5260 Keystone Road
About This Property
Located in Iosco County about 15 miles from East Tawas, this 2 bedroom 1 bath home sits back off the road on approximately 45 ac. The roof on the home and 2 car garage were recently replaced with metal. This fully wooded parcel has some access trails and established blinds as well as some natural openings that could be converted to food plots.
*Maps contained on our sites are there to simply depict the over all layout or shape of a given property and show what it looks like from an aerial view. These maps are neither a legally recorded map, or any type of a legal survey and should never be used as such. Also ''Acreage'' amounts are displayed as according to the information we have obtained through local government and are in no way guaranteed accurate
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017