$510,000
●
House -
Off Market
11271 Riviera Drive
New Buffalo, MI 49117
3 Beds
2 Baths
1,220 Ft²
$1,028,637
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model
About This Property
Very Unique opportunity to own 4 + lot's between Lake Michigan and
the Galien River wetlands in the Riviera association of New
Buffalo.
Original Vintage cottage, connected to public water, with 3 bedrooms and 2 full baths. Detached garage with studio space. Privacy, view of the wetlands and 1/2 block to private beach access. Spacious open side yard that is a perfect building site if you prefer. 10' of property extends to Marquette Dr.
Original Vintage cottage, connected to public water, with 3 bedrooms and 2 full baths. Detached garage with studio space. Privacy, view of the wetlands and 1/2 block to private beach access. Spacious open side yard that is a perfect building site if you prefer. 10' of property extends to Marquette Dr.
Unit Size
1,220 Ft²
Days on Market
164 days
Land Size
0.65 acres
Price per sqft
$466
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
2015
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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 #14062021)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2021 | Sold | ||
| Sold | |||
| Aug 2, 2021 | Listed by Coldwell Banker Realty | $3,499,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Spectacular 6br/6.5ba custom beach home with 18x36 gunite pool and 3br/2ba guest house with private deeded beach access a half block away! This breathtaking home was built in 2017 and is thoughtfully designed for luxurious casual living. The spacious, light-filled great room/dining area overlooks the yard and pool, and opens to a cook's kitchen with a large island, custom butler's pantry and breakfast nook that leads to the screen porch w/fireplace. Primary suite has elegantly-appointed bath with exquisite custom tile work. Each bedroom has en suite bath; second family room is ideal for overflow entertaining. Garage offers EV charging port. Guest house has full kitchen and pool views. Mature landscaping creates park-like setting with raised beds to grow your own veggies. Wow! A must-see!
| |||
| Apr 24, 2015 | Sold | ||
| Sold | |||
| Nov 10, 2014 | Listed by Carol Brychta & Co. R.E. | $569,000 | |
| Listed by Carol Brychta & Co. R.E. | |||
| Apr 25, 2010 | Listed by Ruth Realtors P.C. | $659,000 | |
| Listed by Ruth Realtors P.C. | |||
| | |||
|
Own private estate type secluded property. Surrounded by wonderful shrub bushes & additional ground cover. Vintage cottage built in early 1900's. Two buildable lots / Absolutely fabulously private .67 or acre between Lake Michigan-Wetlands & Galien River.
| |||
Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Berrien
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Listed by: Timothy D Brychta, Carol Brychta & Co. R.E.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 14062021
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.
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 14062021
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