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Property Location

3030 N River North Parkway, Atlanta GA 30350

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List Price $490,000

Units 1

Est. Cap Rate 1.5%

Est. Cash-on-Cash -17.8%

Price / Unit $490,000

Est. Year 1 Cash Flow $-21,813 after debt service

3030 N River North Parkway Atlanta, GA 30350

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

Nestled on a quiet cul-de-sac in the prestigious River North community of Sandy Springs, this exceptional hilltop homesite at 3030 River North Parkway presents a rare opportunity to build a custom luxury residence with amazing elevated views in one of Atlanta’s most sought-after locations. Surrounded by established estate homes, mature trees, and close proximity to the Chattahoochee River, the property offers privacy, elegance, and convenience just minutes from top-rated schools, premier dining, shopping, and major highways. Located in a non-HOA neighborhood, the property offers added flexibility and freedom for homeowners and builders alike. The lot features an existing foundation and driveway from the previous residence, offering added value and a potential head start for construction. Architectural plans are included with the sale, and permitting is currently under review with the City of Sandy Springs, making this an outstanding opportunity for buyers and builders ready to bring a vision to life in this highly desirable enclave.

Investment Notes — Atlanta

Located in the Atlanta, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $490,000 Verified

Est. Cap Rate 1.54% Modeled

Est. Cash-on-Cash -17.81% Modeled

Est. Gross Income $15,360 Modeled

Est. NOI $7,526 Modeled

 Est. Year 1 Cash Flow  $-21,813  after debt service (25% down / 7% / 30-yr)  Modeled   

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. Pre-filled from Modeled Estimate. Override any value to model your own scenario.

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Modeled Estimate

Annual Gross Potential Income Editable

Modeled Estimate

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

46%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Atlanta. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Review Further.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Review Further

Jeff’s Investment Take

Further review recommended before moving forward.

Est. Cap1.5%

Est. CoC-17.8%

Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7773424 · Listing courtesy of Berkshire Hathaway HomeServices Georgia Properties, Argelis PerezCortez · 770-973-8822

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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