552 4th Street
About This Property
Newly renovated 2-bedroom home with an additional 1/2 room that can be used as an office, nursery, hobby room, or storage space. Situated on approximately one-half acre, this property has a peaceful country setting 4-5 miles outside Plainwell city limits within the Plainwell School District.
Recent updates include a new furnace, new water well, and extensive interior renovations. The mature shade surrounding the home helps keep it comfortable during the summer months. A detached garage with a built-in workbench provides additional storage and workspace.
Located at the end of a quiet dead-end road, this property has privacy and limited traffic while remaining convenient ly close to shopping, schools, and local amenities.
The recent renovations, along with the new furnace and new water well, add to the home's updated, move-in-ready condition.
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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 |
|---|---|---|---|
| Nov 6, 2026 | Listed by Beycome Brokerage Realty LLC | $259,000 | |
| Listed by Beycome Brokerage Realty LLC | |||
| Jul 18, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017