10990 Bellman Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2019 | Sold | ||
| Sold | |||
| Aug 10, 2019 | Listed by Michigan Lifestyle Properties | $217,500 | |
| Listed by Michigan Lifestyle Properties | |||
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Get the best of country living! Just a stones throw from the forests of the Sharonville SGA & south of the suburban fringe of Grass Lake , your charming 3-bdr ranch sits on 5 rambling acres with a 2,000 square foot pole barn. Stretch your legs & relax in the fresh air of the back deck to take in the rolling, pastoral view & horses at pasture. Bring your boats, toys & horses! The pole barn has room to spare & comes complete with poured concrete floor & 3 horse stalls. The house features newly refinished oak & fir wood floors, fireplace & new elegant marble ceramic tile in an updated bathroom. A must-see to appreciate the fine craftsmanship & TLC! Less than 5 minutes to downtown Grass Lake & 10 minutes to I-94. Straddles Napolean/Grass Lake Schools line (choice of homeowner.) Come on over!
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| Aug 20, 2015 | Sold | ||
| Sold | |||
| Jun 26, 2015 | Listed by Keller Williams Ann Arbor Mrkt | $185,000 | |
| Listed by Keller Williams Ann Arbor Mrkt | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017