Updated Condo Near Marietta
For Sale
$247,000
908 Cannongate Crossing SW, Marietta, GA 30064
Updated 2-bedroom, 2-bath condo with modern amenities and convenient location.
Property Size1,452 SF
Price / SF$170.11
Days on Market460
Property Features for 908 Cannongate Crossing SW
General Information
Standard status
Active
Size
1,452 SF
Property subtype
Condominium
Amenities
Natural Gas
Central Air
Ceiling Fan(s)
Dishwasher
Electric Range
Gas Water Heater
Microwave
Refrigerator
Deck, Patio, Pool, Porch, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Composition
Building Details
Building Size
1,452 SF
Year Built
1983
Listing Agency:
Atlanta-Peachtree Road
Listed By:
Jill Rice · License #353868
(770) 330-7477
Source:
Kw
Added: Jul 23, 2025
Changed: Oct 12
Last Checked: Oct 23 at 4:45PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$19,506
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,120
$390.1K
Cap Rate 7%
$278,657
$278.7K
Cap Rate 9%
$216,733
$216.7K
Market Conditions
NOI Build-Up for 1,452 SF
Gross rent
$37.8K $26.04/SF
− Vacancy
−$2.3K −$1.61/SF
EGI
$35.5K $24.43/SF
− OpEx
−$16.0K −$10.99/SF
NOI
$19.5K $13.43/SF
Area
Cobb County, GA
Vacancy
6.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,120
Cap Rate 7%
$278,657
Cap Rate 9%
$216,733
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 authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
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Business Placement
Demographics for 30064, GA
50,568
Population
19,076
Households
2.7
Avg Household Size
43
Median Age
58%
College-Educated
96%
High-School Grad
30.7 sq mi
ZIP Area
1,647
Density / Sq Mi
$118,511
Median Household Income
$56,400
Median Earnings
$1,635
Median Rent
$420,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
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.
