161 Spring Road
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 |
|---|---|---|---|
| Aug 22, 2023 | Sold | ||
| Sold | |||
| Jun 6, 2023 | No longer available | - | |
| No longer available | |||
| Jun 5, 2023 | Listed by RE/MAX Harbor Country | $849,000 | |
| Listed by RE/MAX Harbor Country | |||
| | |||
|
The views of the water are breathtaking as you walk through the front door. This mid-century modern lakefront home has been perfectly updated. Five bedrooms, three and a half baths with spectacular views, located on a private dead end street. It's like a new house, with new windows, doors, kitchens, baths, drywall, insulation, HVAC, plumbing & electrical. There is nothing for you to do but grab a drink and enjoy the quiet, peaceful views of Singer Lake on your brand new dock. Two living spaces, each with a fireplace, gives everyone space to spread out. Three bedrooms on the main floor, two on the walkout level. The lower-level wet bar is steps away from the patio and grill. So close to wineries and about ten minutes to Lake Michigan. Starlink internet and Frontier cable.
| |||
| Apr 26, 2023 | Listed by Remax Harbor Country | $899,000 | |
| Listed by Remax Harbor Country | |||
| | |||
|
The views of the lake are breathtaking as you walk through the front door. This mid-century modern lakefront home has been perfectly updated. Five bedrooms, three and a half baths with spectacular views, located on a private dead end street. It's like a new house, with new windows, doors, kitchens, baths, drywall, insulation, HVAC, plumbing & electrical. There is nothing for you to do but grab a drink and enjoy the quiet, peaceful views of Singer Lake. Two living spaces, each with a fireplace, gives everyone space to spread out. Three bedrooms on the main floor, two on the walkout level. The lower-level wet bar is steps away from the patio and grill. So close to wineries and about ten minutes to Lake Michigan The manager has listed the unit size as 3348 square feet.
| |||
| Apr 19, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017