11870 Bayer 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 |
|---|---|---|---|
| Jul 16, 2026 | Price Decreased |
$355,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Jun 23, 2026 | Listed by Michigan Whitetail Properties | $365,000 | |
| Listed by Michigan Whitetail Properties | |||
| Jun 29, 2017 | Listed | $114,900 | |
| Listed | |||
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Charming country living, 3 Bdrm. home/get-a-way located on 10.4 acres of the most beautiful wooded and private land in the area on a little-used country road, and only one mile off Higgins Lake, with Gerrish Twp. Park and Beach nearby. Minutes from I-75 access, shopping and schools. The historic cabin originally built in approx.. 1887. Natural stone fireplace is wood burning and the focal point of the rustic themed kitchen/dining area. A large living room features a patio door to the private rear yard. The large front deck leads to a screened sun porch, perfect for entertaining! 2.5 baths! The walkout basement has a bath with shower, laundry area and storage. A perfect property for snowmobilers, ATV's, hunters, retirees, and beach lovers. THE BEST OF ALL WORLDS! Most furniture is included in sale. The manager has listed the unit size as 1568 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017