4290 1/2 Springbrook Road
About This Property
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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 |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Dec 6, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 15, 2025 | In contract | - | |
| In contract | |||
| Sep 9, 2025 | Listed by RE/MAX MID-MICHIGAN R.E. | $150,000 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
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PRIME PROPERTY SUMMIT TOWNSHIP - 35 Acres - CONTINGENT accepted offer on the North 16.6 Acres eff 11/5/25. Land split opportunity. Zoned AG1 features approximately 858 feet of road frontage on Springbrook Road AND 937 feet on Sears Road. Public water available at the road available (up to home at 4290 Springbrook). Water available at the road (down to Kimmel Rd). Property is situated just south of Jackson Country Club, just north of Sears Road and minutes from the heart of Summit Township - groceries, gas, restaurants, parks trails & more. This lovely piece of agricultural property is perfect to build your dream home, farm, enjoy wildlife, walk/cross country ski the trails & hunt; Three sections have crops, balance includes woods and low land. Mineral rights included.
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| Sep 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017