395 Central Park Place NE #610 Atlanta, GA 30312
Stylish 2-bedroom condo near BeltLine and Ponce City Market.
Property Features for 395 Central Park Place NE #610
General Information
- Standard status
- Active
- Size
- 1,349 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 2002
Listing office Knight & Drews (619) 709-4262
Listing date Jun 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 Knight & Drews
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Old Fourth Ward location: Steps from the BeltLine, Ponce City Market, restaurants, cafes, and green spaces.
- Modern, open‑concept loft with soaring ceilings, polished concrete floors, and floor‑to‑ceiling windows.
- Private balcony with breathtaking city views.
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 | $28.3k | $21.00 |
| − Vacancy | −$1.3k | −$0.95 |
| EGI | $27.1k | $20.06 |
| − OpEx | −$12.2k | −$9.02 |
| NOI | $14.9k | $11.03 |
