9977 Cottage Lane
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 |
|---|---|---|---|
| Dec 23, 2020 | Sold | ||
| Sold | |||
| Nov 19, 2020 | Listed by Keller Williams Realty SWM | $450,000 | |
| Listed by Keller Williams Realty SWM | |||
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Beautiful and bright turn-key cottage in the quaint beach town of Union Pier. After relaxing on your front porch swing, head into your easy living fully furnished cottage. Spacious open concept living, kitchen and dining room. Large windows decorate the high vaulted ceilings with magnificent natural light. Grand floor to ceiling stone fireplace in living room. Kitchen overlooks it all with a large center island for entertaining and excellent prep space. 2 spacious bedrooms & additional den/bedroom. 2 bathrooms including a master suite with a private deck. The inside is incredible, with some new updates but you will also love the outside. This cottage is wrapped in outdoor spaces including a large screened in porch. Only a few steps to your community pool! Easy walk down to Townline beach.
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| Jun 26, 2019 | Sold | ||
| Sold | |||
| May 24, 2019 | Listed by Berkshire Hathaway HomeServices Chicago | $379,900 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017