27410 CR 352
About This Property
Welcome to some of the nicest land in SW MI! Enter through the mudroom to the giant kitchen with center butcher block island, ample cabinetry, and enough counter space for 3 chef's to work at once. Open main floor plan with great hang out space and a main floor master bedroom with double closets and en-suite. TV/ Family room to the side so you can have guests and socialize yet not bother those watching the game or favorite shows. Main floor laundry and half bath is a huge bonus. Upstairs you will find 2 good sized bedrooms and a Full shared bath. Basement area is great for storage and the home features a New Well, New Roof, New Furnace, New carpet, and fresh paint. The property is a hunter or outdoor lovers dream with wooded acres and a open area in the center with trails all the way around the property. Sit on the back deck and soak it all in! Close to Huzzy and Bankson Lakes. Don't miss this opportunity as land like this doesn't come around often!
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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 |
|---|---|---|---|
| Dec 18, 2018 | Sold | ||
| Sold | |||
| Sep 20, 2018 | Listed by Berkshire Hathaway HomeServices MI | $189,900 | |
| Listed by Berkshire Hathaway HomeServices MI | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017