Updated Condo Near Marietta
908 Cannongate Crossing SW Marietta, GA 30064
For Sale
$247,000
Updated 2-bedroom, 2-bath condo with modern amenities and convenient location.
Property Size1,452 SF
Price / SF$170.11
Days on Market367
Property Features for 908 Cannongate Crossing SW
General Information
- Standard status
- Active
- Size
- 1,452 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1983
Listing Agency:
Atlanta-Peachtree Road
(770) 330-7477
Listed By:
Jill Rice · License #353868
(770) 330-7477
Source:
Kw
Added: Jul 23, 2025
Changed: Jul 6
Last Checked: Jul 23 at 7:25AM
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 Atlanta-Peachtree Road
Investment Insights
Based on property information with market context.
This updated condo features 2 bedrooms and 2 bathrooms, offering a blend of comfort and convenience less than 2 miles from Marietta Square. The interior boasts stylish LVP flooring, a fireplace with built-in bookcases, and a separate dining room. The refreshed kitchen includes white cabinetry, granite countertops, and stainless steel appliances. A sunroom, lined with windows and filled with natural light, can serve as a home office, playroom, or retreat. The oversized primary suite features a walk-in closet. The second bedroom is suitable for guests or hobbies. A private balcony offers views of mature trees and green space. The community provides a pool and grassy areas for recreation. The property size is 1452 square feet.
Key Highlights
- Unbeatable location less than 2 miles from Marietta Square.
- Updated kitchen featuring white cabinetry, granite countertops, and stainless steel appliances.
- Stylish LVP flooring and inviting fireplace with built‑in bookcases.
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 | $37.8k | $26.04 |
| − Vacancy | −$2.3k | −$1.61 |
| EGI | $35.5k | $24.43 |
| − OpEx | −$16.0k | −$10.99 |
| NOI | $19.5k | $13.43 |
1,452 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$278.7K
$243.8K – $325.1K
NOI $19,506 @ 7.0% cap · market cap 7.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$407.7K
$356.8K – $475.7K
NOI $28,541 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Updated 2-bedroom, 2-bath condo with modern amenities and convenient location.
Where is this apartment building located?
The property is located at 908 Cannongate Crossing SW Marietta, GA.
What is the asking price?
The asking price for this property is $247,000.
What are key features of this property?
This property features: Unbeatable location less than 2 miles from Marietta Square.; Updated kitchen featuring white cabinetry, granite countertops, and stainless steel appliances.; Stylish LVP flooring and inviting fireplace with built‑in bookcases.
