7970 Riverside Road
About This Property
Several items available/negotiable such as Kubota B7500HSD Diesel Lawn Tractor (with new battery and radiator) with front end loader, back blade, seed/fertilizer spreader, and tined rake. Also, a 14' Lund boat and trailer with a 15hp Honda O/B, an 11' aluminum boat, portable basketball hoop, and much much more, so please ask if you see somethiong that interests you. Mere minutes to all the fun, recreational opportunities, and services that Clarklake, Brooklyn and all of the Irish Hills has to offer and just a little farther to Jackson, Adrian, Tecumseh, Chelsea or even Ann Arbor. Best act quickly though!
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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