1929 Lenox Rd NE
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Morningside Elementary School
David T Howard Middle School
Midtown 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 $797/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
- • Favorable cap rate profile (6.7%)
- • 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 |
|---|---|---|---|
| 2026-09-09 | Price change | $1,995,000 | $354 |
| 2026-09-04 | Listed for sale | $2,200,000 | $391 |
| 2026-09-02 | Listing removed | $2,200,000 | $391 |
| 2026-08-14 | Listed for sale | $2,200,000 | $391 |
| 2025-11-11 | Sold | $785,000 | $139 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $9,410.59 | $297,720 |
| 2024 | $9,695.38 | $311,560 |
| 2023 | $5,627.68 | $234,440 |
| 2022 | $6,702.27 | $251,000 |
| 2021 | $6,671.78 | $281,720 |
| 2020 | $8,453.88 | $204,200 |
| 2019 | $7,707.3 | $204,200 |
| 2018 | $7,707.3 | $238,640 |
| 2017 | $7,707.3 | $204,000 |
| 2016 | $8,000.48 | $204,000 |
| 2015 | $6,135.15 | $229,440 |
| 2014 | $5,762.87 | $156,000 |
| 2013 | $5,610.55 | $156,000 |
| 2012 | $5,511.49 | $179,840 |
| 2011 | $0 | $179,840 |
| 2010 | $0 | $195,920 |
| 2009 | $0 | $195,920 |
| 2008 | $0 | $195,920 |
| 2007 | $6,606.82 | $184,040 |
| 2005 | $0 | $184,040 |
| 2004 | $0 | $149,040 |
| 2003 | $6,419.82 | $165,840 |
| 2002 | $0 | $165,840 |
| 2001 | $5,826.92 | $154,880 |
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% × $2,354,100) − $253,395
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: $133,788/yr
On $458,850 invested
Tight qualification
Equity + cumulative cash
Monthly Cash Flow Breakdown
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