4191 Ponchartrain Drive
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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%.
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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.
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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 29, 2020 | Sold | ||
| Sold | |||
| May 21, 2020 | Listed by Coldwell Banker Realty | $1,375,000 | |
| Listed by Coldwell Banker Realty | |||
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This stunning renovation of a 1940's log home is one of the finest examples you'll find in turning a vintage classic into a smart, sophisticated getaway you'll want to retreat to whenever possible. Effectively 4 years new, the home is on .76 acre and is located just steps to the beach in the Village of Michiana. Designed by architect Anthony Moss, The façade of this stately log was preserved paying homage to its past, but inside, the home has been completely reconstructed from foundation to roof providing a sensible floor plan, beautiful finishes, and every amenity to create a comfortable luxury haven. Lots of ship lap siding and repurposed v-board gives this home a sense of warmth, texture and a nod to its past. The vaulted living room with stone fireplace and bay windows leads out to the screened porch that overlooks the 12x45 lap pool, stone patio and decks. The cook's galley style kitchen features a 12' island, SubZero and Wolf appliances and adjoins the dining room with balcony. The master bedroom suite is located on the main level, along with a den/family room. Two ensuite guest bedrooms are on the 2nd level with a lofted reading area with built-in bookshelves. The lower level features a mudroom laundry room, full bath and 4th bedroom. A firepit, bocce ball court and 2 car garage complete this special offering. Located just 75 miles from downtown Chicago.
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| Oct 26, 2015 | Sold | ||
| Sold | |||
| May 18, 2015 | Listed by Coldwell Banker Anchor R.E. | $645,000 | |
| Listed by Coldwell Banker Anchor R.E. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017