Sold Price cut: $10,000 (4/11)
$765,000
Lot / land listing
122 Toby Springs Lane, Mcdonough, GA 30253
About this home
This updated quadruplex is a rare gem, offering impressive returns and a prime location that sets it apart in the investment market. Appraised at $850,000 following a $120,000 rehab completed within the last 14 months, this 5,192 sqft property boasts a strong CAP rate of 7.78%. Assuming a 6.3% interest rate and full occupancy, the property can generate a combined projected…
No HOARenovated
Listing remarks courtesy of Keller Williams Realty Atl North · Sold by Neighborhood Assistance Corp..
· FMLS #7519114$5,231/mo est.
with $76,500 down · $765,000 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
1986
Built
0.57 ac
Lot
8 spaces
Parking
None
HOA
$7,007/yr
Home facts
Payment calculator
$5,454/mo
Principal & interest$4,466
Property taxes$765
Home insurance$223
Down payment$76,500 (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
Walnut CreekElementary
McDonoughMiddle
McDonoughHigh
Location
49 for sale 26 pending 12 sold
Listed by
Keller Williams Realty Atl North · Sold by Neighborhood Assistance Corp.
Source: FMLS · #7519114
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
