44708 Midway Drive
About This Property
This beautiful open concept home in Northville Schools is truly 100% turn-key.After undergoing a FULL renovation in 2014 this light-filled house has an affective age of 10 years old.The full list of improvements is too long to list (see attached document) but highlights are:Full electric and plumbing systems, complete kitchen and bath(s) rebuild, and custom Maple floors:New windows, soffit and facia, stamped concrete patio and walkways (2015):Full professional landscaping (2016) with 10 zone irrigation, including drain system and regrading (2018):PRIMARY BATH remodel including multi-head custom shower, and NEW ROOF (2022):Whole house CUMMINGS 20kw GENERATOR with brown out and cold weather kit (2023).
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017