12431 N Red Bud Trail
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 |
|---|---|---|---|
| Dec 21, 2017 | Sold | ||
| Sold | |||
| Nov 14, 2017 | Listed by McLauchlin Realty, Inc. | $314,995 | |
| Listed by McLauchlin Realty, Inc. | |||
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Looking for a place on Lake Chapin? Close to wine country? Convenient to New Buffalo, Saint Joseph or South Bend? Maybe just a large family home centered around the water? This could be yours!! You will love the open concept kitchen, fireplace area and family room adjoining the screened in porch and large deck overlooking the lake. The water view is available not only from the living areas but also the main floor master bedroom and the lower level walkout guest suite. The guest suite boasts its own deck, kitchen, dining area and large bathroom. Additional space in the lower level is envisioned as a media room for those Michigan winter nights. This special place on the lake boasts walk down to lake level with ample water level entertaining area as well as boat storage. Come see it!
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| Sep 23, 2015 | Sold | ||
| Sold | |||
| Aug 12, 2015 | Listed by D Mottl Realty Group LLC | $215,000 | |
| Listed by D Mottl Realty Group LLC | |||
| Aug 20, 2014 | Listed by D Mottl Realty Group LLC | $299,000 | |
| Listed by D Mottl Realty Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017