37 Camp Madron 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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | Listed by Berkshire Hathaway HomeServices Chicago | $539,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
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Camp Madron is a dream retreat nestled in the heart of Southwest Michigan's natural beauty. This custom-built residence offering contemporary furnishings with traditional A-frame log design creates a cozy yet sophisticated atmosphere, perfect for unwinding after a day of outdoor adventures. From the woodburning stone fireplace to the wall of windows with picturesque views of the surrounding timber, every detail seems crafted to enhance the connection with nature. The well-equipped kitchen with Sub Zero and Wolfe appliances ensures that culinary experiences are as delightful as the scenery.
With bedrooms for family and friends, including a spacious primary suite with a walk-in wardrobe and ensuite bath, everyone can find their own slice of comfort. The lower level, with its vast open space, presents endless possibilities for entertainment and relaxation. Currently used as informal recreational game space there is a wide screen viewing area, rock wall, and work out area as well as mechanical and laundry. The flexibility to customize this area further is a fantastic opportunity for personalization.
Outside, the screened porch and expansive deck invite you to soak in the tranquility of the woodland, while the hot tub offers a soothing respite after a day of lake paddling or hiking. Camp Madron Residents are provided access to amenities like the clubhouse, private beach area on Madron Lake for swimming, kayak launch or relaxing in the Adirondack chairs watching the sunset.
Having an on-site caretaker managing the property adds an extra layer of convenience and peace of mind. Camp Madron offers the perfect balance of relaxation, recreation, and community living in the heart of Southwest Michigan's natural splendor. The home is being sold turnkey with many furnishings from Ligne Roset, DSW and Roche Bobois, for your immediate enjoyment.
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| May 5, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by Cressy & Everett Real Estate | $475,000 | |
| Listed by Cressy & Everett Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017