46
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4585 S Onondaga Road
About This Property
The interior offers a bright, open layout with plenty of natural light and the added convenience of first-floor laundry. The kitchen provides ample cabinet space and functionality for everyday living. Enjoy outdoor living with a large back deck ideal for entertaining, along with a smaller front deck perfect for relaxing. The property also includes a spacious 60x30 pole barn with a recently treated roof, offering excellent storage, workshop, stalls for horses, and a loft. Ideally located just minutes from I-94 and US-127, approximately one mile from Baldwin Park, and centrally positioned between Jackson and Lansing. This property offers the space and versatility of country living while remaining close to local amenities.
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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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Listed by Five Star Real Estate | $260,000 | |
| Listed by Five Star Real Estate | |||
| Jul 27, 2022 | Sold | ||
| Sold | |||
| May 27, 2022 | Listed by Five Star Real Estate | $229,900 | |
| Listed by Five Star Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017