9686 Union Pier Road
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 |
|---|---|---|---|
| Apr 16, 2021 | Sold | ||
| Sold | |||
| Jan 5, 2021 | No longer available | - | |
| No longer available | |||
| Jan 4, 2021 | Listed by RE/MAX Harbor Country | $100,000 | |
| Listed by RE/MAX Harbor Country | |||
| Aug 21, 2020 | Listed | $100,000 | |
| Listed | |||
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**BUILD-ABLE LOT IN UNION PIER! ** Nice cleared corner lot ready for you to build your vacation home. Water and sewer and utilities are paid for and on the lot. Less than a mile to one of the most beautiful LAKE MICHIGAN BEACHES! Walk or bike to everything. $100,000
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| Aug 25, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017