6087 Clovermeadows Avenue
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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 |
|---|---|---|---|
| Jun 13, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | No longer available | - | |
| No longer available | |||
| May 26, 2023 | Listed by Coldwell Banker Schmidt Family Of Companies | $299,000 | |
| Listed by Coldwell Banker Schmidt Family Of Companies | |||
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Welcome to this beautiful 3-bedroom, 3-bathroom ranch-style home located in the desirable Greenfield Point neighborhood of Scotts, MI. This lovely home features a spacious and open floor plan with all bedrooms conveniently located on the main floor. You will appreciate the pride of ownership throughout as this home has been impeccably maintained.
The main level boasts a bright and inviting living room with large windows that offer plenty of natural light, and a vaulted ceiling. The kitchen is equipped with modern appliances and ample cabinetry. The master bedroom includes a private ensuite bathroom, complete with a luxurious shower and double vanity sink. The finished basement offers additional living space with a generous office area and a full bathroom, making it ideal for those who work from home or need extra space. Outside, you will find a charming backyard with a large deck that is perfect for entertaining or relaxing and enjoying the beautiful Michigan weather.
This home is located in the highly sought-after Greenfield Point neighborhood, which offers a peaceful and quiet setting, while still being conveniently located near shopping, restaurants, and entertainment. Don't miss out on this wonderful opportunity to make this home your own! **Offer deadline set for Sunday, May 7 at 7:00p The manager has listed the unit size as 1832 square feet.
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| May 4, 2023 | Listed by Callander Commercial | $299,000 | |
| Listed by Callander Commercial | |||
| Jan 8, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017