5396 110 Avenue
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 25, 2018 | Sold | ||
| Sold | |||
| May 16, 2018 | Listed | $219,000 | |
| Listed | |||
| | |||
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1950's cottage on Lower Scott Lake, with expansive views from your private 132 feet of waterfront! 3 bedrooms and 2 full baths with additional sleeping areas when everybody wants to crash your summer party. Wood burning fireplace in the living room for cozy winter gatherings. Roof is only 2 years old. Home is 100% electric. 2 car garage plus storage shed for the mower and bikes. Patio area off the kitchen/dining, facing the lake, and perfect for breakfast, lunch and dinner outside. 15 minutes in either direction to Saugatuck or South Haven. Call for a showing! The manager has listed the unit size as 1984 square feet.
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| Apr 24, 2018 | Listed by Coldwell Banker Woodland Schmidt Saugatuck | $219,000 | |
| Listed by Coldwell Banker Woodland Schmidt Saugatuck | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017