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11845 N Waldron Road
About This Property
The property offers a unique advantage with Lake LeAnn's exclusive lottery mooring program. Unlike most area lakes, you can apply for a seasonal dock slip, allowing you to keep your boat in the water all summer rather than trailering it for every visit. This convenience makes lake life effortless and highly accessible.
Located in an engaging community with fantastic local dining, you are perfectly positioned near US-12 and US-127 for a quick commute to Jackson, Ann Arbor, Adrian, or Coldwater. Whether you are seeking a full-time residence or a strategic lakeside escape, this build site provides the perfect foundation for an active, water-focused lifestyle. Secure your spot today and start enjoying everything Lake LeAnn has to offer.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017