40 Peter Pan Lane
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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by Berkshire Hathaway HomeServices Michigan Real Estate | $380,000 | |
| Listed by Berkshire Hathaway HomeServices Michigan Real Estate | |||
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Welcome to this stunning residence in the desirable Squaw Creek neighborhood, where comfort meets sophistication in a thoughtfully designed home spanning 3,100 square feet. The open concept floor plan welcomes you with abundant natural light streaming through large windows, creating an inviting atmosphere throughout. The heart of the home features a spectacular family room with soaring cathedral ceilings and a cozy fireplace perfect for those chilly Michigan evenings. Adjacent to this space, a generous dining area flows seamlessly into a bright sunroom, complete with a second fireplace, ideal for enjoying both morning coffee and afternoon relaxation. This home offers incredible flexibility with 3-5 bedrooms, including two additional rooms in the finished basement. The primary suite provides a peaceful retreat with its private bathroom and walk-in closet. Three full bathrooms and a convenient main-floor laundry room add to the home's practical amenities. The fully finished basement is an entertainer's dream, featuring a bar/kitchenette, and a versatile craft room. For outdoor enthusiasts, the backyard is a recreational paradise with its multi-sport court ready for friendly competitions. Green thumbs will appreciate the raised garden beds, perfect for growing fresh herbs and vegetables. Additional features include an attached two-car garage and all appliances included. The home's location offers easy access to local amenities while maintaining a peaceful suburban setting. Whether you're hosting gatherings or seeking a comfortable family haven, this property delivers the perfect blend of functionality and comfort. Call Clint for your private showing today! 269.317.0127
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| Nov 22, 2022 | Sold | ||
| Sold | |||
| Aug 24, 2022 | Listed by RE/MAX Perrett Associates - Marshall | $329,900 | |
| Listed by RE/MAX Perrett Associates - Marshall | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017