1724 Scio Ridge Road
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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by The Charles Reinhart Company | $489,900 | |
| Listed by The Charles Reinhart Company | |||
| Dec 9, 2015 | Sold | ||
| Sold | |||
| Nov 6, 2015 | Listed by Keller Williams Ann Arbor | $310,000 | |
| Listed by Keller Williams Ann Arbor | |||
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Lots of updates found inside this very well maintained 2-story contemporary in The Ravines. New roof, new windows, new water heater and upgraded fixtures. This crisp and clean home has neutral decor throughout. Vaulted ceilings and wall of windows in family and living rooms create an open and airy feeling. Cozy fireplace in family room, hardwood floors in entry, and bay window in dining area. Spacious master suite with vaulted ceiling and walk-in closet. Enjoy gardening on your deck with built-in flower boxes and seating. Special bonus - an electric car charger in the attached garage! Low Scio Township taxes, Ann Arbor schools., Primary Bath, Rec Room: Finished
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About Washtenaw
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017