9865 Weko Drive
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 |
|---|---|---|---|
| Jan 27, 2021 | Sold | ||
| Sold | |||
| Sep 24, 2020 | Listed by Century 21 Affiliated | $419,000 | |
| Listed by Century 21 Affiliated | |||
| Feb 11, 2019 | Sold | ||
| Sold | |||
| Aug 23, 2018 | Listed by Farley Real Estate, Inc. | $379,000 | |
| Listed by Farley Real Estate, Inc. | |||
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Easy care living in majestic Michigan, this immaculate stand alone condo at Weko Dunes is just steps from Weko Beach and minutes to Warren Dunes. Great restaurants, shops, breweries and vineyards, not to mention the walks on the wide sandy beach! This well appointed 5 bed, 3.5ba home is a perfect mix of year round enjoyment with floor to ceiling windows embracing the woods and wildlife. Spacious decks for entertaining & dining. Open floor plan, cathedral ceilings & fireplace create an ambiance of relaxation. Main floor spacious master with generous bath opens to deck. Updated kitchen has breakfast nook, easy to entertain. Private pool and tennis feels like resort living. Terrific value in this single family home so close to the shores of Lake Michigan 80 miles from Chicago!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017