2876 Thornapple Lane
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 |
|---|---|---|---|
| Jan 5, 2022 | Sold | ||
| Sold | |||
| Jan 3, 2022 | Listed by RE/MAX MID-MICHIGAN R.E. | $213,500 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
| Jan 2, 2022 | No longer available | - | |
| No longer available | |||
| Oct 19, 2021 | In contract | - | |
| In contract | |||
| Oct 15, 2021 | Listed by RE/MAX MID-MICHIGAN R.E. | $213,500 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
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NW Schools. One level living at its finest! 3 bedrooms and 2 full baths make this 1844 sq foot ranch perfect for the whole crew. Huge eat in kitchen as well as a formal dining room just waiting to host the next holiday gig. Let's get you settled before the snow flies. The manager has listed the unit size as 1844 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017