2338 Crescent Walk
About This Property
Welcome to 2338 Cresent Walk, nestled in the historic Macatawa Hills community along the shores of Lake Michigan. This turnkey 5-bedroom, 3.5-bath cottage offers the perfect blend of charm, space, and location. Step inside to find a spacious open-concept kitchen and living area, ideal for gathering with family and friends. The main-floor primary suite adds comfort and convenience, while the lower level features two bedrooms with sliding glass doors and a cozy living space. Upstairs, two additional bedrooms complete this thoughtfully designed home. Enjoy summer evenings on the large deck surrounded by nature, or stroll to the beach on the pristine shores of Lake Michigan. This is more than a cottageit's your gateway to lakeside living. Welcome to the Good Life
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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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Listed by Coldwell Banker Woodland Schmidt | $885,000 | |
| Listed by Coldwell Banker Woodland Schmidt | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017