3820 Burning Tree Drive

    Bloomfield Twp, MI 48302
    • $528,000
    • STATUS: Active
    • ON SITE: 219 days
    • ID#: 219070383
    UPDATED: 22 min ago
    $528,000
    • 4
      BEDS
    • 0.67
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    • 2,871
      SQFT
    • $184
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1962
    County:
    Lot Size Dimensions:
    185X154x185x152

    School Ratings & Info

    School District:

    Description

    Investors only - 7% CAP rate - existing lease in place! Stately BH Colonial has been renovated from top to bottom. Modern color palette, new trim, hardwood floors, carpet, cabinetry and more. Brand new eat-in kitchen w/quartz , tile backsplash, floating shelving, custom barn door & so much storage. Kitchen doorwall leads to deck & substantial, private backyard. Huge family room w/ hardwoods, coved ceilings, beautiful brick fireplace & doorwall to deck. Living room w/ second FP. Master w/WIC & ensuite bath. 3 addl large bdrms, all w/brand new carpet. Completely renovated 4-piece main bathroom. Large mudroom/laundry & half BA from garage entry. Newer windows throughout. Generous corner lot w/circular drive & side entry garage leading to a second, secluded covd patio. Corporate lease with a 2 year term and option to extend with a 5% rent increase. No deferred maintenance as the property has been completely renovated. Maintenance will be minimal. 7% CAP rate at $528,000 sell price.

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    © 2020 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Mulvihill Group | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2020-02-21T09:56:56.153.
    www.mulvihillgrouprealestate.com/homes/96940518

    3820 Burning Tree Drive Bloomfield Twp, MI 48302

    • Price: $528,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: 219070383
    4
    Beds
    2
    Baths
    1
    ½ Baths
    0.67
    Acres
    2,871
    SQFT
    $184
    $/SQFT
    1962
    Built
    Neighborhood:
    Still Meadow
    County:
    Oakland
    Area:
    Bloomfield Twp
    School District:
    BLOOMFIELD HILLS
    Property Description
    Investors only - 7% CAP rate - existing lease in place! Stately BH Colonial has been renovated from top to bottom. Modern color palette, new trim, hardwood floors, carpet, cabinetry and more. Brand new eat-in kitchen w/quartz , tile backsplash, floating shelving, custom barn door & so much storage. Kitchen doorwall leads to deck & substantial, private backyard. Huge family room w/ hardwoods, coved ceilings, beautiful brick fireplace & doorwall to deck. Living room w/ second FP. Master w/WIC & ensuite bath. 3 addl large bdrms, all w/brand new carpet. Completely renovated 4-piece main bathroom. Large mudroom/laundry & half BA from garage entry. Newer windows throughout. Generous corner lot w/circular drive & side entry garage leading to a second, secluded covd patio. Corporate lease with a 2 year term and option to extend with a 5% rent increase. No deferred maintenance as the property has been completely renovated. Maintenance will be minimal. 7% CAP rate at $528,000 sell price.
    Exterior Features

    Architecture Level 2 Story Architecture Style Colonial Construction Materials AluminumBrickVinyl Exterior Features Outside Lighting Foundation Details BasementCrawl Foundation Features Sump Pump Foundation Materials Brick Garage Features AttachedDirect AccessDoor OpenerElectricitySide Entrance Garage Size 2 Car Garage YN Yes Lot Features Corner Lot Lot Size Dimensions 185X154x185x152 Pool YN No Porch Type DeckPorch - Covered Road Frontage Feet 154 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

    Interior Features

    Basement Type Unfinished Basement YN Yes Baths Total 2.10 Cooling Central Air Fireplace Fuel Gas Fireplace Locations Family RoomLiving Room Fireplace YN Yes Heating Forced Air Heating Fuel Natural Gas Interior Features Humidifier Kitchen Appliances Dishwasher Room Count 12 Rooms Bedroom - Mstr (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bath - Full (Second Level) Bath - Master (Second Level) Sq Ft Combined 2871 Sq Ft Source Prd Sq Ft Total Basement 1000 Water Heater Fuel Natural Gas

    Property Features

    Association Fee 125 Association Fee Frequency Annually Association Fee YN Yes Homestead YN Yes Land Contract YN No Listing Financing CashConventional Ownership Status Private OwnedShort Sale - No Possession Negotiable Postal City Bloomfield Hills Protection Period 90 Settlement Township Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 2566.5700 Tax Amount Winter 2499.6800 Title Private - Owned Total Tax 5066.2500 Transaction Type Sale Unparsed Address 3820 BURNING TREE DR Warranty No Water Source Municipal Water

    IDX provided courtesy of Realcomp II Ltd., via Re/Max Nexus and Realcomp, ©2020 Realcomp II Ltd. Shareholders.


    © 2020 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Mulvihill Group | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2020-02-21T09:56:56.153.
     
    The Mulvihill Group | Real Estate One
    8685 W Grand River
    Brighton MI, 48116