2231 Maple Lane
About This Property
The home sits on just over an acre of land. It has an attached, heated garage with new opener and a second detached garage with water, wood stove heat, an outlet for an RV to plug into and 50 amp service.
In the last four years they have had new 50 year shingles with transferable warranty installed. Both the front porch and rear deck have new composite decking and railing systems.
In the kitchen there has been new quartz countertops, sink, faucet, under cabinet LED lighting and all new stainless steel appliances.
Both bathrooms have been renovated with new vanities, sinks, fixtures, toilets and flooring.
You will love the newly finished 3rd bedroom and Recreation room in the basement. The additional finished room in the basement is plumbed for a bath if you choose to add that.
New stackable washer dryer in the basement laundry room stay with the home. Simply Safe alarm System as well. Again all has been done in the last four years.
Very near all that SW Michigan has to offer. Come and make this your home!
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Cap Rate Calculator
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 7, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Listed by Cressy & Everett Real Estate | $269,900 | |
| Listed by Cressy & Everett Real Estate | |||
| Aug 5, 2021 | Sold | ||
| Sold | |||
| Mar 15, 2021 | Listed by Cressy & Everett Real Estate | $165,000 | |
| Listed by Cressy & Everett Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017