26179 Albert J Drive, Warren, MI 48091
Two-bedroom, 1.1 bath ranch condo with garage and basement.
- Added:
- Feb 20, 2025
- Days on Market:
- 501
- Last Refresh:
- May 20 at 12:51 am
Property Features for 26179 Albert J Drive
General Information
- Standard status
- Active
- Size
- 1,008 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1986
Listing office RE/MAX First (586) 202-3487
Listing date Feb 20, 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 First
HighLights
- Recently updated with a new roof (2024), furnace (2023), hot water heater (2023), and windows (2017).
- Two bedroom, 1.1 bath ranch style condo with attached garage and full basement.
- First floor laundry for convenience.
- Master bedroom with walk‑in closet.
- Large open floor plan with doorwall to private Trex deck.
- Pets are welcome.
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 | $17.8k | $17.64 |
| − Vacancy | −$1.0k | −$1.02 |
| EGI | $16.7k | $16.62 |
| − OpEx | −$7.5k | −$7.48 |
| NOI | $9.2k | $9.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Macomb
- State
- Michigan
- Longitude
- -83.05
- Latitude
- 42.485855
