28628 simpson Road
About This Property
8-9-24. Home features 4 spacious bedrooms, open concept dining/kitchen/living room. Sliding doors off the dining area lead out to the back deck, complete with manual awning. Enjoy summer evening with the attachable sunshade and screens. Kitchen has ample counter space and a center island for additional work area. Stainless steel appliances and gorgeous cabinets. Master bedroom is complete with double closets plus a large walk-in closet off of the en-suite bath featuring a jacuzzi tub and low threshold shower. Plus 2 more beds and a bath. A great place to entertain with the 15x30 family room. Plus a pole 30 x57 pole barn. Concrete floors and electric. Seller reserves the right to market the home for 5 days before reviewing any offer
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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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Listed by Berkshire Hathaway HomeServices Michigan Real Estate | $240,000 | |
| Listed by Berkshire Hathaway HomeServices Michigan Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017