Score
0East Pt, GA
2520 Sylvan Rd
255K
3 beds
1 baths
1,240 sqft
3 bd • 1 ba • 1,240 sf
This analysis was generated on 2/27/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$254,600
Price/Sq.Ft
$205
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Affordable price per square foot: At $205.32 per square foot, the property is competitively priced compared to the median price per square foot in many parts of the Atlanta metropolitan area. This could attract budget-conscious buyers.
• Rental income potential: With a potential monthly rental income of $1,890 for a 3-bedroom property, it offers a reasonable return on investment, particularly given the median income in the area.
• Proximity to Atlanta: East Point's location near Atlanta provides access to a wide range of employment opportunities, cultural attractions, and amenities.
• Established neighborhood: Sylvan Rd is likely located in an established neighborhood, which often means access to existing infrastructure and community resources.
The Bad
• Unknown year built: The missing year built is a significant drawback. It makes assessing the property's condition and potential maintenance needs difficult. Older homes often require more upkeep and may have outdated systems.
• No listed features: The absence of any listed features is concerning. It means potential buyers have very little information about the property's amenities or condition. This lack of transparency could deter some buyers.
• Limited information: The lack of a property description and room details makes it challenging to evaluate the property's suitability. Buyers will need to conduct thorough on-site inspections and additional research.
The Ugly
• Potential for hidden maintenance issues: The combination of an unknown year built and no listed features raises concerns about potential hidden maintenance issues. Buyers should be prepared for possible repairs to structural components, plumbing, electrical systems, and roofing.
• Unknown condition: Without detailed information, it's impossible to assess the property's true condition. Buyers should budget for thorough inspections to identify any underlying problems that could be costly to address.
• Risk of unexpected expenses: The lack of information increases the risk of unexpected expenses related to repairs, upgrades, or code compliance. Buyers should factor in a contingency fund to cover these potential costs.
• One bathroom for three bedrooms: Having only one bathroom for a three-bedroom house may make it less attractive for families.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Value-conscious buyers seeking an affordable entry point into the East Point market. The property's price point of $254,600 is relatively accessible, especially compared to newer construction in the area.
• Investors interested in rental income. With a potential monthly rental income of $1,890 for a 3-bedroom property, it offers a reasonable return on investment, particularly given the median income in the area.
• Buyers comfortable with modest-sized homes. At 1,240 sqft, the property is suitable for individuals or small families who don't require a large living space.
• Buyers who are willing to undertake renovations. Given the unknown age and lack of listed features, the property may appeal to those looking to customize and update a home to their preferences.
Not For
• Buyers seeking modern, move-in-ready homes. The lack of listed features and unknown age suggests potential renovations are needed.
• Buyers requiring larger living spaces. At 1,240 sqft, the property may not be suitable for larger families or those who prefer spacious homes.
• Buyers with limited renovation budgets. Given the potential need for updates and repairs in an older home, those without a budget for improvements may want to consider other options.
• Buyers who prefer detailed property information upfront. The limited description and lack of listed features require potential buyers to conduct thorough due diligence.
Demographics
Area Median Income
$49,135
Property History
Price History
Ownership Timeline
$140,000Cash Purchase
May 30, 2017Dennis B TuckerJolibois Khalil
Warranty Deed
Standard Sale (Purchase/Resales)
$158,000Financed
Jun 30, 2004Cascone, Karen BTucker, Dennis B
Deed
Non-Residential Arm's Length Transactions
Sunlight Analysis
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Sunlight Analysis
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Financials
Monthly Costs
Market Rent (3 bed)
Get a detailed estimate on Zillow$1,345
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$254,600
Price/sqft
$205
Layout
3 bd•1 ba
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$153,333
66.0%
Your price is 66.0% above average
Median Price
$135,000
88.6%
Based on 6 recent sales
Price per Sq.Ft
$127
61.7%
Your price is 61.7% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 272 Mount Zion Road, Hapeville, GA 30354 | $220,000 | 1,320 | 3 | 1 | $16718.8% | 1/15/2025 |
| 272 Mount Zion Road, Hapeville, GA 30354 | $220,000 | 1,320 | 3 | 1 | $16718.8% | 1/14/2025 |
| 2986 Harlan Drive, Atlanta, GA 30344 | $135,000 | 1,140 | 3 | 1 | $11842.3% | 12/18/2024 |
| 2981 Palm Drive, East Point, GA 30344 | $105,000 | 1,096 | 3 | 1 | $9653.3% | 12/16/2024 |
| 2981 Palm Drive, East Point, GA 30344 | $105,000 | 1,096 | 3 | 1 | $9653.3% | 12/16/2024 |
| 2986 Harlan Drive, Atlanta, GA 30344 | $135,000 | 1,140 | 3 | 1 | $11842.3% | 10/31/2024 |
272 Mount Zion Road, Hapeville, GA 30354
Price: $220,000
Sq.Ft: 1,320
Beds/Baths: 3/1
$/Sq.Ft:
$16718.8%
Sale Date: 1/15/2025
272 Mount Zion Road, Hapeville, GA 30354
Price: $220,000
Sq.Ft: 1,320
Beds/Baths: 3/1
$/Sq.Ft:
$16718.8%
Sale Date: 1/14/2025
2986 Harlan Drive, Atlanta, GA 30344
Price: $135,000
Sq.Ft: 1,140
Beds/Baths: 3/1
$/Sq.Ft:
$11842.3%
Sale Date: 12/18/2024
2981 Palm Drive, East Point, GA 30344
Price: $105,000
Sq.Ft: 1,096
Beds/Baths: 3/1
$/Sq.Ft:
$9653.3%
Sale Date: 12/16/2024
2981 Palm Drive, East Point, GA 30344
Price: $105,000
Sq.Ft: 1,096
Beds/Baths: 3/1
$/Sq.Ft:
$9653.3%
Sale Date: 12/16/2024
2986 Harlan Drive, Atlanta, GA 30344
Price: $135,000
Sq.Ft: 1,140
Beds/Baths: 3/1
$/Sq.Ft:
$11842.3%
Sale Date: 10/31/2024
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