77643 38th Avenue
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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | Listed by Lake Path Realty | $929,000 | |
| Listed by Lake Path Realty | |||
| Apr 28, 2021 | Sold | ||
| Sold | |||
| Oct 30, 2020 | Listed by Lake Path Realty | $799,000 | |
| Listed by Lake Path Realty | |||
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UNIQUE DOESN'T SPEAK to the abundant features of this home! LOCATION X 3: 1) Within a ONE-OF-A-KIND LAKEFRONT PARADISE - Le Lac Appelle - which includes TWO lakes for swimming, fishing, and small boats, cottage-homes, sandy beaches, dunes, and mature trees! 2) Between TWO lakes for Sunrise & Sunset Views over water! 3) Between THREE resort towns of South Haven - St. Joe - Coloma. Only 90 min from Chicago and 5 min to Lake Michigan! Quality throughout with maple flooring, 9' ceilings, and much MUCH more! Features include cov porch, wrap-around balcony, large patio, and your own private sandy beach. The 844sqft ''Lodge in the Garage'' (incl in 3360sqft) has a vaulted ceiling, kitchen, and bathroom. Schedule a showing now to experience everything it has to offer! Agent is related to Seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017