3371 Hoyer Road
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 |
|---|---|---|---|
| Apr 8, 2022 | Sold | ||
| Sold | |||
| Feb 25, 2022 | Listed by GOOD EARTH REAL ESTATE, LLC | $379,900 | |
| Listed by GOOD EARTH REAL ESTATE, LLC | |||
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Waterfront home with land! Channel front home on the chain of lakes in Michigan Center. Home is situated on over an acre of land and includes newly built pole barn. Home has 4 bedrooms and 2 full baths. Plenty of room for entertaining. Home features heated garage and large outdoor patio for entertaining. Many updates including new floors, paint and heated flooring in the bathroom.
Great opportunity to own a waterfront home on large lot near town. Act fast! This home wont last long!
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| Aug 23, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 18, 2018 | Listed | $269,900 | |
| Listed | |||
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Call Ray Logan for your private showing at (517) 960-3904/cell, (734) 794-4197/Office Direct, or email Ray at: [email protected] 320 Ft of channel frontage with access to the chain of lakes starting with Round Lake and Center Lake. Who remembers as a child sitting by the water with a pole in your hand, in a safe secure park like atmosphere dreaming of catching the big one. Add to this, 3,111 sq ft of living space in a home that's been almost completely updated and remodeled over the years (See upgrade sheet in Associated Docs). Do you like to entertain? Owners have had 40+ people partying like it's 1999 on the inside, and think how many more you could have if you used the 700+ sq ft deck as well. I'm telling you... you're only limited by your own beliefs. If you want a home, on the water, to entertain or not, with plenty of space to spare, and updated throughout for less than 100 bucks a sq ft, this is it. If you want smaller, with less frontage, for more money, just let Ray know, he can find you that as well, but why would you? This house has value no matter how you slice it! Price Values on Zillow, Trulia, Realtor.com are junk.They never have been right and never will. Get with a seasoned agent who knows the market, like me The manager has listed the unit size as 3111 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017