3965 Elm Valley Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 21, 2019 | Sold | ||
| Sold | |||
| Apr 12, 2019 | Listed by RE/MAX by the Lake | $229,000 | |
| Listed by RE/MAX by the Lake | |||
| | |||
|
The compass points north on this brick ranch set on 7 beautiful acres in Three Oaks. You will not find another one like this on the market, as it checks all the boxes. Frontage on the south branch of the Galien River with woods and 3 farmable acres. 24x40 pole building with concrete floor, new in 2015. Two additional outbuildings for storage and a 2 car attached garage. Home features 2 large main floor bedrooms and 2 full baths. A finished basement offers 2 additional rooms with another full bath! Propane heating with a large woodstove sidekick, as well as central air has this home ready for all seasons. Yard smoothed out and reseeded August 2018. Newer roof and septic, fenced front yard, the list goes on. This Harbor Country home is a must see.
Agent Only Remarks:
| |||
| Jul 28, 2014 | Sold | ||
| Sold | |||
| Mar 14, 2014 | Listed by Berkshire Hathaway HomeServices Michigan Real Estate | $139,900 | |
| Listed by Berkshire Hathaway HomeServices Michigan Real Estate | |||
| May 6, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017