Active$337,500
3 bd3 ba1,504 SFTownhouse
863 Cavanaugh Avenue SE
Atlanta, GA 30316 · The Seven At Flat Shoals · 11 days listed
FMLS #7855784 · Listing Provided By EXP Realty, LLC. · 888-959-9461
Active Under Contract43 days listed
498 Burroughs St SE Unit 323, Atlanta, GA 30315
- 2bd
- 2ba
- 1,070SF
FMLS #7837554 · Listing Provided By EAH Brokerage, LP · 770-541-5250 · Listing agent Erica Perryman
Location
498 Burroughs St SE Unit 323, Atlanta GA 30315
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About this home
Zephyr is conveniently located on the southeast side of Atlanta’s downtown core. Chosewood is a neighborhood that is flourishing, with proximity to Grant Park and within walking distance to the Beltline’s Southside Trail. The location boasts an amazing pool and clubhouse, along with our own pocket parks. Spanning 3 stories, the Urban Bungalow is a testament to open-concept living at its finest. Step into the inviting foyer on the lower level, revealing a versatile space that can serve as a bedroom or flex area/home office with a full bath. Venture to the next level and immerse yourself in the expansive kitchen and family room. Transitioning to the top floor, you’ll be greeted by the generously proportioned primary suite and its accompanying bath. The walk-in closet stands as a testament to abundant space and organization, making this suite a haven of comfort and convenience. DISCLAIMER: Kindly note, some of the provided photos offer a glimpse into the forthcoming home currently under construction.
How this list price compares in Atlanta
- List price is 11% below the Atlanta median list price of $380,000 (5,382 homes).
- Compared with 871 townhouses in Atlanta: 27% below the median of $459,900.
- List price per square foot is 24% above the Atlanta median of $255/SF.
- 8 homes for sale in Zephyr.
- All 5,382 homes for sale in Atlanta, GA.
- 6,734 homes for sale in Fulton County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Townhouse
- Status
- Active Under Contract
- Bedrooms
- 2
- Full baths
- 2
- Living area
- 1,070 SF
- Year built
- 2026
- Levels
- Three Or More
- Main-level bedrooms
- 0
- Parking
- On Street
- Style
- Bungalow
- Construction
- Other
- Roof
- Shingle
- Flooring
- Luxury Vinyl
- Heating
- Central, Electric
- Cooling
- Central Air
- Appliances
- Other
- Lot
- Landscaped
- Community
- Barbecue, Clubhouse
- HOA
- $265 annually
- County
- Fulton
Assigned schools
- HighMaynard Jackson
- MiddleMartin L. King Jr.
- ElementaryBenteen
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $337,400 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$2,613/mo
- Principal and interest
- $2,086
- Property tax
- $253
- Home insurance
- $125
- Mortgage insurance
- $127
- HOA dues
- $22
- Loan amount
- $303,660
- Cash down
- $33,740
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses about 0.9% of price per year; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Questions about this home
How do I schedule a showing of this home?
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
How do I get more information about this listing?
Send your question through the form on this page. Listing details come from FMLS and are provided by EAH Brokerage, LP, so confirm them before making an offer.
Is this home still available?
This page shows the status reported in FMLS (Active Under Contract) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
How is the monthly payment estimate calculated?
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
Where can I see similar homes for sale in Atlanta?
See the similar homes section on this page, or browse all homes for sale in Atlanta, GA.
Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- apartment buildings for sale in GAApartment buildings and complexes for sale across Georgia.
- Georgia multifamily investment properties for saleDuplexes to large complexes, with screening cap rates on each building.
- churches for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- apartment complex for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
- commercial real estate for sale in GeorgiaOffice, retail, industrial and other commercial buildings.
Investor research and tools
- apartment cap rates in GeorgiaMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- net operating income explainedHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR loans for apartment buildingsDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- how to use gross rent multiplierGross rent multiplier on apartment buildings: the formula, Georgia asking GRMs, and when GRM misleads.
- cap rate and NOI calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- DSCR calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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