48399 CR 384
About This Property
The main floor offers a primary suite complete with a private full bath and a walk-in closet. A second bedroom is located on the opposite side of the home, adjacent to another full bath, providing an ideal setup for guests or family members. Additional conveniences include a main floor laundry area, that leads to the 2 car attached garage. The full unfinished basement with egress window, has added potential for a 3rd bedroom, family room and additional bath. There is a Generac whole house generator hooked up and ready to go, so you will never be without power.
Located just 10-15 minutes from the resort town of South Haven and the beautiful shores of Lake Michigan. There is also a public boat launch across the street so you can kayak, fish, and enjoy time on the water.
Located half way between, Chicago and Detroit.
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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 |
|---|---|---|---|
| Jun 12, 2025 | Sold | ||
| Sold | |||
| May 8, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Listed by Five Star Real Estate | $299,900 | |
| Listed by Five Star Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017