3786 Delano 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 |
|---|---|---|---|
| Oct 14, 2024 | Sold | ||
| Sold | |||
| Oct 11, 2024 | Listed by ERA REARDON REALTY, L.L.C. | $302,900 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
| Aug 19, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 3, 2024 | Price Decreased |
$302,900
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Jul 24, 2024 | Listed by ERA REARDON REALTY, L.L.C. | $305,000 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
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**MOTIVATED SELLER** WATERFRONT OASIS located on the shore of the Grand River in Eaton Rapids, MI! This stunning 4 bedroom, 2 bathroom home sits on a spacious 1 acre lot along the beautiful Grand River. WHAT?!?Canoe, Kayak, Boat on the Grand River! Step inside to find a modern open concept layout featuring granite countertops, a gourmet kitchen, and a cozy living room with woodburning fireplace, perfect for entertaining. With multiple sliders leading to outdoor decks, you can enjoy sweeping views of the river from every angle. And with a private boat launch right in your neighborhood, you'll have endless opportunities for summer fun on the water. Don't miss out! Only 25 minutes to MSU Campus! Easy Access To Lansing, Jackson. Seller is offering $1,000 seller concession!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017