7309 Warwick Drive
About This Property
floor plan filled with natural light, cathedral ceiling, and abundant
windows that create a bright, airy atmosphere throughout. New windows and
exterior painting in 2018, new roof 2019. Fabulous new patio and new decorative
fenced-in yard,, making the backyard ideal for pets, children, and outdoor
enjoyment. New sump pump
in 2020, new water heater in 2021. Cozy up
during Michigan's cooler months beside the stunning floor-to-ceiling fireplace,
the focal point of the main living space. Recent updates include a fully renovated, accessible first-floor bath with beautiful ceramic tile Master bath that also features a shower and soaking tub. Conveniently located near shopping, dining,schoo
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 24, 2026 | Sold | ||
| Sold | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by Howard Hanna Real Estate | $376,000 | |
| Listed by Howard Hanna Real Estate | |||
| Aug 14, 2015 | Sold | ||
| Sold | |||
| Apr 15, 2015 | Listed by Howard Hanna Real Estate | $189,900 | |
| Listed by Howard Hanna Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017