2017 Marra Drive
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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%.
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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.
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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 28, 2023 | Sold | ||
| Sold | |||
| Aug 26, 2023 | Listed by Howard Hanna | $1,300,000 | |
| Listed by Howard Hanna | |||
| Jun 28, 2022 | No longer available | - | |
| No longer available | |||
| Jun 10, 2022 | Listed by Howard Hanna | $1,140,000 | |
| Listed by Howard Hanna | |||
| | |||
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Gorgeous, custom-built Craftsman designed by the architectural firm of Sarah Susanka, author of Not So Big House. Well-designed with superior craftsmanship & great attention to detail, this incredible home features 9-foot ceilings, large windows & exotic surfaces throughout including: custom wrought-iron; Brazilian granite; Motawi tile; maple, cherry, walnut, bubinga & ebony used for the lintels, doorways, trim, built-in cabinetry & floors. Main level includes: TV den; formal dining room; spacious kitchen with high-end appliances, 3 sinks, 2 islands & 2 dishwashers; first-floor primary suite with dual walk-in closets & attached bath; large laundry room; screened sunporch & deck. The upper level has 2 bedrooms, full bath, art studio/home office/3rd bedroom & large storage room. Enjoy a generous family room in the lower level, which also features an office suite made up of 2 offices & a conference room (perfect for home-school space) with separate private entry, as well as a full bath & plenty of storage space. Truly designed for the ideal way we live with space for grand entertaining without unnecessary space for day-to-day living! Located minutes from the heart of downtown Ann Arbor. The manager has listed the unit size as 3188 square feet.
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| Nov 16, 1995 | Sold | ||
| Sold | |||
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About South Ann Arbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017