6428 Ototeman Trail
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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | Listed by Jaqua Realtors | $717,000 | |
| Listed by Jaqua Realtors | |||
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This spacious 4 bedroom, 2.5 bath home has been thoughtfully and stylishly remodeled from top to bottowm. All bathrooms and the kitchen were fully gutted and renovated with high-quality finishes, creating a fresh, modern feel throughout. Nestled on a wooded lot that offers privacy and natural beauty, the property gently slopes down to a small creek - perfect for peaceful outdoor living. Just a short walk to the Clearbrook Golf Course and restaurant, with downtown Saugatuck just minutes away for shopping, dining and entertainment. This is a turnkey home in a prime locaiton - ideal as a full-time residence, vacation retreat or investment opportunity.
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| Aug 13, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 30, 2025 | In contract | - | |
| In contract | |||
| Jul 12, 2025 | Price Decreased |
$717,000
↓ $12K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017