.5 Bath
|
922 ft²
|
$517,000
2 Bed
2.5 Bath
922 ft²
|
-
-
|
-
|
KADIE STIDHAM
Knock Homes LLC
| |
03/03/2023
|
2 Bed
|
3 Bath
|
1250 ft²
|
$529,900
2 Bed
3 Bath
1250 ft²
|
$529,900
03/21/2023
|
-
|
LaMar Young
Maximum One Greater Atlanta Realtors
| |
10/28/2022
|
2 Bed
|
2.5 Bath
|
1250 ft²
|
$499,000
2 Bed
2.5 Bath
1250 ft²
|
-
-
|
-
|
TIMOTHY L GRISSETT
CHAPMAN HALL PREMIER REALTORS
| |
05/25/2022
|
2 Bed
|
3 Bath
|
1250 ft²
|
$519,000
2 Bed
3 Bath
1250 ft²
|
-
-
|
-
|
TIMOTHY L GRISSETT
CHAPMAN HALL PREMIER REALTORS
| |
03/24/2022
| |
2 Bed
|
3 Bath
|
1250 ft²
|
$589,999
2 Bed
3 Bath
1250 ft²
|
-
-
|
-
|
Shaun Rawls
KELLER WILLIAMS RLTY-PTREE RD
|
07/29/2021
|
2 Bed
|
3 Bath
|
1250 ft²
|
$420,000
2 Bed
3 Bath
1250 ft²
|
$400,000
-4.76%
10/05/2021
|
-
|
TIMOTHY L GRISSETT
CHAPMAN HALL PREMIER REALTORS
| |
07/22/2021
|
2 Bed
|
3 Bath
|
1250 ft²
|
$399,900
2 Bed
3 Bath
1250 ft²
|
$403,000
+0.78%
08/27/2021
|
BING LI
CHAPMAN HALL REALTY
| ||
04/29/2021
|
2 Bed
|
3 Bath
|
1250 ft²
|
$419,000
2 Bed
3 Bath
1250 ft²
|
$430,000
+2.63%
06/07/2021
|
-
|
TIMOTHY L GRISSETT
CHAPMAN HALL PREMIER REALTORS
| |
09/17/2020
|
2 Bed
|
3 Bath
|
1250 ft²
|
$379,000
2 Bed
3 Bath
1250 ft²
|
$379,000
10/30/2020
|
Timothy L Grissett
Chapman Hall Premier Realtors
| ||
07/22/2020
|
2 Bed
|
3 Bath
|
1250 ft²
|
$369,900
2 Bed
3 Bath
1250 ft²
|
-
-
|
-
|
Justin Landis
Keller Williams Realty
| |
10/14/2019
|
2 Bed
|
3 Bath
|
1250 ft²
|
$380,000
2 Bed
3 Bath
1250 ft²
|
$317,000
-16.58%
09/18/2020
|
LENA ZARETSKY
REALTY 1ST, INC.
| ||
03/21/2019
|
2 Bed
|
3 Bath
|
-
|
$649,900
2 Bed
3 Bath
|
-
-
|
-
|
Laura Caldarella
Keller Williams Realty Peachtree Rd.
| |
03/21/2019
|
2 Bed
|
3 Bath
|
-
|
$649,900
2 Bed
3 Bath
|
-
-
|
-
|
Laura Caldarella
Keller Williams Realty Peachtree Rd.
| |
11/01/2018
|
2 Bed
|
-
|
-
|
$370,000
2 Bed
-
|
$367,000
-0.81%
12/18/2018
|
-
|
Eric Peterson
Keller Williams - Atlanta - Peachtree Road
| |
05/03/2012
|
2 Bed
|
-
|
1250 ft²
|
$249,900
2 Bed
-
1250 ft²
|
$240,000
-3.96%
06/29/2012
|
-
|
Lee Thornton
The Real Estate Company
|
Building Info
- 1 Unit for Sale
About Northeast Atlanta
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