3055 Wolf Lake Road
About This Property
This property has a private setting with just over 8 acres, completely fenced in with gated pastures & live electric fencing. This home offers an open concept with just under 1600 sq.ft., equipped with master suite, three bedrooms, two full baths, kitchen that is open to a breakfast nook. Sliding glass door to the back deck and detached 2 car garage. Pantry just off of the kitchen that could be used for first floor laundry. Large lower level that is also just under 1600 sq.ft. that could be finished to your liking. Newer horse barn is 36x56 with overhang, sky lights for natural light, two horse stalls with potential for more, water, 50 amp service & hay storage. Too many updates to list. Come see what pride in ownership looks like!! Call for private showing.
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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 |
|---|---|---|---|
| May 31, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2022 | Listed by C-21 Affiliated - Jackson | $419,900 | |
| Listed by C-21 Affiliated - Jackson | |||
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Amazing opportunity to own your own Horse Ranch located in a prime Grass Lake area! With a nearly new horse barn that includes 3 stalls, an overhang, 2 hydrants. Sale includes a new round pen and seller has added 20k in new fencing in the last year !! Walking into your open concept home you notice nice tall ceilings and tons of natural light. The kitchen opens to a beautiful dining area with a walkout to the back yard. Large master suite built for a massive bed and plenty of storage. This home also features Newer mechanicals, a fenced in garden, and a radon system. Call your local agent today!!
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| Apr 22, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by Home 1st Real Estate | $399,900 | |
| Listed by Home 1st Real Estate | |||
| Sep 22, 2009 | Sold | ||
| Sold | |||
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About Jackson
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Last Updated: 3 years ago
Data Source: MichRIC, MLS# 22006618
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017