1135 18th Street
About This Property
The main floor has two comfortable bedrooms, a full bath, and a handy laundry area. Upstairs, a spacious family room leads to an upper porch where you can enjoy quiet mornings with a cup of coffee. This room has plenty of flexibility and could become another bedroom with a closet added. A second full bath and a walkthrough 3rd bedroom make up the 2nd level. The home has been updated with fresh paint, new flooring, several newer windows, and a five-year-old furnace.
Outside, the 40x60 pole building steals the show with its cement floor and electric service, ready for equipment, hobbies, or livestock. Two additional barns sit on the property and are waiting for someone with vision to bring them back to life. The land is well suited for a big garden, chickens, or other animals.
You get quiet country living with quick access to US-131 and easy trips to Grand Rapids or Kalamazoo
Property is being split from larger parcel. Sale is subect to survey and township approval of the split.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Mar 27, 2026 | Listed by Five Star Real Estate | $385,000 | |
| Listed by Five Star Real Estate | |||
| Feb 3, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017