1745 W Jackson Road
About This Property
If you are looking for an affordable place to call home in Oceana county this is it.
Close to the highway for easy commute to Ludington or Muskegon and not to far from Silver Lake sand dunes. Because of the historic buildings this is a cash only sale.
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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 27, 2023 | Sold | ||
| Sold | |||
| Oct 11, 2023 | Listed by Five Star Real Estate (Main) | $110,000 | |
| Listed by Five Star Real Estate (Main) | |||
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This 3 bedroom 2 bath manufactured home sits on top of the tallest point in Weare township. You can see for miles right out your back door. This is a historic location with 2 of the original Weare township buildings out front.
If you are looking for an affordable place to call home in Oceana county this is it. Close to the highway for easy commute to Ludington or Muskegon and not to far from Silver Lake sand dunes. Because of the historic buildings (out front which had fires in them years ago) this is a cash only sale.
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| Dec 19, 2022 | Sold | ||
| Sold | |||
| Nov 25, 2022 | Listed by Five Star Real Estate - Hart | $100,000 | |
| Listed by Five Star Real Estate - Hart | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017