tomo logo

$339,900

Beds
8
Baths
3.0
sq ft
2,734

1284 To Lani Path, Stone Mountain, GA 30083

1284 To Lani Path

Stone Mountain, GA 30083

  • 1 day on market
Calling all real estate investors looking for a strong return on investment! 1284 To Lani Path in Stone Mountain presents a phenomenal opportunity to acquire a property with a 10.25% cap rate. This 8-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong track record of high occupancy. PadSplit is a housing solution platform that helps members find accessible housing throughout the nation. The property is leased directly to PadSplit PadSplit sources and screens members for property owners making this an easy lift for both first-time and seasoned investors alike. Google PadSplit to learn more about the platform and becoming a PadSplit host. 1284 To Lani Path is an excellent location for occupants who live and work in Metro Atlanta. Just 2.5 miles to Indian Creek MARTA station and all of the metro Atlanta accessible via the blue line. Close to restaurants and retail at Redan crossing, this location is sure to be a hit with current and future occupants. Make this cash-flowing winner a part of your real estate portfolio today!

Details

Property type

Single Family Residence

Est. home value

$286,719

Lot size

7,405 sq ft

Price per sq ft

$125

Year built

1996

Annual property taxes

$4,942

HOA

No

Price History

02/21/2025
FMLS

FMLS #7528620

Listed
$339,900
+28.26%
09/01/2022
FMLS

FMLS #7073840

Sold
$265,000

Schools & Community

Elementary school: 

Allgood - Dekalb

Middle school: 

Freedom - Dekalb

High school: 

Clarkston

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$120,877
Asking price
$339,900
Closing costs (~8% of asking)
-$27,192
Est. remaining loan balance
-$191,831
Cash to seller
$120,877

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Stockton Mortgage

Loan start date

October 2022

Original loan amount

$198,750

Est. remaining balance

$191,831

Interest rate

5.13%

Loan type

New Conventional, 30 year

Seller

Aditya Bansal

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 12:35 AM

Listing updated: 02/22/2025 at 8:05 AM

Listed by: Allison Haywood, Bolst, Inc. Phone #: (404) 482-2293

MLS: FMLS #7528620

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