9010 US-12
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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 |
|---|---|---|---|
| Jul 11, 2022 | Sold | ||
| Sold | |||
| Jan 9, 2022 | Listed by Keller Williams Realty SWM | $40,000 | |
| Listed by Keller Williams Realty SWM | |||
| Jan 2, 2022 | No longer available | - | |
| No longer available | |||
| Mar 23, 2021 | Listed by Keller Williams Realty SWM | $40,000 | |
| Listed by Keller Williams Realty SWM | |||
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1 acre lot located on Highway US 12 in New Buffalo Township. Excellent cleared spot for building that has been farmed in years prior. Surrounded by acres and acres of beautiful farm land. If you are looking for more space, the one acre lot adjoining is also available for sale. 6 minute drive to Four Winds Casino, 6 minute drive to New Buffalo Public Beach and Boat Launch and a 2 minute drive to get you onto I94 for quick commutes. Excellent location with endless possibilities.
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About Berrien
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Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22000714
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017