737 Newport Place
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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 |
|---|---|---|---|
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | Listed by Real Estate One | $855,000 | |
| Listed by Real Estate One | |||
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Open House Cancelled. Discover this exceptional Ann Arbor Builders custom-built 2013 home backing to the serene Miller Nature Area in NW Ann Arbor! Boasting 5 bedrooms and 3.5 baths, this property offers an open floorplan, tall ceilings and large windows, flooding the space with natural light. The main floor features a living room with wood burning fireplace that opens to a spacious eat-in kitchen with an island, granite countertops, and stainless-steel appliances. A formal dining room, mud room with laundry facilities, and a half bath round out the first floor. Upstairs, the large primary bedroom overlooks the nature preserve and includes a walk-in closet and an ensuite with a soaker tub, double vanity, and shower. A loft area that can serve as an office, plus three additional bedrooms and one full bath complete the upper level. The finished basement with two egress windows and tall ceilings offers a large multi-purpose room and a 5th bedroom. The backyard is a serene sanctuary with wooded views, a deck and stone lounge area with a custom metal firepit. The attached two-car garage, fresh paint and new carpet enhance the appeal of this beautiful home. Don't miss out on this fantastic opportunity in a prime location! Home Energy Score of 7. Download report at stream.a2gov.org.
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| Apr 1, 2014 | Sold | ||
| Sold | |||
| Mar 27, 2013 | Sold | ||
| Sold | |||
| Mar 16, 2012 | Listed by The Charles Reinhart Company | $89,000 | |
| Listed by The Charles Reinhart Company | |||
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Interesting Possibilities With This Quarter-acre City Lot Adjacentto The 23-acre Miller Nature Area! Within A Walk Of Just About Everything, Including Main Street, The YmcA, Knight's Market, Kerrytown, And Several Schools, This Site Has A Terrific Cul-de-sac Location On The Outskirts Of The Arborview Subdivision. Approved House Plans Available With The Sale, And Seller Financing Or Land Contract Is An Option. Bring An Offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017