1 Pond Path
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| May 12, 2024 | Listed by Keller Williams Realty SWM | $750,000 | |
| Listed by Keller Williams Realty SWM | |||
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Discover the charm of this two-story home nestled within the serene Summer Schoolhouse Cottages community, just moments away from downtown New Buffalo. Ideal for permanent residence or vacation getaways, this residence features 3 bedrooms and 2 bathrooms, including an open kitchen with adjacent laundry. Upstairs offers 2 bedrooms, an additional room that could be used as an office, workout space, den or additional sleeping area and 1 bath, ensuring ample space for family or guests. Enjoy community amenities such as the nearby pool, while convenience is ensured with a one-car garage. Experience the best of New Buffalo living in this inviting home!
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| Jul 19, 2013 | Listed by Berkshire Hathaway HomeServices Chicago | $425,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017