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St. Joseph 49093
10409 Lucas Road
$300,000
● House - Off Market

10409 Lucas Road

Three Rivers, MI 49093
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,415 Ft²
$2,169
Est. Monthly
2.23%
Cap Rate

About This Property

Spend your summers soaking up the beauty of magnificent Long Lake in this charming waterfront cottage! This cozy two-bedroom, one-bath retreat offers stunning natural light and breathtaking views. With a sandy beach and fantastic frontage, you'll enjoy swimming, boating, and relaxing by the water's edge. The walkout level adds extra potential for lakeside living, and this home offers endless possibilities for future growth and expansion. Don't miss out on this rare lakefront gem! Home is being sold as is. Also includes tax ID # 75-004-007-030-00.
Unit Size
1,415 Ft²
Days on Market
85 days
Land Size
0.19 acres
Price per sqft
$247
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
-

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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: 2 years ago (MichRIC MLS #25012671)

Price History

Date / Event Date Event Price
Jun 25, 2025 Sold
Premium
Sold
Jun 24, 2025 In contract -
In contract
Apr 1, 2025 Listed by Century 21 Affiliated $349,900
Listed by Century 21 Affiliated
Nov 2, 2024 No longer available -
No longer available
Sep 26, 2024 Listed by Gardner Realty, LLC $375,000
Listed by Gardner Realty, LLC
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 576
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 670
  • Total Building Area: 576
  • Building Area: 576
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 576
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: COM IN C/L OF CO RD ON NWSI DE LONG LAKE 395.7 FT SWLY FROM WHERE SD C/L CROSSES N & S 1/4 LN SEC 7 T6S R12W TH S 55D 22M W 1

Neighborhood

  • School District Name: Three Rivers Community Schools
  • School Tax School District: THREE RIVERS
  • Census Tract: 041102

Zoning

  • Zoning: LR

Geography

  • District: 004
  • Parcel: 004-007-030-01
  • Meridian: SEC 07 TWN 06S RNG 12W
  • Municipality: FABIUS TOWNSHIP
  • Latitude: 41.9599
  • Longitude: -85.7526

    Address

  • Full Address: 10409 Lucas Rd
  • Address - House Number: 10409
  • Address - Street Name: Lucas
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: R003
  • 4-Digit Zip Code: 8525
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $101,173

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 310,651
  • High Value: 376,031
  • Low Value: 245,270

    Market Valuation

  • Market Total Value: $232,200
  • Market Land Value: $85,400
  • Market Improvement Value: $146,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,100
  • Assessed Land Value: $42,700
  • Assessed Improvements Value: $73,400

    Sales

  • Current Sale Contract Date: Aug 15, 2017
  • Current Sale Recording Date: Sep 01, 2017
  • Current Sale Price:
    Premium
  • Current 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 St. Joseph

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$153

Above Asking

0.00%

Average Days on Market

58

Average Home Size

2070 ft²

Average Home Age

73.8 years

Currently For Sale

147 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

Unit for rent at 10139 Lucas Road, Three Rivers, MI, 49093

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 1,296 ft²
10139 Lucas Road, Three Rivers, MI, 49093 Listing by Lindsay Flyn Flynn

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Crystal Heivilin, Century 21 Affiliated
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25012671
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 10409 Lucas Road built and last sold?
The property at 10409 Lucas Road was built in and last sold on Aug 15, 2017 for $209,900.
How much is this home worth?
The estimated value of the home located at 10409 Lucas Road is $0.
What are some comparable homes to 10409 Lucas Road?
There are currently no comparable homes to 10409 Lucas Road.
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