12001 Strait Road
About This Property
Listed By
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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 |
|---|---|---|---|
| Nov 2, 2026 | Listed by RE/MAX Mid-Michigan R.E. | $599,900 | |
| Listed by RE/MAX Mid-Michigan R.E. | |||
| Oct 20, 2026 | Price Decreased |
$699,900
↓ $19K
(2.7%) | |
| Price Decreased | |||
| Sep 1, 2026 | No longer available | - | |
| No longer available | |||
| Sep 1, 2026 | Listed by RE/MAX Mid-Michigan R.E. | $719,000 | |
| Listed by RE/MAX Mid-Michigan R.E. | |||
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NORTHERN MICHIGAN PRIVATE LAKE SETTING SURROUNDED BY WOODS & A LEVEL LOT REACHING OVER 880 FEET OF FRONTAGE & A COMPLETELY REMODELED HOME! Tucked away on a private all-sports, spring-fed lake along the border of Jackson and Hillsdale Counties, this stunning 4 bedroom, 2.5 bath lakefront retreat offers over 2300 finished square feet of perfect, peaceful seclusion. Known for its' outstanding fishing, you'll find largemouth bass, bluegill and pike. The scenic drive in feels like you're in Northern Michigan winding through mature woods filled with natural beauty and abundant wildlife including bald eagles in your trees & deer across the woods. Completely updated while preserving its original character and charm, this sprawling home was thoughtfully designed around comfort, convenience and lakefront living. Exposed wood beams, vaulted and cathedral ceilings with warm natural finishes create an inviting atmosphere throughout. Wide plank luxury vinyl plank flooring, new carpet, two brand new bathrooms with tiled walk-in showers and a beautiful, brand new kitchen make this home truly move-in ready. Nearly every room captures breathtaking lake views, including the spacious living room with soaring vaulted ceilings, a stacked stone fireplace and dual sliding doors leading to the cozy three-seasons room, offering a perfect place to relax and unwind. The kitchen features a stunning new wall of windows above the sink Quartz counter, modern stainless farm sink, tile backsplash with under-cabinet lighting, crisp white slow-close cabinetry, stainless steel appliances and a large walk-in pantry. The primary ensuite is a private sanctuary with cathedral ceilings, sitting area, walk-in closet, plus a new bathroom featuring tile finishes and a low-threshold glass-enclosed shower. The main floor hosts 3 bedrooms and 2 full baths while the cozy, natural wood lined second floor features the another ensuite layout complete with the 4th bedroom, half bath and the most adorable reading nook, home office space or walk-in closet. Energy efficient and peace of mind updates include: sprayfoam insulated crawlspaces and attic, new roof & skylight, whole house auto generator, all new plumbing, doors, hardware, fixtures, drywall, brand new dock (included) plus 220 hardwired to the lake. There's no lack of storage with the the bonus room attached to the garage-it's insulated and drywalled so enjoy a large, spacious main floor storage room plus the additional barn to store lawn & lake toys. This home can also be purchased for $599,900 with a boundary line adjustment splitting off approximately one acre (150x291 rectangle section) of the Southeastern area of the 2nd parcel. Premier location, less than 20 miles to Jackson & Hillsdale plus a setting where neighboring property owners encompass 100+ acres. This property has everything you need-style, space, comfort and complete privacy. Don't miss your chance to own this extraordinary home with unmatched indoor and outdoor living.
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| Jun 3, 2026 | Price Decreased |
$719,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017