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Lenawee 49230
102 White Lake Drive
$270,000
● House - Off Market

102 White Lake Drive

Brooklyn, MI 49230
bedrooms
2 Beds
bathrooms
1 Bath
square feet
962 Ft²
$1,716
Est. Monthly
4.08%
Cap Rate

About This Property

Lakefront Year Round Home/Cottage. Peaceful & tranquil setting with clean & clear water. Great kayaking, fishing, swimming & sailing. No motorboats allowed. Darling Ranch with a mid-century modern feel. Open floorplan with cathedral ceilings, skylights & fireplace. Brick and wood finishes. Large enclosed 3 season porch adds an additional 220+ SqFt to the almost 1000 SqFt! New updates all made in 2022-23 such as New house metal roof, new skylights in the bedrooms and living, new water well and water softener, Whole house plumbing, backup power (manual transfer switch, backup power and generator), camera system, wireless thermostat. Seller Financing available, subject to seller review of buyer credit history. Nice lot with good parking.
Unit Size
962 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$286
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (MichRIC MLS #24014388)

Price History

Date / Event Date Event Price
Aug 16, 2024 Sold
Premium
Sold
Jul 18, 2024 In contract -
In contract
Jun 7, 2024 Price Decreased $274,900
↓ $15K (5.2%)
Price Decreased
Mar 26, 2024 Listed by RE/MAX IRISH HILLS REALTY $290,000
Listed by RE/MAX IRISH HILLS REALTY
Nov 3, 2021 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 529
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Frontage Feet: 300
  • Total Building Area: 962
  • Building Area: 962
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 962
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHITE LAKE HEIGHTS
  • Land Acres: 0000000200
  • Standard Land Use Code: 1000
  • County Land Use Code: 408
  • Legal Description 1: LOT 2 WHITE LAKE HEIGHTS.

Neighborhood

  • School District Name: Onsted Community Schools
  • School Tax School District: SCH: 46110
  • Census Tract: 060302

Zoning

  • Zoning: RE

Geography

  • District: CA0
  • Parcel: CA0-735-0020-00
  • Lot: 2
  • Municipality: CAMBRIDGE TWP
  • Latitude: 42.0515
  • Longitude: -84.2169

    Address

  • Full Address: 102 White Lake Dr
  • Address - House Number: 102
  • Address - Street Name: White Lake
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Brooklyn
  • Carrier Code: R007
  • 4-Digit Zip Code: 9046
  • Zip Code: 49230

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $346,927

    Appraisal Valuation

  • Standard Deviation: 0.2475
  • Valuation Date: Jul 14, 2022
  • Confidence Score: 65
  • Final Value: 201,335
  • High Value: 251,167
  • Low Value: 151,503

    Market Valuation

  • Market Total Value: $181,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,500

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 07, 1998
  • Previous Sale Contract Date: Aug 07, 1998
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: 27
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 Lenawee

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1989 ft²

Average Home Age

67.8 years

Currently For Sale

86 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

Rentals Near You

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MichRIC

Listed by: Mark Riggle, RE/MAX IRISH HILLS REALTY
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24014388
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 102 White Lake Drive built and last sold?
The property at 102 White Lake Drive was built in 1960 and last sold on Oct 28, 2021 for $242,500.
How much is this home worth?
The estimated value of the home located at 102 White Lake Drive is $0.
What are some comparable homes to 102 White Lake Drive?
There are currently no comparable homes to 102 White Lake Drive.
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