7185 Waverland Path
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 |
|---|---|---|---|
| Nov 24, 2020 | Sold | ||
| Sold | |||
| Sep 20, 2020 | Listed by Jaqua REALTORS | $750,000 | |
| Listed by Jaqua REALTORS | |||
| Jul 12, 2020 | No longer available | - | |
| No longer available | |||
| May 14, 2020 | Listed | $725,000 | |
| Listed | |||
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This stunning contemporary beach retreat designed by John Allegretti is tucked in a private wooded dune directly across the street from Lake Michigan beach access. The amazing home has three bedrooms, two are master suites with two additional baths. Interior features include yellow pine hardwood with Indian and Black Slate flooring throughout. The great room has a massive wood burning fireplace, and vaulted beamed Douglas Fir ceilings. The kitchen is a chefs dream with professional grade Whirlpool & Jennaire appliances and Black Slate countertops. The upper level has seasonal Lake Michigan views and a wrap-around deck with tempered glass & wood railings. All of this on a private 1.35 acre wooded lot minutes from all of the great restaurants, wineries and craft breweries of Southwest MI The manager has listed the unit size as 2626 square feet.
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| Mar 18, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017