678 Commercial Ave NW
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Woodson Park Academy
Douglass High School
Atlanta, GA Investment Analysis (2026)
Cap Rate Range: 6.2% - 7.5% · Median Rent: $2,650/mo · Effective Tax: 0.91%
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-110/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
- • Favorable cap rate profile (5.7%)
- • Strong rental demand in Atlanta
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-11 | Listed for sale | $250,000 | $210 |
| 2026-09-11 | Listing removed | $269,000 | $226 |
| 2026-07-30 | Listed for sale | $269,000 | $226 |
| 2024-10-09 | Listing removed | $276,000 | $232 |
| 2024-09-17 | Price change | $276,000 | $232 |
| 2024-09-09 | Listed for sale | $289,000 | $243 |
| 2024-08-28 | Listing removed | $0 | – |
| 2024-07-26 | Price change | $295,000 | $248 |
| 2024-07-18 | Listed for sale | $315,000 | $265 |
| 2024-05-02 | Listing removed | $0 | – |
| 2024-04-17 | Listed for rent | $2,700 | $2 |
| 2023-03-22 | Listing removed | $0 | – |
| 2023-03-09 | Listed for rent | $3,000 | $3 |
| 2023-02-04 | Listing removed | $0 | – |
| 2023-01-28 | Listed for rent | $3,000 | $3 |
| 2022-11-01 | Sold | $274,900 | $231 |
| 2022-09-15 | Pending sale | $274,900 | $231 |
| 2022-08-30 | Price change | $274,900 | $231 |
| 2022-08-12 | Listed for sale | $289,900 | $244 |
| 2020-08-31 | Sold | $153,000 | $129 |
| 2020-03-28 | Listing removed | $1,325 | $1 |
| 2020-03-04 | Listed for rent | $1,325 | $1 |
| 2019-08-30 | Sold | $42,000 | $35 |
| 2019-08-13 | Pending sale | $50,000 | $42 |
| 2019-07-11 | Price change | $50,000 | $42 |
| 2019-06-19 | Listed for sale | $65,000 | $55 |
| 2015-06-04 | Sold | $10,000 | $8 |
| 2015-04-13 | Sold | $6,000 | $5 |
| 2014-11-04 | Sold | $61,412 | $52 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,103.81 | $124,760 |
| 2024 | $4,608.21 | $112,560 |
| 2023 | $3,507.72 | $109,960 |
| 2022 | $3,124.28 | $77,200 |
| 2021 | $2,268.56 | $56,000 |
| 2020 | $988.63 | $23,880 |
| 2019 | $976.55 | $13,280 |
| 2018 | $976.55 | $8,680 |
| 2017 | $976.55 | $4,000 |
| 2016 | $789.95 | $4,000 |
| 2015 | $975.56 | $8,440 |
| 2014 | $10.13 | $8,440 |
| 2013 | $0 | $5,240 |
| 2012 | $0 | $5,240 |
| 2011 | $0 | $5,840 |
| 2010 | $0 | $14,320 |
| 2009 | $0 | $17,400 |
| 2008 | $0 | $20,400 |
| 2007 | $2.6 | $20,400 |
| 2005 | $35.87 | $20,400 |
| 2004 | $0 | $20,200 |
| 2003 | $0 | $19,160 |
| 2002 | $32.9 | $17,840 |
| 2001 | $16.22 | $12,920 |
ARV, Rehab & Maximum Allowable Offer (MAO)
Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.
Calculated as (75% × $295,000) − $53,505
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $14,251/yr
On $57,500 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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