37711 Sienna Oaks Dr

New Baltimore, MI 48047
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3 bd, 3 ba | 1,625 sqft | Built in 2024

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List Price
$384,900

Initial Investment

$104,885

Purchase Price

$384,900

Down Payment

25%

Rent

$2,530

Total Return

$158,488

Annualized Return

19.4%

Cap Rate

4.5%

Gross Yield

7.9%

Cash Flow

-$4,025

Appreciation

8.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

268,319

HOA

None

Flood Risk

Not Required

Come build your dream home from the ground up. Don't settle for an old existing home that comes close to what you want, and have to spend more money to update it, and ultimately still not have what you really want. This 1,625 sq. ft. ranch home with 2 full baths and a 2-car attached garage with service door has yet to be built, therefore allowing you to pick everything that goes into a home from start to finish. This guarantees you get exactly what you want and need in your home. This home has 3 bedrooms, which includes a primary suite that offers a stepped ceiling and includes a double lav. private bath and large walk-in-closet. The spacious kitchen and breakfast nook are open to a oversized great room. The kitchen also includes an island with a counter extension snake bar. The great room features a gas fireplace with logs and an electronic ignition wall switch for easy and safe operations. The fireplace wall has a full stone face from floor to ceiling with a stained floating mantle. The great room is also open to the foyer and has an open stairway to the basement with a stained hand rail and hollow metal spindles. Along with all of our standard features, this new construction home also includes: a cathedral ceiling in the great rm., undermount kitchen sink, granite countertops throughout, premium ceramic tile in both baths, large walk-in pantry off kitchen, an egress window and half bath prep. in the basement. There is an incredible amount of house and amenities offered for this square footage and price. Again, don't miss out on this opportunity to lock in to your price now and build your dream home.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$28,842

Expenses

-$4,992

Property Taxes

-$6,950

Loan Payments

-$20,925

Net Cash Flow

-$4,025

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Onorio D'Agostini
Agent License 6502432367
The D'Agostini Group LLC
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceGreater Kalamazoo
MLS #24014734
Last Updated: 03/28/2024 18:03
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