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Bridgman 49106
10048 Weko Drive
$635,000
● House - Off Market

10048 Weko Drive

Bridgman, MI 49106
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,094 Ft²
$3,877
Est. Monthly
$225
HOA / Fees
1.32%
Cap Rate

About This Property

Lovely WEKO DUNES gem situated in the treetops/ Dunes of Bridgman within 1/2 mile to the edge of Lake Michigan waters.

COMMUNITY POOL and Tennis courts within 2 blocks in private location.

This home was designed for entertaining. Decking and windows galore bringing nature inside with its natural light.

Main floor has a kitchen with an island, main floor laundry, dining, Livingroom with fireplace, that leads out to a screened porch. Upper level has 3 bedrooms 2 baths. Master leads out to a balcony. Lower walkout level has a large rec area with fireplace, bath, plenty of storage. This home is ready for its new owner to create their own memories and putting their own finishing touches to make your own!! Make your appt today, you will be glad you did!!
Unit Size
3,094 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$210
Property Type
House
Property Taxes
$460
HOA Dues
$225
Year Built
1991

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (MichRIC MLS #23137461)

Price History

Date / Event Date Event Price
Mar 28, 2024 Sold
Premium
Sold
Oct 8, 2023 Listed by @properties Christie's International R.E. $650,000
Listed by @properties Christie's International R.E.
May 24, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,300
  • Garage Type: 7
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,460
  • Building Area: 2,460
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,460
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEKO DUNES CONDOMINIUM
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: UNIT 50 WEKO DUNES EIGHTH AMENDMENT LIBER 57 PAGE 212

Neighborhood

  • School District Name: Bridgman Public Schools
  • School Tax School District: BRIDGMAN
  • Census Tract: 011101

Zoning

  • Zoning: RL

Geography

  • Assessors Map Reference: 024-2
  • District: 56
  • Parcel: 56-8108-0050-00-4
  • Municipality: BRIDGMAN CITY
  • Latitude: 41.937
  • Longitude: -86.5743

    Address

  • Full Address: 10048 Weko Dr
  • Legal Unit: 50
  • Address - House Number: 10048
  • Address - Street Name: Weko
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Bridgman
  • Carrier Code: R031
  • 4-Digit Zip Code: 9310
  • Zip Code: 49106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $552,337

    Appraisal Valuation

  • Standard Deviation: 0.1033
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 90
  • Final Value: 628,801
  • High Value: 693,804
  • Low Value: 563,798

    Market Valuation

  • Market Total Value: $474,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 19, 2005
  • Current Sale Recording Date: May 24, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 16, 2003
  • Previous Sale Contract Date: Jun 30, 2003
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bridgman

Stats & Trends

Median Asking:

$269,950

Sale Price/ft²

$205

Below Asking

0.03%

Average Days on Market

50

Average Home Size

2234 ft²

Average Home Age

48.7 years

Currently For Sale

6 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Tammy Stelling, @properties Christie's International R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23137461
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 10048 Weko Drive built and last sold?
The property at 10048 Weko Drive was built in 1991 and last sold on May 19, 2005 for $415,000.
How much is this home worth?
The estimated value of the home located at 10048 Weko Drive is $0.
What are some comparable homes to 10048 Weko Drive?
There are currently no comparable homes to 10048 Weko Drive.
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