1102 Lions Park Drive
About This Property
Unrivaled ambience and character invite company to explore the rich history, known and crafted in unfathomable detail by the homeowners, from the wine cellar doors, selected from a chateau in France, to the stone steps, both at the entrance and waterside, that originated at a quarry in Italy.
The Villa, planted along the shore of Lake Michigan, offers access to miles of Michigan's world-famous sugar sand beaches and glistening freshwater playground. What's more, the coveted location provides all the charm and convenience of St. Joseph's lively environment. Swirling with activity and opportunity, St. Joe is a standout among most-loved beach towns- granting year-round pleasure and entertainment by way of delectable eateries and an atmosphere that, similar to that of Villa Buonarroti, leaves visitors and residents feeling like there's no place in the world quite like it.
Indulge in the extraordinary chance to claim your very own piece of Italian history, nestled within a paradise beyond compare. Immerse yourself in a symphony of elegance and relaxation that only 1102 Lions Park Drive can offer, leaving no doubt that it is a treasure worth cherishing. Let your heart guide you towards seizing this once-in-a-lifetime opportunity to call this magnificent Villa your own.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017