118 CHARLES
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 |
|---|---|---|---|
| Nov 18, 2022 | Sold | ||
| Sold | |||
| Sep 30, 2022 | Listed by RE/MAX Platinum - Ann Arbor | $55,000 | |
| Listed by RE/MAX Platinum - Ann Arbor | |||
| | |||
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Looking for that cozy, move-in ready, updated & very affordable place to call home? Or perhaps you're an investor looking to expand your rental portfolio? In any case, look no further, there is so much to be said for efficient, low-maintenance living - especially these days! This home features a newly remodeled kitchen complete with a newer stove & refrigerator (all appliances stay, including the washer & dryer combo), newer flooring, a recently installed wall heating & cooling unit, a newly updated bathroom, fresh paint, plus a newer roof! Public water & sewer, convenient location near shopping and Vandercook Lake, easy access to US-127! Current taxes are based on non-homestead status. This is a great opportunity, schedule your showing today!
**This home is NOT available to rent.**
| |||
| May 20, 2021 | Sold | ||
| Sold | |||
| Apr 5, 2021 | Listed by Home 1st Real Estate | $34,900 | |
| Listed by Home 1st Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017