7200 N Waldron Road
About This Property
Located in NE Hillsdale County for an easy commute in either direction, this 2.2 acres is scenic and expansive. 3 bedroom, 2 bathroom, and a large living room with plenty of natural light. Basement has space to finish for a small office or work shop and storage, and walks out to the 2 car garage. Furnace, water softener, and electrical panel are 2 yrs old as well as the water heater and whole house generator and chair lift. Floor to ceiling built ins in the master bedroom! Septic was pumped 2 yrs ago and has a dual drain field and riser. Immediate possession, appliances included!
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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%.
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Apr 13, 2026 | Listed by Christie Plemmons Realty | $215,000 | |
| Listed by Christie Plemmons Realty | |||
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Last Updated: 6 months ago
Data Source: MichRIC, MLS# 26015058
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017