48316 County Road 384
About This Property
Enjoy your private water frontage on 70 acre, Lake 14, with public access for boating.
Located 15 minutes from Lake Michigan and charming resort towns.
This property is an estate and is selling in as is condition.
Recent updates include:
Some New flooring
Newer roof
Well
Kitchen appliances
Whole house generator
New furnace and central air in 2025
Whether your seeking a full time residence or weekend retreat, this one of a kind property offers the peace, space and adventure you have been looking for.
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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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Price Decreased |
$499,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Mar 9, 2026 | Listed by Five Star Real Estate | $519,000 | |
| Listed by Five Star Real Estate | |||
| Dec 10, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017