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$325,000

For Sale - Active
3235 Roswell Rd NE Unit 702, Atlanta, GA 30305
1 Bed
0 Baths
1,960 Square Feet
0.00 Acres Lot
Built in 1999
For Sale - Active
1 Units
Checked: 1 hour ago
Updated: Jun 12, 2025 at 03:56AM

Investment Summary


Monthly Cash Flow
-$458
Cap Rate
4.5%
Cash-on-Cash Return
-7.4%
Debt Coverage Ratio
0.72
Internal Rate of Return (5 years)
-3.1%

Property Description


0.00 Acres Lot
Built in 1999
For Sale - Active
1 Units

Experience the perfect blend of historic charm and modern living in this stunning 1-bedroom, 1-bath loft located in the heart of Buckhead!!! Unparalleled access to the city's finest dining, shopping, and entertainment destinations. The neighborhood is known for its upscale boutiques, gourmet restaurants, and lively nightlife, all within walking distance of your front door. Amenities include designated parking in the secured garage, pool, fenced dog park, dedicated doorman, 24 hour concierge, state-of-the-art fitness center, rooftop terrace, and secured building access with key card and convenient app accessible entry at elevators and all entrances. This spacious, light-filled unit features soaring ceilings, exposed brick walls, and oversized industrial-style windows that flood the space with natural light, creating an inviting and airy ambiance. The open-concept layout seamlessly connects the living, dining, and kitchen areas-ideal for both relaxing and entertaining.The gourmet kitchen boasts granite countertops, stainless steel appliances, and ample cabinetry, making it a culinary enthusiast's dream. Step outside onto your private balcony, perfect for morning coffee or evening unwinding with views of the vibrant Buckhead streetscape.This unit includes access to resort-style amenities, including a sparkling pool and spa, fully equipped fitness center, dog park, and 24/7 concierge and security services. Located in a secured building with gated parking, this home also includes a 1-year home warranty for added peace of mind. Walk to Buckhead Village District, high-end shopping, premier dining, nightlife, and nearby parks and trails. With unbeatable location, modern updates, and exceptional amenities, this loft offers the ultimate urban lifestyle at an affordable price point.

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Location


Property Details


Parking

  • Description: Assigned, Garage
  • Details: Assigned, Garage
  • Garage Spaces: 1
  • Spaces Total: 1

Bedroom Information

  • # of Bedrooms: 1

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Total): 0.0

Interior Features

  • # of Rooms: 3
  • # of Stories: 1
  • Basement Description: None

Exterior Features

  • Exterior Walls Materials: Rock, Stone
  • Roof Material: Other

HOA

  • Has HOA: Yes
  • HOA Fee: $673/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Condominium Unit

Lot Information

  • Parcel ID: 17009900030839
  • Lot Size: 0 sqft

Property Information

  • Property Type: Condominium
  • Style: Brick 4 Side, Brick Front
  • Year Built: 1999

Tax Information

  • Annual Tax: $5,542

Utilities

  • Water & Sewer: Public
  • Heating: Central, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Fulton

Listing Details


Listed by:
Sandra Butler
Keller Williams Realty
(404) 419-3500

Source:
Georgia MLS
MLS#: 10527432
Georgia MLS

Investment Summary


Monthly Cash Flow
-$458
Cap Rate
4.5%
Cash-on-Cash Return
-7.4%
Debt Coverage Ratio
0.72
Internal Rate of Return (5 years)
-3.1%

Purchase Details

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Purchase price:
$325,000
Amount financed:
-$260,000
Down payment:
$65,000
Closing costs:
$9,750
Rehab costs:
$0
Initial cash invested:
$74,750
Square feet:
1,960
Cost per square foot:
$166
Monthly rent per square foot:
$1.28

Financing Details

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Loan amount:
$260,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,665
Property tax:
$462
Insurance:
$175
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,302

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,500 $30,000
Vacancy loss: (6%)
6% -$150 -$1,800
Operating income:
$2,350 $28,200

Operating Expenses


% Rent Monthly Yearly
Property taxes: (18%)
18%-$462-$5,542
Insurance: (7%)
7%-$175-$2,100
Property management: (8%)
8%-$200-$2,400
Repairs & maintenance: (5%)
5%-$125-$1,500
Capital expenditures: (5%)
5%-$125-$1,500
HOA fees: (2%)
2%-$56-$672
Total operating expenses: (46%)
46%-$1,143-$13,714

Cash Flow


Monthly Yearly
Net operating income:
$1,207 $14,484
Mortgage payments:
-$1,665 -$19,980
Cash flow:
$458 $5,496