1504 Longshore Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Coldwell Banker Realty | $1,450,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
**OFFERS DUE TUESDAY 6/11 AT NOON** This gorgeous, contemporary home sits atop a hill on Longshore, overlooking the Huron River. Walking distance to a2STEAM, Argo Canoe Livery, Bandemer Park and Kerrytown, this location is the Ann Arbor Dream! The main floor boasts an airy and light filled open concept floorplan with wide plank oak flooring throughout. Generous living room with window flanked fireplace flows seamlessly to the dining area with built in buffet. The kitchen has been thoughtfully designed with black leathered countertops, marble backsplash, 4 seater island, Viking appliances, and a large walk in pantry. On the way to the flex room you will find two more large storage closets for those Costco trips! Upstairs find primary suite with marble tiled shower, soaking tub, 2 separate sinks, and radiant heat floors. The primary bedroom has the best view in the house, with windows overlooking the river, and a door out to the rooftop deck. On the other end of the deck, find a door leading into your secondary living room with tiled gas fireplace and built in bench seats. The other 3 bedrooms share a large full bath. Upstairs laundry room completes the top floor! This house offers so many places to enjoy outside between the upstairs deck, side yard deck, and backyard patio. Basement is unfinished with 9ft ceilings, 2 egress windows and roughed in plumbing for a bathroom. Do not miss this chance to own a brand new home in the heart of Ann Arbor!
| |||
| Aug 9, 2022 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017