1164 Sunset Road
About This Property
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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%.
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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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | Listed by Coldwell Banker Realty | $469,900 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Offers due by 12pm on Monday, May 13! Enviable Upper Water Hill ranch with a spacious open floorplan that lives even larger than it's already generous ~2300 finished square feet! Easy walk to Wines and Forsythe as well as several parks and nature areas with quick bus/car access to Kerrytown, downtown Ann Arbor, and the UM campus. Tucked into the woods, this home offers views of the surrounding leafy and flowering trees and perennial plants from every room, as well as the front patio and back deck. Inside, the main living area shines with lustrous wood floors, a vaulted ceiling, and abundant natural light. The updated kitchen has soapstone and butcher block counters, an eye-catching coffee/prep bar, and stainless-steel appliances, while the adjoining breakfast nook enjoys sunny southern exposure through its bay window. At the back of the home, the expansive living and dining area overlooks the huge deck and woods and provides ample space for entertaining, while still feeling cozy and comfortable for quieter evenings. The main-level primary suite has its own door to the deck and private full bath, while two additional bedrooms share a renovated hallway full bath. The impressive lower level with extra-high ceilings is partially finished with a rec/game room and home office, and there is plenty of additional space ready for storage or finishing. Remarkable space and style in an incredible location - don't miss this one!
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| Jun 8, 2021 | Sold | ||
| Sold | |||
| Apr 15, 2021 | Listed by Berkshire Hathaway HomeService | $389,900 | |
| Listed by Berkshire Hathaway HomeService | |||
| Sep 15, 2014 | Sold | ||
| Sold | |||
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About West Ann Arbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017