Sold Price cut: $15,000 (5/7)
$324,900
8 beds · 3 baths · 1,856 sqft
4422 Wellington Terrace, Decatur, GA 30035
Great deal
Priced about $55,000 (14%) below comparable homes. Estimated market value $379,900, based on 458 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Calling all real estate investors looking for a strong return on investment! 4422 Wellington Terrace in Decatur, presents a great opportunity to acquire a property with a 10.15% cap rate. This 8-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong track record of high occupancy. PadSplit is a housing solution platform that helps members find accessible…
PoolBasementGarageNo HOA
Listing remarks courtesy of Bolst, Inc. · Sold by Cornerstone Real Estate Partners, LLC.
· FMLS #7528634678-628-9204
$2,221/mo est.
with $32,490 down · $324,900 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
8
Beds
3
Baths
1,856
Sqft
1987
Built
0.28 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,225/morange $2,075 – $2,3758.2% gross yield
Based on 12 similar rentals within 2 mi (4 recently leased).
7 bd · 4 ba · 2,521 sqft · 1.4 mi away$2,950/mo4 bd · 2 ba · 2,024 sqft · 0.5 mi away$2,500/mo5 bd · 3 ba · 2,872 sqft · 0.6 mi away$2,645/mo4 bd · 3 ba · 1,880 sqft · 1.4 mi away$2,495/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$2,317/mo
Principal & interest$1,897
Property taxes$325
Home insurance$95
Down payment$32,490 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for sale
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Schools
Canby LaneElementary
Mary McLeod BethuneMiddle
TowersHigh
Location
64 for sale 16 pending 12 sold
Listed by
Bolst, Inc. · Sold by Cornerstone Real Estate Partners, LLC
Source: FMLS · #7528634
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