1284 To Lani Path
Stone Mountain, GA 30083
- 8 beds
- 3 baths
- 2,734 sqft
- 7,405 sqft lot
- $124 per sqft
- 1996 build
- – on site
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!
Last checked:
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Last updated Feb 21, 2025
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MLS# 10463976 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1996
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Construction Materials:Other
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Architectural Style:Traditional
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Structure Type:House
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Roof:Composition
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Foundation Details:Block
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Levels:Two
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Basement:Exterior Entry, Finished, Interior Entry
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Total Finished Area:2734
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Above Grade Finished:2734
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Living Area Source:Owner
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Common Walls:No Common Walls
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Patio And Porch Features:Deck
Interior
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Interior Features:High Ceilings, Pulldown Attic Stairs, Two Story Foyer
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Kitchen Features:Breakfast Area, Pantry
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Security Features:Smoke Detector(s)
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Flooring:Carpet, Hardwood
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Fireplace Features:Family Room, Gas Starter
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Total Fireplaces:1
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Rooms:Bonus Room, Family Room, Foyer
Financial & Terms
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Home Warranty:No
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Possession:Close Of Escrow
Location
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Latitude:33.755725
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Longitude:-84.206757
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Resale
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Lot Features:Private, Sloped
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Lot Size Acres:0.17
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Lot Size Source:Public Records
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Parcel Number:15 223 01 338
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Leased Land:No
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Vegetation:Grassed
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Fencing:Back Yard, Wood
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Waterfront Footage:No
Listing Agent
- Contact info:
- Agent phone:
- (404) 482-2293
- Office phone:
- (404) 482-2293
Taxes
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Tax Year:2024
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Tax Annual Amount:$4,942
Beds
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Bedrooms:8
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Bed Main:5
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Bed Upper Level:3
Baths
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Full Baths:3
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Main Level Full Baths:1
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Upper Level Full Baths:2
Heating & Cooling
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Heating:Central, Electric
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Cooling:Ceiling Fan(s), Central Air, Electric
Utilities
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Utilities:Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Microwave, Oven/Range (Combo), Refrigerator
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Laundry Features:In Basement
Schools
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Elementary School:Allgood
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Elementary Bus:No
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Middle School:Freedom
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Middle School Bus:No
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High School:Clarkston
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High School Bus:No
The Community
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Subdivision:Crystal Lakes
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Community Features:Walk To Schools, Walk To Shopping
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Association:No
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Association Fee Includes:None
Parking
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Parking Features:Attached, Garage, Off Street
Monthly cost estimate
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Asking price
$339,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,820
|
Taxes | $411 |
Insurance | $93 |
Utilities | $217 See report |
Total | $2,541/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/21/25
Feb 21, 2025
|
Listed / Active | GAMLS | $339,900 | 19.3% (7.4% / YR) |
8/8/22
Aug 8, 2022
|
Listed / Active | GAMLS | ||
8/6/22
Aug 6, 2022
|
Relisted | GAMLS |