244 LUMLEY
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 |
|---|---|---|---|
| Jun 15, 2022 | Sold | ||
| Sold | |||
| Apr 18, 2022 | Listed by Modern Way Realty | $214,900 | |
| Listed by Modern Way Realty | |||
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School of choice. Michigan Center bus goes past this home Grass lake bus is just a block away. Move-in-ready ranch located in a very quiet interior location from a u shaped road off Michigan Ave. 30x40 pole barn with 14 ft side walls a perfect man cave that can be used as garage and also store your motor home It has ambient heat hook up and a drain with its own drain field. Large master suite with 3rd bedroom that could be used as an office with private entrance. Beautiful flower gardens and manicured lawn. This is a must see! Just minutes from East Jackson High School within minutes to I94. PRE-APPROVED BUYERS ONLY
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| Aug 3, 2016 | Sold | ||
| Sold | |||
| Sep 28, 2015 | Listed by HOWARD HANNA REAL ESTATE SERVI | $129,900 | |
| Listed by HOWARD HANNA REAL ESTATE SERVI | |||
| Jul 7, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017