4566 BERLIN 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 31, 2021 | In contract | - | |
| In contract | |||
| May 14, 2021 | Price Decreased |
$299,900
↓ $20K
(6.3%) | |
| Price Decreased | |||
| Mar 12, 2021 | Price Decreased |
$320,000
↓ $60K
(15.8%) | |
| Price Decreased | |||
| Feb 10, 2021 | Listed | $380,000 | |
| Listed | |||
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New quality construction, on all sports Long Lake. This 3 bedroom, 2 bath is what you have been waiting for. This home has an open floor plan, and natural light galore to enjoy everything Long Lake and nature has to offer. Ever dream of waking up to picturesque lake views? This beautiful new home will allow you to do just that! Relax, unwind, leave the chaos behind and enjoy the beautiful lake sunset from your porch. Less than 1.5 hr commute to Ann Arbor, Lansing, Jackson, Toledo, and Kalamazoo makes this home a commutable distance for a vacation home, or the perfect year round home. Crawl is waterproofed by Foundations Systems of Michigan. **Seller will sell as is.** land contract terms available. Seller wants to sell as is. Price is reflective upon progress. The manager has listed the unit size as 1400 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017