4530 Douglas Terrace
About This Property
Inside, you'll find vaulted ceilings, tons of natural light, and a relaxed beachy vibe that makes every day feel like vacation. In addition to the two bedrooms, there's a flexible bonus room-perfect as a guest sleeping area, home office, or cozy reading nook.
Enjoy the ease of main-level laundry and peace of mind with a roof that's only 6 months old!
Whether you're looking for a summer cottage or a full-time residence, this inviting home offers comfort, charm, and proximity to all the lake life fun.
Don't miss your chance to own a slice of Michigan lake country!
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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 |
|---|---|---|---|
| Sep 3, 2025 | Sold | ||
| Sold | |||
| Jul 28, 2025 | In contract | - | |
| In contract | |||
| Jul 19, 2025 | Price Decreased |
$295,000
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Jun 19, 2025 | Relisted | $310,000 | |
| Relisted | |||
| Jun 2, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017