12850 Marshall Lane
About This Property
A detached studio offers endless possibilities-an inspiring artist's haven, a private writer's retreat, or a serene home office. At the dune's base, a two-car garage provides convenience without compromising the home's elevated privacy. Whether you choose to restore its legacy or create your own custom lakefront escape, this exceptional property offers an unparalleled opportunity to embrace Michigan's lakeshore lifestyle.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 12, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| Apr 14, 2025 | Relisted | $1,795,000 | |
| Relisted | |||
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by RE/MAX Harbor Country | $1,795,000 | |
| Listed by RE/MAX Harbor Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017