Sold Price cut: $12,000 (10/16)
$72,000
3 beds · 1,242 sqft
390 W Lake Avenue C6, Atlanta, GA 30318
Great deal
Priced about $268,874 (79%) below comparable homes. Estimated market value $340,874, based on 38 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Turnkey investor deal at 7% NET yield/ cap rate. LEASED for $775. NEW PRICE. NO RESTRICTIONS in up and coming Grove Park! Westside Park opening 2019! Easy access to Marta only 1 mile to Quarry Yards. Updated with HOA that maintains all exterior, trash, water, sewer. Private backyard, greenspace, set in the back of the neighborhood away from street. Development and rezoning all…
PoolBasementRenovated
Listing remarks courtesy of PalmerHouse Properties · Sold by Halstan Realty, LLC..
· FMLS #6026521$492/mo est.
with $7,200 down · $72,000 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
3
Beds
1,242
Sqft
1971
Built
3 spaces
Parking
$282/month
HOA
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,000/morange $1,850 – $2,15033.3% gross yield
Based on 12 similar rentals within a mile (7 recently leased).
3 bd · 3 ba · 1,205 sqft · 0.5 mi away$1,900/mo3 bd · 2 ba · 960 sqft · 0.2 mi away$1,900/mo3 bd · 2 ba · 1,275 sqft · 0.7 mi away$2,300/mo3 bd · 2 ba · 1,247 sqft · 0.7 mi away · leased$2,100/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$795/mo
Principal & interest$420
Property taxes$72
Home insurance$21
HOA$282
Down payment$7,200 (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
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Schools
Woodson Park AcademyElementary
John Lewis Invictus Academy/Harper-ArcherMiddle
Frederick DouglassHigh
Location
68 for sale 12 pending 12 sold
Listed by
PalmerHouse Properties · Sold by Halstan Realty, LLC.
Source: FMLS · #6026521
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