1624 Park 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 |
|---|---|---|---|
| Dec 16, 2016 | Sold | ||
| Sold | |||
| Sep 11, 2015 | Listed by Lake Path Realty | $498,000 | |
| Listed by Lake Path Realty | |||
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GOLDILOCKS and the THREE B's of Lake Michigan ??? 'BEAUTIFUL' lake views... Sandy 'BEACHES'... and Ready to 'BUILD' !!! This is the Goldilocks of lakefront sites you've been searching for... not too big... not too small... it's just the right size to build the lakefront home of your dreams! Inspirational sunsets over Lake Michigan and storybook walks along the sandy shores await you! Located on the outskirts of St. Joseph Michigan, you'll find convenient access to Marinas, Restaurants, Harbor-Town Shopping, Golfing at Harbor Shores Golf Club, Events, Employment, and More! The stairway to the beach invites you to enjoy your private lakefront site today, whilst dreaming of the day your fairy-tale cottage comes true :)
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| Sep 19, 2013 | Sold | ||
| Sold | |||
| Jun 21, 2013 | Listed by @properties Christie's International R.E. | $645,000 | |
| Listed by @properties Christie's International R.E. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017