2191 Rockbridge Rd Apt 601 Stone Mountain, GA 30087

2 beds · 2 baths · 1,208 sq ft · Lot Size: 436 sq ft · Residential Condominium
Est. Property Value: $221,702

High Demand Long-Term RentalValued below Market MedianOwned for 5 - 10 Years

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

2191 Rockbridge Rd Apt 601 is in the 30087 neighborhood of Stone Mountain, GA. It is located in Gwinnett County and ZIP code 30087. This Residential Condominium was built in 2000 and is approximately 25 years old. The residential condominium spans 1208 sq ft with 2 bedrooms and 2 bathrooms and sits on a 436 sq ft lot. According to public records, it was last sold in 2020 for $148,000 and has a tax-assessed value of $238,600, which is $184 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 2191 Rockbridge Rd Apt 601 Stone Mountain, GA 30087 with Property Intel by Whitepages.

Owners & Occupancy for 2191 Rockbridge Rd Apt 601

No contact information is available.

Occupancy

Resident 1**************** age 86
Resident 2*************** age 82

Property Financials for 2191 Rockbridge Rd Apt 601

2191 Rockbridge Rd Apt 601, Stone Mountain, GA has a mortgage from Quicken Lns Inc (orig. February 14, 2020). The Gwinnett county assessment for 2024 values it at $238,600, with annual taxes of $947.

Mortgage & Equity Information

Loan Amount$******
LenderQuicken Lns Inc
Origination DateFebruary 14, 2020
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateFebruary 14, 2020
Property Tax Amount$947 in 2023
Purchase Price$148,000
Assessed Value$238,600 on 2024

Investment Potential for 2191 Rockbridge Rd Apt 601

The property has a current estimated value of $221,702, which is 18% below the zip median, based on public records. It last sold on February 14, 2020 for $148K. Projected long-term
is $24,000 annually ($2,000 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$24,000 per year($2,000 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
96%in 30087 zip code
 
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Property Details for 2191 Rockbridge Rd Apt 601

Property Details

Property Sq Ft

Living Area

1,208 sq ft

29% below market

Lot Size

436 sq ft

0% above market

Price Per Sq Ft

Living Area

$184 / sq ft

14% above market

Lot Size Area

$508 / sq ft

14% below market

Property condition, age, exterior, etc. for 2191 Rockb…
Longitude: -84.111085 Latitude: 33.818258 Parcel Number (APN): R6058-340…

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Market Benchmarks

Compare data for 2191 Rockbridge Rd Apt 601 in Gwinnett County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$221,702
$298,719
-$77,018 (-26%)
$******
$445,015
-$19,087 (-4%)
YoY Price Change
****%
0.21%
1683%
Year Built
2000
1986
14 years
Living Space
1,208 sq ft
1,238 sq ft
-30 (-2%)
$ Per Living Sq Ft
$184
$240
-$57 (-24%)
Lot Size
436 sq ft
1,307 sq ft
-871 (-67%)
$ Per Lot Sq Ft
$508
$261
$248 (95%)

Net Operating Income
$*****
$15,670
$2,551 (16%)
Annual Revenue
$24,000
$24,000
$0 (0%)
$****
$8,106
-$2,326 (-29%)
Net Operating Income
$*****
$15,670
$2,551 (16%)
Cap Rate
****%
5.49%
—
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Home Value Comparison: Property vs. Local and Regional 2-Bed Residential Condominium Medians

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