VL coronado 28 & 29
About This Property
Discover the perfect canvas for your dream home in the highly sought-after Coronado Estates, nestled on Price Lake-a gem in the Michigan Center Chain of Lakes. This beautiful building site offers breathtaking lake views and is ideally located just steps away from the community boat dock, making it the best non-lakefront lot available.
Experience the serene, up-north vibe with clear waters and endless recreational opportunities, including fishing on the renowned Michigan Center Lake. Imagine enjoying spectacular sunsets from your backyard while being part of a vibrant lakeside community.
This lot is fully cleared and primed for construction, with convenient access to gas, sewer, electric, and cable at the street. Whether you envision a cozy retreat or a luxurious residence, this setting provides the perfect backdrop for your new home.
Bonus: The seller is willing to sell lots individually, offering you the flexibility to choose the perfect spot for your vision.
Don't miss out on this incredible opportunity to build in one of the most desirable neighborhoods around! Your lakeside paradise awaits!
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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 6, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | Listed by C-21 Affiliated - Jackson | $66,000 | |
| Listed by C-21 Affiliated - Jackson | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017