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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Garden apartment buildings
1871 Vesta Ave, East Point, GA 30344-4735
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US22-0678298
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1969
Construction
WOOD
Total area
4,704 SF
Lot
0.63 ac (27,269 SF)
Zoning code
R1
APN
14 016300100218
UPID
US22-0678298
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$755k
CAP Approach
CAP
$800k
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$910k
Owner & transaction history
Robert L Mayfield · 8 yrs held
Robert L Mayfield
since 2018
7 recorded transactions
Zoning & alternative use
R1 · East Point, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs East Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Point submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$755,000
CAP Approach
CAP Return
Estimation
6%
$865,000
6.5%
$800,000
7%
$740,000
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$193 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,098
Tax year 2023
Assessed value
$322,320
Assessed 2023
Previous assessed
$322,320
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$87,240
Assessed improvement
$235,080
Land market value
$218,100
Improvement market value
$587,700
Total market value
$805,800
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1969
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
6
Bathrooms
4
Total area
4,704 SF
Lot
0.63 ac (27,269 SF)
Zoning code
R1
APN
14 016300100218
UPID
US22-0678298
Jurisdiction
FULTON
Zoning & alternative use
R1 · East Point, GA
Zoning R1 · permitted uses
R1 · East Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
6
Bathrooms
4
Lot
0.63 ac
Current owner
From public records · entity-resolved
Robert L Mayfield
Individual
Mailing address
1981 LYLE AVE, ATLANTA, GA 30337-1109
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2018
$815,000
Robert L Mayfield
D S Tate Properties LLC
Grant Deed
—
Nov 12, 2014
$400,000
Ds Tate Properties LLC
Vesta Partners LLC
Grant Deed
$393,574 · Hilco R/e Fin
Feb 24, 2010
$154,000
Vesta Partners LLC
Ib Property Holdings LLC
Grant Deed
—
Jul 5, 2007
$470,000
Terry Thompson
Ib Property Holdings LLC
Deed
$399,500 · Interbay Fndg LLC
Jun 29, 2007
$470,000
Terry Thompson
Ib Propertyh Holding LLC
Grant Deed
—
Mar 2, 2007
—
Ib Property Holdings LLC
Bayview Loan Servicing LLC
Grant Deed
related
—
Mar 2, 2007
$449,900
Bayview Loan Servicing LLC
Perkins,alice
Trustees Deed
related
—
Jan 2, 2007
—
Bayview Loan Serviving LLC
Perkins,alice
Grant Deed
related
—
Jun 17, 2004
—
Perkins,alice & Maurice N
Perkins,alice
Quit Claim Deed
related
—
—
—
Vesta Partners LLC
—
Deed Of Trust
related
$400,000 · Gallaway James D
—
—
Terry Thompson
—
Deed Of Trust
related
$399,500 · Interbay Funding LLC
—
—
Ds Tate Properties LLC
—
Deed Of Trust
related
$532,500 · Velocity Com'l Cap
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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