9832 Nolan 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 26, 2019 | No longer available | - | |
| No longer available | |||
| Jun 21, 2019 | Sold | ||
| Sold | |||
| May 3, 2019 | Relisted | $319,000 | |
| Relisted | |||
| Oct 19, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $319,000 | |
| Listed | |||
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NEW PRICE! With LAKE MICHIGAN beach access only 2 blocks away, this 4 bedroom, 2 bath home on a double lot is perfectly situated to be a prime investment vacation rental property, weekend retreat, or full time home w/New Buffalo schools. There's room for a pool in the private back yard and features a large gazebo; wonderful for entertaining. The reduced price reflects TLC that's needed, but what a super place at the right price to make it your place for memories with family and friends. The manager has listed the unit size as 1980 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017