3885 Pointe Drive
About This Property
Nestled along the serene shores of Cecil Bay, where adventure meets tranquility, and
every day feels like a summer vacation. This property includes a 2-bedroom, ranch built in 2003, 1-full bath
ranch-style home that offers a harmonious blend of modern luxury and natural beauty.
Every detail has been thoughtfully curated to enhance your living experience. Wake up
to the gentle lull of waves and the sight of sun-kissed waters stretching as far as the eye
can see from your ex-large, zero maintenance composite deck. Amazing views from
your kitchen, dining and living room with an abundance of natural light! The deck and
sandy beach offers panoramic views of the tranquil bay, inviting you to savor every moment. Indulge in the comforts of this home with an entry area 1 st floor laundry room /
mud room and enjoy the 2-car detached garage, with coated floors and workshop space
as well as an ample storage building for your garden accessories. Parking is easy for
guest with the circular driveway and there is even a camper hook-up for extra guest
accommodations on site! The two large bedrooms can hold king sized beds and the full
bath has lots of counter space & is nestled in between the bedrooms. Imagine this
space for all seasons and enjoy a cozy game night in, perfect movie nights or friendly
video game competitions during the snowmobile /skiing season too. Year round living
Up North is possible, ensuring comfort and convenience even during winter getaways.
Step outside to your private oasis, complete with a fire pit nestled among natural
grasses, perfect for cozy gatherings under the starlit sky. Watching the Northern Lights,
the freighters passing under the glorious Mackinac Bridge, seeing the Sunrise & Sunset
on the same beach, and seeing Bald Eagles fish, is just a glimpse into what is so
magical here on Pointe Dr. Beyond your doorstep, walking down the quiet street with
no through traffic, lies the pristine woodlands of Wilderness State Park, where miles of
hiking trails, secluded beaches, and picturesque picnic spots await your exploration. A 5
min leisurely stroll to soak in the charm of the area is all it takes to get to the Carp Lake
River for fishing and to Cecil Bay Trading Post, so you can easily stock up on essentials
or indulge in an ice cream cone. Ride your bike 10 mins to the North Country Trailhead.
If you want to allow short term renters to make memories here too, similar properties
nearby rent for $1500/ wk. Experience the Magic of Up North Living, 15 mins W. of
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Listed by The Charles Reinhart Company | $450,000 | |
| Listed by The Charles Reinhart Company | |||
| Mar 29, 2024 | No longer available | - | |
| No longer available | |||
| Mar 8, 2024 | Listed by Coldwell Banker Fairbairn Realty | $499,900 | |
| Listed by Coldwell Banker Fairbairn Realty | |||
| | |||
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63 ft of sandy Lake Michigan shore is the setting of the home. It has 2 bedrooms, 1 bath, kitchen & living room look right over the sandy beach area. Must see! Call for a tour. The manager has listed the unit size as 1040 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017