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13215 Ravine Road
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 |
|---|---|---|---|
| May 2, 2018 | Sold | ||
| Sold | |||
| Mar 29, 2017 | Listed by @properties Christie's International R.E. | $3,390,000 | |
| Listed by @properties Christie's International R.E. | |||
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Stunning contemporary home on 208' of Lake Michigan frontage. Magnificent huge sandy beach. This lakefront home is situated on a dune with picturesque ravine and 83' of floor-to-ceiling windows all with sweeping Lake Michigan views! Situated on 2.48 acres this home features 4 guest suites all with private baths. Master bedroom suite with fireplace, huge dressing room, walk-in steam shower, whirlpool tub and dramatic views of Lake Michigan. A chef's kitchen featuring Wolf 6 burner stove with griddle, Bosch dishwasher, Subzero refrigerator, wine cooler and breakfast bar with built in expresso machine. Amenities include radiant heated floors, wine room, 2 story foyer, heated garage, 4 fireplaces, lakefront screened porch and a 52' deck. This is truly lakefront living at it's very best!
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| Jan 11, 2003 | Listed by RE/MAX Harbor Country | $2,300,000 | |
| Listed by RE/MAX Harbor Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017