13118 Royal Dune
About This Property
Beautiful 1.4 acre, wooded building site on the Estate side in Forest Beach. Largest lot currently available for sale in Forest Beach Estates. Just a short walk to the beach and minutes from downtown New Buffalo. This private, gated beach community offers great amenities including tennis courts, pool, clubhouse and playground. Private beach access and over 115 acres of walking trails to enjoy. Ask us for architect and builder recommendations to design and construct your dream home on this stunning lot.
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Cap Rate Calculator
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 23, 2021 | Sold | ||
| Sold | |||
| Jul 4, 2019 | Listed by Keller Williams Realty SWM | $479,900 | |
| Listed by Keller Williams Realty SWM | |||
| May 10, 2019 | No longer available | - | |
| No longer available | |||
| Mar 22, 2019 | Relisted | $545,000 | |
| Relisted | |||
| Mar 21, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017