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  5. Capital 8 Condo
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Capital 8 Condo

562 Formwalt Street, Atlanta, GA, 30312

YEAR BUILT

1961

# STORIES

# TOTAL UNITS

7

UNIT SIZE RANGE

-

Description

Capital 8 Condo is located at 562 Formwalt Street in Atlanta. It sits near the intersection of Metropolitan Parkway SW and Erin Avenue SW. The Chattahoochee River offers a scenic nearby water feature. The building's design is simple and blends with the surrounding area. Constructed in 1961, this low-rise building contains 7 condo units. The units vary in size and include options with 1 and 2 bedrooms. Prices for these condos range from $161,000 to $225,000. Each unit provides an opportunity for different living arrangements. The neighborhood has various amenities. Sidewalks and street lights enhance the area, creating an inviting feel. Nearby public transport makes travel around the city straightforward. Parks and greenways lie within easy reach for outdoor enthusiasts. Grocery needs can be met at Nick's Market Place. Dining options are available at spots like BBQ Suite and Museumbar Restaurant Bar Lounge. These local spots add to the neighborhood's charm and appeal. Residents can access recreational areas for relaxation and leisure. Common areas around the building enhance daily living. Access to trails and parks provides options for exercise and nature walks. The location balances urban life with outdoor opportunities. Overall, Capital 8 Condo offers a mix of comfort and convenient access to Atlanta's vibrant life and nature.

Building ImageMLS ID #7561235
Building ImageMLS ID #7551571
Building Image
Building ImageView Listing

Capital 8 Condo

562 Formwalt Street, Atlanta, GA, 30312

YEAR BUILT

1961

# STORIES

# TOTAL UNITS

7

UNIT SIZE RANGE

-

Description

Capital 8 Condo is located at 562 Formwalt Street in Atlanta. It sits near the intersection of Metropolitan Parkway SW and Erin Avenue SW. The Chattahoochee River offers a scenic nearby water feature. The building's design is simple and blends with the surrounding area. Constructed in 1961, this low-rise building contains 7 condo units. The units vary in size and include options with 1 and 2 bedrooms. Prices for these condos range from $161,000 to $225,000. Each unit provides an opportunity for different living arrangements. The neighborhood has various amenities. Sidewalks and street lights enhance the area, creating an inviting feel. Nearby public transport makes travel around the city straightforward. Parks and greenways lie within easy reach for outdoor enthusiasts. Grocery needs can be met at Nick's Market Place. Dining options are available at spots like BBQ Suite and Museumbar Restaurant Bar Lounge. These local spots add to the neighborhood's charm and appeal. Residents can access recreational areas for relaxation and leisure. Common areas around the building enhance daily living. Access to trails and parks provides options for exercise and nature walks. The location balances urban life with outdoor opportunities. Overall, Capital 8 Condo offers a mix of comfort and convenient access to Atlanta's vibrant life and nature.

Next

Description

Capital 8 Condo is located at 562 Formwalt Street in Atlanta. It sits near the intersection of Metropolitan Parkway SW and Erin Avenue SW. The Chattahoochee River offers a scenic nearby water feature. The building's design is simple and blends with the surrounding area. Constructed in 1961, this low-rise building contains 7 condo units. The units vary in size and include options with 1 and 2 bedrooms. Prices for these condos range from $161,000 to $225,000. Each unit provides an opportunity for different living arrangements. The neighborhood has various amenities. Sidewalks and street lights enhance the area, creating an inviting feel. Nearby public transport makes travel around the city straightforward. Parks and greenways lie within easy reach for outdoor enthusiasts. Grocery needs can be met at Nick's Market Place. Dining options are available at spots like BBQ Suite and Museumbar Restaurant Bar Lounge. These local spots add to the neighborhood's charm and appeal. Residents can access recreational areas for relaxation and leisure. Common areas around the building enhance daily living. Access to trails and parks provides options for exercise and nature walks. The location balances urban life with outdoor opportunities. Overall, Capital 8 Condo offers a mix of comfort and convenient access to Atlanta's vibrant life and nature.

Capital 8 Condo Market Stats Last 12 months

Avg. Listed Price$185,000($322/Sqft.)

Avg. Sale Price-
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-
Next

Market Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings1 Listed

Total sold0 Sold
Average Days on Market0 days

Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

High
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Capital 8 Condo Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 55-11362022-10-14
MLS#: 7110228
Closed$161,000
Unit 22-21422022-07-28
MLS#: 7067590
Closed$225,000
Unit 44-11372019-10-11
MLS#: 6612151
Closed$93,000
Unit 2
2

2 Beds

1 Baths

- sqft


DateStatusPrice
2022-07-28Closed$225,000
MLS#: 7067590
Days On Market42
Unit 4
4

1 Beds

1 Baths

- sqft


DateStatusPrice
2019-10-11Closed$93,000
MLS#: 6612151
Days On Market37
Unit 5
5

1 Beds

1 Baths

- sqft


DateStatusPrice
2022-10-14Closed$161,000
MLS#: 7110228
Days On Market36
View Complete Unit Listing HistorySource By: FMLS

Amenities

The amenities offered at Capital 8 Condo are designed to enhance your lifestyle and enjoyment of the surrounding area. Imagine strolling along well-maintained sidewalks or enjoying a relaxing moment in the nearby park. If you're the adventurous type, the proximity to trails and greenways makes getting outside a breeze! Plus, for those hectic days, restaurants and public transport options are conveniently located nearby, making dining out or commuting effortless.

Next

Amenities Description

The amenities offered at Capital 8 Condo are designed to enhance your lifestyle and enjoyment of the surrounding area. Imagine strolling along well-maintained sidewalks or enjoying a relaxing moment in the nearby park. If you're the adventurous type, the proximity to trails and greenways makes getting outside a breeze! Plus, for those hectic days, restaurants and public transport options are conveniently located nearby, making dining out or commuting effortless.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Fire Alarm

Fire Alarm

Balcony

Balcony

Smoke Detector(s)

Smoke Detector(s)

Policies

While specific policies aren’t mentioned, as a potential first-time buyer, it’s essential to keep your eyes peeled for pet policies or community rules that will shape your living experience. Understanding these can help ensure your new home aligns perfectly with your lifestyle!

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Capital 8 Condo--
Capitol City Square Condos$224/sqft.$2 /sqft.
Capital City Square Condos$226/sqft.$2 /sqft.
561 Formwalt St Sw$232/sqft.$2 /sqft.
502 Pryor St$177/sqft.$3 /sqft.
Cityside Lofts$177/sqft.$3 /sqft.

Nearby Schools

Discover top-rated schools located close to Capital 8 Condo.

Dunbar Elementary School

D+
Public|Grades PK–5
500 Whitehall Ter ...|0.52 miles away

Gideons Elementary School

C-
Public|Grades PK–5
897 Welch St SW|0.9 miles away

Martin Luther King Jr. Middle School

C-
Public|Grades 6–8
545 Hill St SE|1.04 miles away

The Life School of Atlanta

--
Private|Grades 9–12
217 Walker St SW|1.06 miles away

Barack & Michelle Obama Academy

D
Public|Grades PK–5
970 Martin St SE|1.19 miles away

Imagine Wesley International Academy Charter Facility

B-
Public|Grades KG–8
211 Memorial Dr SE|1.26 miles away
Next

Schools

Dunbar Elementary School

D+
Public|Grades PK–5
500 Whitehall Ter ...|Less than 1 Mile Away

Gideons Elementary School

C-
Public|Grades PK–5
897 Welch St SW|Less than 1 Mile Away

Martin Luther King Jr. Middle School

C-
Public|Grades 6–8
545 Hill St SE|1.04 Miles Away

The Life School of Atlanta

--
Private|Grades 9–12
217 Walker St SW|1.06 Miles Away

Barack & Michelle Obama Academy

D
Public|Grades PK–5
970 Martin St SE|1.19 Miles Away

Imagine Wesley International Academy Charter Facility

B-
Public|Grades KG–8
211 Memorial Dr SE|1.26 Miles Away

Atlanta Neighborhood Charter - Elementary School

B+
Public|Grades KG–5
688 Grant St SE|1.36 Miles Away

Department of Human Resources

--
Public|Grades PK–12
2 Peachtree St NW|1.42 Miles Away

St Nicholas Orthodox Academy

--
Private|Grades KG–8
543 Cherokee Ave S...|1.51 Miles Away

G. W. Carver High School

D-
Public|Grades 9–12
55 McDonough Blvd ...|1.60 Miles Away

Early College High School at Carver

B+
Public|Grades 9–12
55 McDonough Blvd ...|1.61 Miles Away

Slater Elementary School

D
Public|Grades KG–5
1320 Pryor Rd SW|1.62 Miles Away

Herman J. Russell West End Academy

C-
Public|Grades 6–8
765 Peeples St SW|1.79 Miles Away

M. Agnes Jones Elementary School

C-
Public|Grades EE–5
1040 Fair St SW|2.03 Miles Away

Cristo Rey Atlanta Jesuit High School

--
Private|Grades 9–12
222 Piedmont Ave N...|2.11 Miles Away

Parkside Elementary School

C
Public|Grades PK–5
685 Mercer St SE|2.15 Miles Away

The New School Atlanta

--
Private|Grades 9–12
655 Memorial Dr SE|2.17 Miles Away

Slam Academy of Atlanta

F
Public|Grades KG–5
1150 Westview Dr S...|2.20 Miles Away

Booker T. Washington High School

D+
Public|Grades 9–12
45 Whitehouse Dr S...|2.20 Miles Away

Hollis Innovation Academy

D
Public|Grades EE–8
225 James P Brawle...|2.24 Miles Away

Hope - Hill Elementary School

C-
Public|Grades PK–5
112 Boulevard NE|2.29 Miles Away

Maynard Holbrook Jackson High School

B-
Public|Grades 9–12
801 Glenwood Ave S...|2.34 Miles Away

Ron Clark Academy

--
Private|Grades 4–8
228 Margaret St SE|2.34 Miles Away

Finch Elementary School

D
Public|Grades EE–5
1114 Avon Ave SW|2.38 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

ATLANTA AVE SE @ HANK AARON DR

0.82 miles away|16 min walk

ATLANTA AVE SE @ FRASER ST SE

0.88 miles away|17 min walk

ATLANTA AVE SE @ MARTIN ST SE

0.98 miles away|19 min walk

ATLANTA STUDENT MOVEMENT BLVD @ NORTHSIDE DR SW

1.14 miles away|22 min walk

ATLANTA AVE SE @ CONNALLY ST SE

1.19 miles away|23 min walk

ATLANTA STUDENT MOVEMENT BLVD @ WALNUT ST SW

1.22 miles away|24 min walk
Next

Transit

ATLANTA AVE SE @ HANK AARON DR

0.82 miles away|16 min walk

ATLANTA AVE SE @ FRASER ST SE

0.88 miles away|17 min walk

ATLANTA AVE SE @ MARTIN ST SE

0.98 miles away|19 min walk

ATLANTA STUDENT MOVEMENT BLVD @ NORTHSIDE DR SW

1.14 miles away|22 min walk

ATLANTA AVE SE @ CONNALLY ST SE

1.19 miles away|23 min walk

ATLANTA STUDENT MOVEMENT BLVD @ WALNUT ST SW

1.22 miles away|24 min walk

ATLANTA AVE SE @ GRANT TER SE

1.24 miles away|24 min walk

ATLANTA STUDENT MOVEMENT BLVD @ ELM ST SW

1.34 miles away|26 min walk

ATLANTA STUDENT MOVEMENT BLVD @ JOHN HOPE DR SW

1.4 miles away|27 min walk

ATLANTA STUDENT MOVEMENT BLVD @ LAWSHE ST SW

1.41 miles away|28 min walk

ATLANTA STUDENT MOVEMENT BLVD @ JAMES P BRAWLEY DR SW

1.53 miles away|30 min walk

ATLANTA STUDENT MOVEMENT BLVD @ MILTON ST SW

1.63 miles away|32 min walk

ATLANTA AVE SE @ CHEROKEE AVE SE

1.66 miles away|32 min walk

ATLANTA AVE @ CHEROKEE AVE

1.66 miles away|32 min walk

AUBURN POINTE DR @ VERANDA CIR

1.68 miles away|33 min walk

ATLANTA STUDENT MOVEMENT BLVD @ EUHARLEE ST SW

1.71 miles away|33 min walk

ATLANTA STUDENT MOVEMENT BLVD @ EUHRLEE ST SW

1.71 miles away|33 min walk

ATLANTA STUDENT MOVEMENT BLVD @ OGDEN ST SW

1.76 miles away|34 min walk

AUBURN AVE @ PIEDMONT AVE

1.76 miles away|34 min walk

AUBURN AVE NE @ JESSE HILL JR DR NE

1.84 miles away|36 min walk

BOULEVARD SE @ BERNE ST

1.89 miles away|37 min walk

BOULEVARD SE @ BERNE ST SE

1.9 miles away|37 min walk

BOULEVARD SE @ DELMAR AVE SE

1.93 miles away|38 min walk

ATLANTA AVE SE @ BOULEVARD SE

1.94 miles away|38 min walk

ARTHUR LANGFORD JR PL SW @ BOWEN CIR SW

1.95 miles away|38 min walk

BOULEVARD SE @ DELMAR AVE

1.95 miles away|38 min walk

ARTHUR LANGFORD JR PL SW @ PRYOR RD SW

1.95 miles away|38 min walk

ARTHUR LANGFORD JR PL SW @ 220

1.95 miles away|38 min walk

BOULEVARD SE @ ATLANTA AVE SE

1.97 miles away|38 min walk

ARTHUR LANGFORD JR PL SW @ JOYLAND PL

1.98 miles away|38 min walk

AUBURN AVE NE @ HILLIARD ST NE

1.98 miles away|38 min walk

BOULEVARD SE @ ATLANTA AVE

1.99 miles away|39 min walk

BOULEVARD SE @ DECATUR ST SE

2.05 miles away|40 min walk

AUBURN AVE @ WILLIAM H BORDERS SR DR

2.05 miles away|40 min walk

BOULEVARD SE @ HAMILTON AVE

2.09 miles away|40 min walk

Baker St at Williams St

2.09 miles away|41 min walk

ARTHUR LANGFORD JR PL SW @ BOOKER ST SW

2.11 miles away|41 min walk

BOULEVARD SE @ CHAMBERLAIN ST SE

2.11 miles away|41 min walk

BOULEVARD SE @ EDGEWOOD AVE SE

2.13 miles away|41 min walk

Baker St at Peachtree St

2.14 miles away|41 min walk

Baker Street & Peachtree Street (Truist

2.14 miles away|41 min walk

ASHBY STATION - NORTHBOUND

2.15 miles away|42 min walk

ATLANTA AVE SE @ MARION AVE SE

2.16 miles away|42 min walk

ASHBY STATION

2.17 miles away|42 min walk

ASHBY STATION - SOUTHBOUND

2.18 miles away|42 min walk

BOULEVARD NE @ OLD WHEAT ST NE

2.23 miles away|43 min walk

AVON AVE SW @ MURPHY AVE SW

2.24 miles away|43 min walk

BOULEVARD SE @ ENGLEWOOD AVE SE

2.3 miles away|45 min walk

BOULEVARD NE @ IRWIN ST NE

2.33 miles away|45 min walk

ATLANTA METRO STATE COLLEGE

2.34 miles away|45 min walk

The Neighbourhood: Capital 8 Condo

Mechanicsville, nestled in the heart of Fulton County, GA, offers a blend of rich history and modern convenience. The neighborhood is home to leafy parks and community gardens, providing residents with plentiful outdoor spaces. Within close proximity, you can find a variety of local eateries and shops that highlight the area's diverse culture. Families appreciate the well-regarded schools and community programs available. Commuting is made simple with easy access to several major highways and MARTA public transportation, connecting you effortlessly to the broader Atlanta area.

Next

Neighbourhood Description

Mechanicsville, nestled in the heart of Fulton County, GA, offers a blend of rich history and modern convenience. The neighborhood is home to leafy parks and community gardens, providing residents with plentiful outdoor spaces. Within close proximity, you can find a variety of local eateries and shops that highlight the area's diverse culture. Families appreciate the well-regarded schools and community programs available. Commuting is made simple with easy access to several major highways and MARTA public transportation, connecting you effortlessly to the broader Atlanta area.

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Capital 8 Condo Demographics

Age Demographics

0–14 Years

19.04%

15–29 Years

28.22%

30–44 Years

24.39%

45–59 Years

15.67%

60+ Years

12.68%

Commute

15.75%

Transit

6.44%

Walk

56.92%

Drive

0.76%

Bike

Housing Ownership

24.03%

Owner Occupied

75.97%

Rental Units

Household Types

Single Family
19.36%
Multi Family
3.39%
Single Person
56.01%
Multi Person
43.99%

Average Income

Household:$4,012,066.2 /yr

Individual:$2,666,326.9 /yr

Education

Bachelors Degree19.94%
High School College26.85%
Diploma6.64%
Post Graduate14.51%
Others32.06%
Next

Education

Diploma6.64%
Post Graduate14.51%
Others32.06%
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    Capital 8 Condo
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