490 Kelley Road
About This Property
Surrounded on all sides by large agricultural fields, this property acts as a natural sanctuary providing ideal bedding areas, reliable travel corridors and consistent food sources nearby. The result? Excellent trophy potential year after year. Known in the area for producing quality whitetail bucks, this tract offers the seclusion, structure and diversity serious hunters look for in a prime Michigan deer property. If you're looking for a property where mature bucks feel safe, this is it.
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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 |
|---|---|---|---|
| Aug 27, 2026 | Price Decreased |
$269,800
↓ $100
(0%) | |
| Price Decreased | |||
| Dec 9, 2025 | Listed by CENTURY 21 Affiliated | $269,900 | |
| Listed by CENTURY 21 Affiliated | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017