2097 MONTREAT CIRCLE #2097 Vestavia Hills, AL 35216
Corner unit condo in Vestavia Hills with renovated bathrooms.
- Added:
- Apr 19, 2025
- Days on Market:
- 449
- Last Refresh:
- Jul 4 at 3:53 pm
Property Features for 2097 MONTREAT CIRCLE #2097
General Information
- Standard status
- Active
- Size
- 1,034 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1967
Listing office RealtySouth-OTM-Acton Rd (205) 978-9000
Listing date Apr 19, 2025
Source Kw
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of RealtySouth-OTM-Acton Rd
Investment Insights
Based on property information with market context.
Key Highlights
- Bottom, corner unit condo offers enhanced privacy and accessibility.
- Completely renovated bathrooms provide modern comfort and style.
- Large living room offers ample space for relaxation and entertainment.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.0k | $14.52 |
| − Vacancy | −$1.5k | −$1.41 |
| EGI | $13.6k | $13.11 |
| − OpEx | −$6.1k | −$5.90 |
| NOI | $7.5k | $7.21 |
