30004 WAUSAUKEE DRIVE
About This Property
Built in 2000 and thoughtfully updated, the home features luxury vinyl flooring throughout, solid wood kitchen cabinets with ample storage, and high ceilings in the living room that fill the space with natural light. The split bedroom floor plan provides added privacy. Both bathrooms have walk-in showers-one in the guest bath and one in the spacious primary suite, which also includes a large soaking tub and farmhouse-style sinks.
Enjoy the convenience of an inside laundry room with a versatile space that could be used as a mudroom or cozy breakfast nook. The screened-in lanai overlooks the water, providing a peaceful retreat. A 1-car garage adds additional storage. Nearby nature parks round out the perfect blend of comfort, lifestyle, and waterfront tranquility.
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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.
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About Wisconsin-Michigan Shores
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$2,100 /mo
- 3 Beds
- 2 Baths
- 2,139 ft²
$2,100 /mo
- 3 Beds
- 2 Baths
- 2,139 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017