38627 CYPRESS MEADOW Drive, Clinton Township, MI 48036
Move-in ready ranch condo with open floor plan and sunroom.
- Added:
- Feb 21, 2025
- Days on Market:
- 501
- Last Refresh:
- May 20 at 1:47 am
Property Features for 38627 CYPRESS MEADOW Drive
General Information
- Standard status
- Active
- Size
- 1,454 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1988
Listing office Brookstone, Realtors LLC (586) 651-9703
Listing date Feb 21, 2025
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Brookstone, Realtors LLC
HighLights
- Desirable Moravian Meadows Community
- Ranch Condo with Open Floor Plan
- Newer Luxury Vinyl Plank Flooring and Fresh Paint
- Sunroom with Abundant Natural Light
- First‑Floor Laundry Room with Storage
- Attached 2‑Car Garage
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.7k | $18.36 |
| − Vacancy | −$1.9k | −$1.29 |
| EGI | $24.8k | $17.07 |
| − OpEx | −$11.2k | −$7.68 |
| NOI | $13.7k | $9.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clinton Township
- County
- Macomb
- State
- Michigan
- Longitude
- -82.9141606
- Latitude
- 42.5831432