1565 Miami Road
About This Property
Location is everythingand this home delivers. Just a quick five-minute drive brings you to the heart of St. Joseph, where you can enjoy the sandy shores of Silver Beach, perfect for swimming, sunbathing, or watching the sunset over Lake Michigan. St. Joseph also offers a vibrant downtown filled with charming boutiques, art galleries, and seasonal events that bring the community together. Food lovers will appreciate the proximity to beloved local eateries such as Caffe Tosi, known for its European-inspired menu and cozy ambiance, and The Mason Jar Cafe, a local favorite for farm-to-table brunches and fresh coffee. For a more upscale dining experience, Houndstooth offers a refined menu in a stylish setting, perfect for date nights or special occasions.
Additional living space is available in the finished lower level, while storage abounds in the two-car garage, utility room, and detached storage shed. This exceptional home combines comfort, style, and convenience in a sought-after location that truly has it all.
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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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Oct 4, 2025 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Sep 11, 2025 | Price Decreased |
$699,000
↓ $26K
(3.6%) | |
| Price Decreased | |||
| Aug 27, 2025 | Listed by Coldwell Banker Realty | $725,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017