Luxury Corner Residence with Panoramic
For Sale
$629,000
3445 Stratford Road NE #3703, Atlanta, GA 30326
Rare 37th-floor corner unit with unmatched Buckhead luxury and panoramic views.
Property Size1,868 SF
Price / SF$336.72
Days on Market409
Property Features for 3445 Stratford Road NE #3703
General Information
Standard status
Active
Size
1,868 SF
Property subtype
Condominium
Amenities
Security System
Separate Meters
Forced Air
Central
Central Air
Zoned
Ceiling Fan(s)
Electric
Dishwasher
Disposal
Double Oven
Electric Cooktop
Electric Water Heater
Microwave
Refrigerator
Deck, Pool, Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available, Concrete
Building Details
Building Size
1,868 SF
Year Built
2006
Listing Agency:
Call It Closed International Inc.
(407) 338-3339
Listed By:
First MLS · License #0393187
(407) 338-3339
Source:
Kw
Added: Jul 11, 2025
Changed: Aug 8
Last Checked: May 19 at 8:41PM
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 Call It Closed International Inc.
Investment Insights
Based on property information with market context.
This 37th-floor corner residence offers panoramic views from every room. Located in Buckhead at The Paramount, one of only eight 3-bedroom, 2-bathroom corner units in the building, the home combines high style with functionality. The expansive open layout features 12-foot ceilings, hardwood floors, custom closets, and a sleek dry bar. The designer galley kitchen includes quartz countertops, premium cabinetry, and stainless steel appliances. The primary suite features a spa-style shower, walk-in closet, and skyline views. Two additional bedrooms offer flexibility for a work-from-home setup, media space, or guests. Building amenities include a resort-style pool with cabanas, a tennis court, a fitness center, a coffee bar, a theater room, a business center, and 24/7 concierge service. Two assigned parking spaces are included, one noted for its size and location, plus a garage-level storage unit. The property is located within a 5-minute walk to MARTA, with private direct access to GA-400 via the Lenox Connector.
Key Highlights
- Rare 37th‑floor corner unit with PANORAMIC city views from every room.
- Five‑star building amenities including a resort‑style pool, tennis court, and 24/7 concierge.
- Prime location: 5‑minute walk to MARTA and direct access to GA‑400.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,605
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$412,100
$412.1K
Cap Rate 7%
$294,357
$294.4K
Cap Rate 9%
$228,944
$228.9K
Market Conditions
NOI Build-Up for 1,868 SF
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.
Gross rent
$39.2K $21.00/SF
− Vacancy
−$1.8K −$0.95/SF
EGI
$37.5K $20.06/SF
− OpEx
−$16.9K −$9.02/SF
NOI
$20.6K $11.03/SF
Area
Atlanta, GA
Vacancy
4.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$412,100
Cap Rate 7%
$294,357
Cap Rate 9%
$228,944
Alternative Uses
Best Use
Apartment 5plus
$294.4K
$257.6K – $343.4K
NOI $20,605 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$522.2K
$456.9K – $609.2K
NOI $36,552 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,508
Businesses Nearby
Explore this area
Business Placement
Demographics for 30326, GA
8,729
Population
6,332
Households
1.4
Avg Household Size
36
Median Age
77%
College-Educated
100%
High-School Grad
0.8 sq mi
ZIP Area
10,911
Density / Sq Mi
$113,611
Median Household Income
$74,218
Median Earnings
$2,012
Median Rent
$451,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Rare 37th-floor corner unit with unmatched Buckhead luxury and panoramic views.
Where is this apartment building located?
The property is located at 3445 Stratford Road NE #3703 Atlanta, GA.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Rare 37th‑floor corner unit with PANORAMIC city views from every room.; Five‑star building amenities including a resort‑style pool, tennis court, and 24/7 concierge.; Prime location: 5‑minute walk to MARTA and direct access to GA‑400.
