3254 Town Crossing SW Drive, Grandville, MI 49418
Condo with upgrades, sun room, and prime location.
- Added:
- Jan 24, 2025
- Days on Market:
- 518
- Last Refresh:
- May 20 at 12:45 am
Property Features for 3254 Town Crossing SW Drive
General Information
- Standard status
- Active
- Size
- 2,030 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2003
Listing office RE/MAX of Grand Rapids (FH) (616) 975-5629
Listing date Jan 24, 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 RE/MAX of Grand Rapids (FH)
HighLights
- Prime location near Rivertown Mall, shopping, restaurants, and expressways.
- Move‑in condition, former model unit with many upgrades.
- Main floor master bedroom with walk‑in shower and walk‑in closet.
- Sun room with cathedral ceilings.
- Main floor laundry with washer and dryer included.
- All appliances included.
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 | $37.0k | $18.24 |
| − Vacancy | −$2.1k | −$1.02 |
| EGI | $35.0k | $17.22 |
| − OpEx | −$15.7k | −$7.75 |
| NOI | $19.2k | $9.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grandville
- County
- Kent
- State
- Michigan
- Longitude
- -85.7445716
- Latitude
- 42.886274
