4
Map
304 Tulip Drive
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 3, 2023 | Sold | ||
| Sold | |||
| Nov 8, 2022 | Listed by Coldwell Banker Realty | $485,000 | |
| Listed by Coldwell Banker Realty | |||
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The best of Harbor Country just outside your doors! Fully furnished, custom built and newly renovated 4 bed/3 bath home has room for your family, and more. This property has earning potential and investor-friendly features throughout*. The floor to ceiling stone fireplace beautifully anchors the open concept living space and is perfect for chilly Michigan winters. Upgrades and updates abound, with kitchen cabinetry, paint, HVAC, washing machine, basement, deck, bathrooms, finishes and more all refreshed in 2022*. The living room also walks out to an even more generous outdoor hideaway featuring a spacious patio and cedar deck with an 8+ person hot tub, tiki hut - featuring wet bar & entertainment system, koi pond, and fire pit. Additional profitable features include oak hardwood floors, main level laundry, and updated full basement with room to expand. The private yard space surrounds the home, while being easily walkable into downtown Three Oaks to enjoy all there is to offer! This turn-key investment property has an active, transferrable short term rental license through the Village of Three Oaks with 12-person occupancy. *Inquire for a full list of upgrades and financial data
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| Apr 1, 2022 | Sold | ||
| Sold | |||
| Feb 4, 2022 | Listed by Cressy & Everett R.E. of Harbor Country | $388,500 | |
| Listed by Cressy & Everett R.E. of Harbor Country | |||
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Custom built 3BR, 3BA home at the edge of Three Oaks Village. Features include an open-concept living area with cathedral ceiling, stone FP, hardwood floors and walks out to your own tiki bar oasis! The outdoor space comes fully furnished & includes a spacious patio, a cedar deck, an 8+ person hot-tub, koi pond, firepit, & a fully-equipped wet bar with tv & stereo system. The main level master suite has a spacious master bath with a whirlpool tub and a large walk-in closet. Other features include a full partially finished basement, 2+ car attached garage, laundry on the main level, solid wood doors throughout, Pella windows & exterior doors, oak floors, and new paint & carpet. Walk to downtown Three Oaks for a variety of restaurants, shopping, galleries, theatres, & Journeyman Distillery.
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| Jul 30, 2003 | Listed by RE/MAX Harbor Country | $249,000 | |
| Listed by RE/MAX Harbor Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017