5580 S M-52
About This Property
Outside, the property includes an attached 2-car garage with an additional parking space behind, a large pole barn with potential living quarters upstairs, multiple storage sheds, and the option for an additional 1-car garage near the pole barn.
With so many possibilities, this property is a rare opportunity to create the lifestyle you've been looking for. Don't miss your chance to see 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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Aug 29, 2025 | Listed by The Charles Reinhart Company | $235,000 | |
| Listed by The Charles Reinhart Company | |||
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Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25044231
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017