4500 EAGLE DR #38
About This Property
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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 |
|---|---|---|---|
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Apr 28, 2023 | Listed | $12,000 | |
| Listed | |||
| | |||
|
Located in popular Summit Township, this residential lot provides gorgeous views overlooking the golf course at the Country Club of Jackson (membership not required). This private cul-de-sac neighborhood offers public water/sewer and underground utilities. The location is in close proximity to schools, colleges, dining, shopping, and more. The Falling Waters Trail network is just down the road as well. The Country Club of Jackson does offer the ability to travel to and from this home via golf cart. More information about the Club can be found at CountryClubOfJackson.com. Contact REALTOR with your questions or to schedule a tour of the property.
| |||
| Aug 5, 2021 | No longer available | - | |
| No longer available | |||
| Jul 31, 2021 | Listed | $39,999 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/02/2024
| |
Loft
|
-
|
-
|
$12,000
Loft
-
|
$11,000
-8.33%
08/28/2024
|
Philip Lefere
LEFERE REALTY
|
|
06/11/2024
|
Loft
|
-
|
-
|
$19,900
Loft
-
|
$12,000
-39.70%
07/01/2024
|
Philip Lefere
LEFERE REALTY
| |
|
06/10/2024
|
Loft
|
-
|
-
|
$6,000
Loft
-
|
$6,000
08/28/2024
|
Philip Lefere
LEFERE REALTY
| |
|
08/05/2021
| |
Loft
|
-
|
-
|
$19,900
Loft
-
|
-
-
|
Philip V Lefere
LEFERE REALTY
|
|
07/31/2021
|
Loft
|
-
|
-
|
$39,999
Loft
-
|
-
-
|
Stephanie Bosanac-Mortimer
RE/MAX MID-MICHIGAN R.E.
| |
|
01/13/2021
|
Loft
|
-
|
-
|
$11,000
Loft
-
|
-
-
|
MISTY SMITH
HOWARD HANNA REAL ESTATE SERVI
| |
|
01/13/2021
|
Loft
|
-
|
-
|
$11,000
Loft
-
|
$10,000
-9.09%
08/20/2024
|
MISTY SMITH
HOWARD HANNA REAL ESTATE SERVI
| |
|
01/13/2021
|
Loft
|
-
|
-
|
$11,000
Loft
-
|
$10,000
-9.09%
08/20/2024
|
MISTY SMITH
HOWARD HANNA REAL ESTATE SERVI
| |
|
03/30/2020
| |
Studio
|
-
|
-
|
$19,900
Studio
-
|
-
-
|
-
|
|
09/04/2018
| |
Loft
|
-
|
-
|
-
Loft
-
|
-
-
|
KIRSTEN KNUEPPEL-MOGLE
RE/MAX MID-MICHIGAN R.E.
|
|
05/23/2011
| |
Loft
|
-
|
-
|
$12,000
Loft
-
|
$15,250
+27.08%
07/10/2025
|
KIRSTEN KNUEPPEL-MOGLE
RE/MAX MID-MICHIGAN R.E.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017