43470 Eagle Lake 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 |
|---|---|---|---|
| Jul 13, 2020 | Sold | ||
| Sold | |||
| May 19, 2020 | Listed by Berkshire Hathaway HomeServices MI | $500,000 | |
| Listed by Berkshire Hathaway HomeServices MI | |||
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Amazing views and sunsets can be yours in this vacation or year round home on spring-fed all-sports Eagle Lake. Conveniently located half way between Detroit and Chicago and only 2 miles South of I-94 (exit #56). Enjoy 132 ft of private lake front with dock. The A-frame style home has 3,674 finished sq ft on 3 levels. Loft can serve as office, playroom, work out room or additional sleeping space. Main floor with wall of windows has an open floor plan with kitchen, living room and dining area. Large island with snack bar and pantry. 3 Bedrooms and 2 full baths including master suite. Wrap around deck with stunning lake view. Walkout level includes family room area, half bath, access to the lake & patio plus 2 attached garages for cars or lake toys. Only 22 minutes from Kalamazoo.
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| Mar 8, 2020 | No longer available | - | |
| No longer available | |||
| Sep 7, 2019 | Listed by Gale Realty, LLC | $499,900 | |
| Listed by Gale Realty, LLC | |||
| Aug 28, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017