19118 White Pine 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 |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | In contract | - | |
| In contract | |||
| Jul 21, 2024 | Listed by Berkshire Hathaway HomeServices Chicago | $1,300,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
| Feb 14, 2020 | Sold | ||
| Sold | |||
| Jun 26, 2019 | Listed by @properties Christie's International R.E. | $695,000 | |
| Listed by @properties Christie's International R.E. | |||
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A vision of New Buffalo unlike any other, welcome to White Pine. Located mere minutes from Lake Michigan's sandy beaches and all of the Harbor Country amenities, this wooded enclave lies just about an hour from downtown Chicago and offers resort style living as the perfect weekend getaway or as a peaceful year-round homestead. Framed by a beautiful and serene Southwest Michigan landscape, White Pine offers a quiet retreat for those seeking a contemporary escape from the everyday. There are 22 over-sized wooded home sites which are thoughtfully placed along 22 meandering acres with over 10 acres of shared terrain. BLACK FRIDAY EVENT. Write an offer on the home or vacant lot and pay no HOA fees for a year. $3000 dollar value. Offer ends December 1st. The grounds offer open spaces featuring natural amenities, walking paths blooming with wildflowers, a stocked fishing pond, an outdoor gathering patio with a screened in porch, and a pool complete with lap lane and lounging shelf. White Pine offers municipal water and sewer with underground utilities and is located within the New Buffalo School District. Offering flexibility to not only choose your lot, you may opt to build one of our homes or submit your plans and visions for your dream home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017