19163 White Pine Drive #LOT6
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 |
|---|---|---|---|
| May 19, 2023 | Sold | ||
| Sold | |||
| Apr 24, 2023 | Listed by Cressy & Everett Real Estate | $129,900 | |
| Listed by Cressy & Everett Real Estate | |||
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Have you been searching for the ideal place to build your dream home? The White Pine Neighborhood in New Buffalo is what Southwest Michigan is all about-perfectly nestled away off the beaten trail, this is where your peace awaits! This is the only available lot (#6) located within this premier neighborhood. White Pine features 22 acres with 22 home sites on oversized lots, 10 acres of common conservation open space, walking trails, stocked fishing pond, sun lounge, association pool, and a screened in pool house complete with gas grills. This site is a simple 5 minute drive to downtown New Buffalo, just 10 minutes from the nearby Lake Michigan Beaches. The home site is fully prepared with roadways, municipal water, and sewer- just bring your building plans and watch your dreams unfold!
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| Sep 15, 2020 | Sold | ||
| Sold | |||
| Dec 20, 2018 | Listed by @properties Christie's International R.E. | $90,000 | |
| Listed by @properties Christie's International R.E. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017