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Property profile & analytics
OFF-MARKET
Estimated value
$1,390,000
Garden apartment buildings
1988 Stanton Rd, East Point, GA 30344-1316
Individually Owned
14-yr Hold
Property ID
US22-4725634
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1958
Construction
WOOD
Total area
11,648 SF
Lot
1.94 ac (84,681 SF)
Zoning code
R3
APN
14 0167 LL0324
UPID
US22-4725634
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.39M
Owner & transaction history
Atlanta Nbrhd Dev Ptshp · 14 yrs held
Atlanta Nbrhd Dev Ptshp
since 2012
7 recorded transactions
Zoning & alternative use
R3 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.39M
Range $1.25M – $1.53M · ±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
$119 / 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
$10,673
Tax year 2023
Assessed value
$378,120
Assessed 2023
Previous assessed
$378,120
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$120,000
Assessed improvement
$258,120
Land market value
$300,000
Improvement market value
$645,300
Total market value
$945,300
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
1958
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
12
Bathrooms
2
Total area
11,648 SF
Lot
1.94 ac (84,681 SF)
Zoning code
R3
APN
14 0167 LL0324
UPID
US22-4725634
Jurisdiction
FULTON
Zoning & alternative use
R3 · East Point, GA
Zoning R3 · permitted uses
R3 · 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
1958
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
12
Bathrooms
2
Lot
1.94 ac
Current owner
From public records · entity-resolved
Atlanta Nbrhd Dev Ptshp
Individual
Mailing address
PO BOX 250509, ATLANTA, GA 30325-1509
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2012
$204,000
Atlanta Nbrhd Dev Ptshp
Se Apartment Holding Group LLC
Grant Deed
—
Jan 10, 2012
$173,000
Se Apartment Holding Group LLC
Shepherd,nettie T
Warranty Deed
$60,000 · Nettie T Sheperd
Jan 10, 2012
—
Se Apartment Holding Group LLC
Shepherd,o L
Grant Deed
related
—
Oct 31, 2011
—
Nettie T Shepherd
3120 Broadway LLC
Quit Claim Deed
related
—
Oct 25, 2011
—
Nettie T Shepherd
3120 Broadway LLC
Quit Claim Deed
related
—
Oct 15, 2007
$600,000
3120 Broadway LLC
Shepherd,nettie T & O L
Grant Deed
$235,000 · Nettie T & O L Shepherd
Jun 14, 2007
$600,000
3120 Broadway LLC
Shepherd,nettie T
Grant Deed
—
—
—
Atlanta Nbrhd Dev Ptshp
—
Deed Of Trust
related
$3,191,451 · Miscellaneous Govt Agcy
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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