Midtown Condo with Italian
For Sale
$300,000
955 Juniper Street NE #4331, Atlanta, GA 30309
Spacious top-floor condo near Piedmont Park and the Beltline.
Property Size1,134 SF
Price / SF$264.55
Days on Market581
Property Features for 955 Juniper Street NE #4331
General Information
Standard status
Active
Size
1,134 SF
Property subtype
Condominium
Amenities
Security System
Heat Pump
Central Air
Electric
Central
Ceiling Fan(s)
Dishwasher
Disposal
Electric Range
Range Hood
Refrigerator
Self Cleaning Oven
Washer
Deck, Patio, Porch, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Tile
Building Details
Building Size
1,134 SF
Year Built
1996
Listing Agency:
Atlanta Fine Homes Sotheby's International
(404) 857-7058
Listed By:
First MLS
(404) 857-7058
Source:
Kw
Added: Jan 27, 2025
Changed: Aug 22
Last Checked: Aug 31 at 12:38AM
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 Fine Homes Sotheby's International
Investment Insights
Based on property information with market context.
This top-floor corner condo offers a blend of city living and Italian-inspired charm in the heart of Midtown. The 1,134 square-foot property is conveniently located steps away from Piedmont Park, the Beltline, restaurants, shopping, and public transportation. The interior features hardwood floors, high ceilings, and a fireplace. The open floor plan is suited for both entertaining and relaxation. The kitchen includes Silestone counters and a walk-in pantry. A private, covered deck provides an outdoor space to relax. The community evokes the charm of an Italian villa. Stainless steel appliances have been installed.
Key Highlights
- Steps away from Piedmont Park and the Beltline.
- Top‑floor corner unit with a private, covered deck.**
- Stainless steel appliances.
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
$12,508
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
4.17%
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%
$250,160
$250.2K
Cap Rate 7%
$178,686
$178.7K
Cap Rate 9%
$138,978
$139.0K
Market Conditions
NOI Build-Up for 1,134 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
$23.8K $21.00/SF
− Vacancy
−$1.1K −$0.95/SF
EGI
$22.7K $20.06/SF
− OpEx
−$10.2K −$9.02/SF
NOI
$12.5K $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%
$250,160
Cap Rate 7%
$178,686
Cap Rate 9%
$138,978
Alternative Uses
Best Use
Apartment 5plus
$178.7K
$156.4K – $208.5K
NOI $12,508 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$317.0K
$277.4K – $369.8K
NOI $22,190 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,751
Businesses Nearby
Explore this area
Business Placement
Demographics for 30309, GA
31,856
Population
20,558
Households
1.5
Avg Household Size
34
Median Age
84%
College-Educated
98%
High-School Grad
3.3 sq mi
ZIP Area
9,653
Density / Sq Mi
$111,894
Median Household Income
$81,517
Median Earnings
$2,123
Median Rent
$414,700
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 - Spacious top-floor condo near Piedmont Park and the Beltline.
Where is this apartment building located?
The property is located at 955 Juniper Street NE #4331 Atlanta, GA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Steps away from Piedmont Park and the Beltline.; Top‑floor corner unit with a private, covered deck.**; Stainless steel appliances.
