6718 Old M-11
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 6, 2019 | Sold | ||
| Sold | |||
| Mar 20, 2019 | Listed by Coldwell Banker Anchor R.E. | $194,500 | |
| Listed by Coldwell Banker Anchor R.E. | |||
| Feb 3, 2019 | No longer available | - | |
| No longer available | |||
| Sep 8, 2018 | Price Decreased |
$209,000
↓ $20K
(8.7%) | |
| Price Decreased | |||
| Aug 23, 2018 | Listed | $229,000 | |
| Listed | |||
| | |||
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Welcome to the Heart of Harbor Country! This property is just a mile to downtown Sawyer and Warren Dunes! The well-maintained home has 4 bedrooms, 2.5 baths, spacious kitchen, large gathering areas, lower level rec room with fireplace and insert, abundant yards in the front and back, new furnace, central air & water heater (2018), newer roof (2015), 2 car, attached garage with plenty of storage/workshop opportunities. Pulling up to your peaceful, park-like retreat, you can leave any stress atthe street. Whatever your needs, it would make a wonderful full-time or vacation home. Room for a pool. Also a very short distance to Cherry Beach and Lake Michigan. Make this your home! The manager has listed the unit size as 2250 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017