2512 19 Mile Road
About This Property
Located in the heart of southern Michigan's Big Buck country in Calhoun County is where you'll find this 38 acre parcel that has been well taken care of and used strictly for hunting mature Michigan whitetail deer and turkeys. You can see by the aerial map that this property has a very good mixture of crop fields (2) and mature wooded areas. This area is known for producing quality whitetail's and surrounding landowners practice QDM as well. Contact us today and let's go take a walk
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017