1280 W Peachtree St NW Apt 3114 Atlanta GA 30309 Atlanta, GA, 30309
1 bed • 1 bath • 3 guests
Est. $880/mo

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$183,500
Zestimate
$29,862
Annual Revenue
This property is projected to be in the top 41% revenue percentile compared to similar properties nearby.
Projected nightly rate is $178/night at 51% occupancy.Projected nightly rate is $146/night at 56% occupancy.
Top 51% of comparables
Top 51% of comparables
Seasonality
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$522
Profit
Revenue
$29,862
Operating Expenses
$16,962
Operating Income
$12,900
Mortgage & Taxes
$12,378
Profit (Cash Flow)
$522
$46,455
Cash Investment
Down Payment
$36,700
Renos & Furnishing
$4,250
Closing Costs
$5,505
Total
$46,455
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
1.12%
Cap Rate
7.03%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$8,709
Deductible property tax
$1,817
Your total deduction
$22,822
Your adjusted annual income
$150,000 - $22,822 = $127,178
Taxes on $127,178 (30%)
$38,153
Your old tax bill
$45,000
Your new tax bill
$38,153
Estimated tax savings
$6,847
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
457 sqft
Year built:
1989
Size:
457 sqft
Type:
CONDO
Parking:
-
Heating:
ELECTRIC
Sold Comparables
Address | Beds | Baths | Square Feet | $/SqFt | Lot Size | Year Built | Last Sale | Days on Market |
---|---|---|---|---|---|---|---|---|
1280 W Peachtree St Nw Apt 801 | 1 | 1 | 457 | - | 457 | 1989 | $154,900 | 31 |
1280 W Peachtree St Nw | 1 | 1 | 457 | - | 457 | 1989 | $168,500 | 105 |
1280 W Peachtree St Nw Apt 3414 | 1 | 1 | 457 | - | 457 | 1989 | $187,500 | 52 |
1280 W Peachtree St Nw | 2 | 2 | 1,028 | - | 1,002 | 1989 | $280,000 | 53 |
1080 Peachtree St Ne Unit 3008 | 1 | 1 | 805 | - | 784 | 2008 | $407,400 | 31 |
1280 W Peachtree St Nw Apt 3714 | 1 | 1 | 457 | - | 457 | 1989 | $185,000 | 10 |
1280 W Peachtree St Nw | 1 | 1 | 457 | - | 457 | 1989 | $167,500 | 33 |
1280 W Peachtree St Nw Apt 1014 | 1 | 1 | 457 | - | 457 | 1989 | $164,000 | 39 |
1280 W Peachtree St Nw Apt 1001 | 1 | 1 | 457 | - | 457 | 1989 | $143,500 | - |
1280 W Peachtree St Nw Apt 814 | 1 | 1 | 457 | - | 457 | 1989 | $151,000 | 31 |
Property Details
- MLS Status: N/A
- Property Use: Condominium
- Stories: 1
- Lot size: 457 sqft
- Building area: 457 sqft
- Garage: No
- Heating: Electric
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: SPI16
- Land Use: Residential
- Parcel Number: 17 010800084702
- Flood Zone: No
Tax Info
- Year Assessed: 2022
- Assessed Value: $50,720
- County Est. Land Value: $17,200
- Assessed Land Value: $6,880
- County Est. Structure Value: $109,600
Market Estimate: $222,347
Sale history
Date | Sale Price | % Financed | Buyer |
---|---|---|---|
03/05/08 | $105,500 | 0% | Langford,Michael D & Carol T |
09/04/07 | $122,275 | 0% | Wells Fargo Bank Na |
09/04/07 | $122,275 | 0% | Wells Fargo Bank Na |
01/31/05 | $139,600 | 99% | Shuford,David |
Ownership
- Name: Michael D Langford
- Owner Occupied: No
- Owner Mailing Address: 968 N Ormewood Park Dr Se # 3614, Atlanta, Ga 30316
- Years Owned: 0
- Home Equity: -
- Mortgage Balance Remaining: $0
- Financed amount: 99%
- Owner Type: Investor
- Lien: No
- Inherited: No
- Foreclosure: No
Schools
- Middle School: Inman Middle School with 6/10 star rating
- High School: Grady High School with 7/10 star rating