$101,000
●
House -
Off Market
5151 Post Office
Brooklyn, MI 49230
1 Bed
1 Bath
900 Ft²
$641
Est. Monthly
13.98%
Cap Rate
About This Property
Owner Financing Available. This beautiful lake and dock access home
features an open concept kitchen and living space with loft style
bedrooms on the second level. The hilltop setting offers
spectacular views of nature and seasonal views of private all
sports Sweezey Lake. The property also includes deeded dock space
and exclusive access to a private lakefront park, with additional
kayak storage and a boat launch. Secluded back yard. State Hunting
Land / Sharonville State Game Area is also within walking distance.
On demand water heater. 1,000 gallon holding tank and rain fed
water service. The ice fishing is great as well! Golf carts are
permitted on lake access lot. Furniture is included in sale. Seller
is open to a LAND CONTRACT.
Unit Size
900 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$133
Property Type
House
Property Taxes
$51
HOA Dues
-
Year Built
1950
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (MichRIC MLS #24002627)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2024 | No longer available | - | |
| No longer available | |||
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | In contract | - | |
| In contract | |||
| Jan 11, 2024 | Listed by ERA Reardon Realty | $120,000 | |
| Listed by ERA Reardon Realty | |||
| | |||
|
Owner Financing Available. This beautiful lake and dock access home features an open concept kitchen and living space with loft style bedrooms on the second level. The hilltop setting offers spectacular views of nature and seasonal views of private all sports Sweezey Lake. The property also includes deeded dock space and exclusive access to a private lakefront park, with additional kayak storage and a boat launch. Secluded back yard. State Hunting Land / Sharonville State Game Area is also within walking distance. On demand water heater. 1,000 gallon holding tank and rain fed water service. The ice fishing is great as well! Golf carts are permitted on lake access lot. Furniture is included in sale. Seller is open to a LAND CONTRACT. The manager has listed the unit size as 900 square feet.
| |||
| Sep 11, 2023 | Listed by ERA REARDON - BROOKLYN | $120,000 | |
| Listed by ERA REARDON - BROOKLYN | |||
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Building Info
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About Jackson
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Listed by: Jason Aldrich, ERA REARDON - BROOKLYN
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24002627
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24002627
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