5279 E 11 Mile, Warren, MI 48092
Charming 2-bedroom condo with basement, ready for immediate occupancy.
- Added:
- Aug 17, 2025
- Days on Market:
- 304
- Last Refresh:
- May 19 at 9:44 pm
Property Features for 5279 E 11 Mile
General Information
- Standard status
- Active
- Size
- 968 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1990
Listing agent Danelle Munro License #6501 (586) 206-4214
Listing office Chervenic Realty Inc (586) 206-4214
Listing date Aug 17, 2025
Source Kw
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 Chervenic Realty Inc
HighLights
- Move‑in ready condition.
- Enjoy central air conditioning.
- Full basement provides extra space.
- Private deck and outdoor space.
- Includes all appliances: Stove, Refrigerator, Dishwasher, Disposal, Washer, and Dryer.
- Spacious bedrooms with lots of storage.
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 | $17.1k | $17.64 |
| − Vacancy | −$990 | −$1.02 |
| EGI | $16.1k | $16.62 |
| − OpEx | −$7.2k | −$7.48 |
| NOI | $8.8k | $9.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Macomb
- State
- Michigan
- Longitude
- -83.0525
- Latitude
- 42.4916
