494 S Malton Court
Stone Mountain, GA 30083
- 8 beds
- 3 baths
- 2,244 sqft
- 15,682 sqft lot
- $149 per sqft
- 1978 build
- – on site
Calling all real estate investors looking for a strong return on investment! 494 South Malton Court in Stone Mountain presents a fantastic opportunity to acquire a property with a 10.3% 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. Located near North Hairston Road, 494 South Malton Court is just 0.4 miles to the nearest Marta Bus route. A direct bus ride takes you to Indian creek MARTA station a short 15-mins by bus making it easy and seamless to access all of Metro Atlanta. Mere minutes to a Walmart Supercenter, the location is prime for current and future occupants who seek the convenience of having groceries and shopping just a short ride away. 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# 10463928 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1978
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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:Slab
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Levels:Two
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Basement:None
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Total Finished Area:2244
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Above Grade Finished:2244
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Living Area Source:Public Records
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Common Walls:No Common Walls
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Patio And Porch Features:Deck, Porch
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Green Water Conservation:Low-Flow Fixtures
Interior
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Interior Features:Bookcases, Pulldown Attic Stairs, Walk-In Closet(s)
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Kitchen Features:Breakfast Area, Breakfast Bar, Pantry, Solid Surface Counters
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Dining room Features:Separate Room
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Security Features:Smoke Detector(s)
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Flooring:Hardwood, Tile
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Fireplace Features:Family Room
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Total Fireplaces:1
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Rooms:Den, Family Room, Foyer, Sun Room
Financial & Terms
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Home Warranty:No
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Possession:Close Of Escrow
Location
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Latitude:33.790412
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Longitude:-84.197249
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:Cul-De-Sac, Level, Private
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Lot Size Acres:0.36
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Lot Size Source:Public Records
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Parcel Number:18 040 02 097
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Leased Land:No
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Vegetation:Grassed, Partially Wooded
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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:$5,754
Beds
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Bedrooms:8
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Bed Main:4
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Bed Upper Level:4
Baths
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Full Baths:3
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Upper Level Full Baths:3
Heating & Cooling
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Heating:Central, Forced Air, Natural Gas
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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, Sewer Available
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Disposal, Gas Water Heater, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
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Laundry Features:In Kitchen
Schools
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Elementary School:Rockbridge
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Elementary Bus:No
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Middle School:Stone Mountain
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Middle School Bus:No
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High School:Stone Mountain
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High School Bus:No
The Community
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Subdivision:Heathcliff
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Community Features:Street Lights, 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, Garage Door Opener, Kitchen Level, Off Street
Monthly cost estimate
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Asking price
$334,900
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. |
$1,793
|
Taxes | $479 |
Insurance | $92 |
Utilities | $216 See report |
Total | $2,580/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 | $334,900 | 28.8% (8.2% / YR) |
8/23/21
Aug 23, 2021
|
FMLS | $260,000 | 48.7% (21.1% / YR) | |
5/3/19
May 3, 2019
|
FMLS | $174,900 |