1390 Miami 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 |
|---|---|---|---|
| Dec 3, 2019 | Sold | ||
| Sold | |||
| Jun 22, 2019 | Listed by Jaqua Realtors | $439,900 | |
| Listed by Jaqua Realtors | |||
| Dec 8, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $475,000 | |
| Listed | |||
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This spectacular, mid-century modern, waterfront home has over 3300 square feet of above grade living space with 3 bedrooms and 2.5 baths. It is among a handful of properties on prestigious Miami Road with stairs and a dock for St Joseph River access, and a short boat ride to Lake Michigan. The current owners have meticulously updated the home and grounds while maintaining the quintessential mid-century modern character. The upgrades include a new roof, gutters, stairs/dock, split ac/heat system, carpets, decks, electrical, mechanicals and appliances. There is a great three season room, outdoor fire pit, and deck with hot tub for enjoying the waterfront lifestyle and amazing river views. There are simply too many features to describe, this property is a must see! The manager has listed the unit size as 3300 square feet.
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| Apr 19, 2017 | Listed by Jaqua REALTORS | $425,000 | |
| Listed by Jaqua REALTORS | |||
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This spectacular, mid-century modern, waterfront home has over 3300 square feet of above grade living space with 3 bedrooms and 2.5 baths. It is among a handful of properties on prestigious Miami Road with stairs and a dock for St Joseph River access, and a short boat ride to Lake Michigan. The current owners have meticulously updated the home and grounds while maintaining the quintessential mid-century modern character. The upgrades include a new roof, gutters, stairs/dock, split ac/heat system, carpets, decks, electrical, mechanicals and appliances. There is a great three season room, outdoor fire pit, and deck with hot tub for enjoying the waterfront lifestyle and amazing river views. There are simply too many features to describe, Virtual tour https://youtu.be/MfOlqm2pCu8
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017