10
Map
11416 Weatherwax Drive
About This Property
Listed By
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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 |
|---|---|---|---|
| Oct 15, 2026 | Listed by RE/MAX Mid-Michigan R.E. | $12,000 | |
| Listed by RE/MAX Mid-Michigan R.E. | |||
| Oct 12, 2025 | No longer available | - | |
| No longer available | |||
| Jul 26, 2025 | Price Decreased |
$12,000
↓ $2K
(14.3%) | |
| Price Decreased | |||
| Apr 12, 2025 | Listed by RE/MAX MID-MICHIGAN R.E. | $14,000 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
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PRIME LAKE ACCESS LOT ON ALL-SPORTS LAKE LEANN ACROSS THE STREET FROM THE LAKE & PARKS! Perfectly positioned in the heart of the peninsula between North & South Lake LeAnn, this lot offers one of the best locations for the home of your dreams or the lake cottage you've envisioned. Just steps from a couple associations parks & mooring sites on a private, all-sports lake! Enjoy year-round recreation in a peaceful, natural & true Northern Michigan setting. Great swimming, boating and fishing. Property received perk test approval for a standard system in October 2023. Annual HOA fee is $170 and provides access to both lakes. Don't miss your chance to get on the lake today!
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| Nov 16, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017