1415 Shore Drive
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 |
|---|---|---|---|
| Apr 3, 2023 | Sold | ||
| Sold | |||
| Jan 30, 2023 | No longer available | - | |
| No longer available | |||
| Jan 29, 2023 | Listed by Keller Williams Realty SWM | $630,000 | |
| Listed by Keller Williams Realty SWM | |||
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Waves lapping against the shore, seagulls in the distance, feeling the warm fresh Lake Michigan breeze. You wish you never had to leave. Well what if you could experience that from your own living room? Welcome to Sunset Shores. Bright and airy, 4 bed 2.5 bath brick ranch located directly across the street from the Lake. Large finished walk-out basement with extra entertaining/ sleeping space. Gorgeous sunsets from your front windows while enjoying the warmth of your fireplace. If you want better lake views you can add a second story! 1 block from your park and association beach (YES there is a beach!) 1 mile away from Downtown New Buffalo. (New Roof 2022!)
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| Oct 6, 2022 | No longer available | - | |
| No longer available | |||
| Jun 9, 2022 | Price Decreased |
$624,900
↓ $100
(0%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017