11494 Tamarack Drive
About This Property
Natural light flows throughout the home, highlighting the thoughtful layout and enhancing the warm, welcoming atmosphere. Two separate living spaces provide flexibility for everyday living, entertaining, or creating a cozy retreat for movie nights or quiet evenings at home. The kitchen and dining areas connect seamlessly, making hosting gatherings both easy and enjoyable.
Step outside to the back deck, where privacy and peaceful surroundings offer the perfect setting for morning coffee, outdoor dining, or relaxing at the end of the day. The nearly one-acre lot provides ample space for outdoor activities, gardening, or future possibilities. A two-car attached garage adds convenience and storage. Located just minutes from a multitude of nearby lakes, this home offers the perfect balance of space, comfort, and access to Michigan's outdoor recreation.
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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 |
|---|---|---|---|
| Apr 22, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Dec 17, 2025 | Listed by ERA Reardon Realty, L.L.C. | $279,900 | |
| Listed by ERA Reardon Realty, L.L.C. | |||
| Jan 25, 2019 | Sold | ||
| Sold | |||
| Oct 12, 2018 | Listed by ERA Reardon Realty, L.L.C. | $169,900 | |
| Listed by ERA Reardon Realty, L.L.C. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017