Status: Sold
494 S Malton Ct
Stone Mountain, GA 30083
Sold Price
$312,500
Sold on Apr 18, 2025
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!
Read more
- Bedrooms
- 8
- Baths
- 3
- House Size
- 2,244 sqft
- Year Built
- 1978
- Lot Size
- 0.36 ac
Location
Curious what your home is worth?
Get the most accurate free home valuation in minutes
Get My Free ValuationOrchard is 25% more accurate than the rest
Interior Information
- appliances
- Range
- Oven
- Disposal
- Gas Water Heater
- Microwave
- Refrigerator
- Stainless Steel Appliance(s)
- basement
- None
- cooling
- Ceiling Fan(s)
- Central Air
- Electric
- features
- Breakfast Bar
- Pantry
- Entrance Foyer
- Bookcases
- Walk-in Closet(s)
- High Speed Internet
- fireplace
- Family Room
- flooring
- Hardwood
- Tile
- heating
- Central
- Forced Air
- Natural Gas
- laundry features
- In Kitchen
Exterior Information
- fence
- Back Yard
- Wood
- patio and porch
- Deck
- Porch
- roof
- Composition
Property Information
- architectural style
- Traditional
- community
- Street Lights
- construction
- Other
- foundation
- Slab
- lot
- Cul-de-sac
- Level
- Private
- parking
- Attached
- Garage
- Garage Door Opener
- Kitchen Level
- Off Street
- security features
- Smoke Detector(s)
- sewer
- Public Sewer
- subdivision name
- Heathcliff
- utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- Sewer Available
- water source
- Public
- Listed By Allison Haywood
- allison@haywood.homes
- (404) 482-2293
- Bolst, Inc.
- (404) 482-2293
- cathryn@bolst.homes
- MLS 10463928
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
|---|---|---|---|---|
| 2024 | $5,754 (-4.7%) | $60,000 | $242,600 | $302,600 (-5.9%) |
| 2023 | $6,039 (+22.7%) | $60,000 | $261,700 | $321,700 (+23.7%) |
| 2022 | $4,921 (+86.1%) | $42,100 | $217,900 | $260,000 (+33.3%) |
| 2021 | $2,645 (+11.5%) | $43,800 | $151,200 | $195,000 (+11.5%) |
| 2020 | $2,373 | $14,600 | $160,300 | $174,900 |
Tax data provied by Attom
