3320 Mapes Rd
About This Property
The woods are comprised of mainly oak and pine trees with several crabapple trees near the cabin. There are multiple box blinds around the property ready for the upcoming deer season. Besides deer, there is also a good turkey and bear population. Through the southern part of the property, the previous owner maintained a small plane landing strip. At over 400 yds long this is a great food plot area or possible long distance shooting range. Near the center of the property are 2 gravel pits. They have provided the current owners a fun place to target practice and ride atv's & snowmobiles. If desired, the new owners could possibly open this back up to sell gravel for an income source.
Portions of the property touch the Huron National Forest giving you direct access to snowmobile and atv trails that link up with the St. Helen trail system. Whether you just want to stop at Ma Deeter's for dinner and drinks or ride all day, the options are endless!
Conveniently located a half-hour from I-75, 9 minutes from Mio and 4 minutes from Luzerne. Between all of the wildlife and recreational possibilities, this is truly a fantastic Pure Michigan property! Call the Listing Agent directly to schedule a showing!
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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 |
|---|---|---|---|
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2025 | Listed by Michigan Whitetail Properties | $929,000 | |
| Listed by Michigan Whitetail Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017