$115,000
●
Land -
Off Market
118 Grand Boulevard
Benton Harbor, MI 49022
Studio
0 Bath
$320,815
RealtyHop Estimate
114.02%
Since Feb 1, 2013
National-US
Primary Model
About This Property
Fairway Lot on Jack Nicklaus Signature Golf Course. Located in
Classic Beach Community on the shoreline of Lake Michigan. A
peaceful oasis with easy water access and the serenity of green
space w/dune grasses and wildflowers. Close to all the amenities of
St. Joseph and Harbor Shores.
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$318
HOA Dues
-
Year Built
2010
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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 #12015318)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 30, 2018 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $675,000 | |
| Listed | |||
| | |||
|
Pure Michigan resonates with this one of a kind custom home that sits on the new Jack Nicholas PGA golf course only steps to the beach with beautiful lake views. Listen to the crashing waves, play a round of golf in your own backyard, or take a leisurely stroll on the beach. This home really has it all in a premier location. The home has 4 Bedrooms (3 master suites) with 3.5 Bathrooms & multiple living spaces. Ship lap wall texturing throughout, tiled showers, custom cabinets with quartz c-top& open shelving. High end SS appliances, decks off all 3 levels on the front & back of the home, built in fire pit on main deck with natural gas ran to it and the grill, metal roof, barnwood flooring & much more. Downtown St. Joseph and Benton Harbor are both about 1 mile. Listing agent is Owner The manager has listed the unit size as 2446 square feet.
| |||
| Mar 26, 2016 | Listed by Green Towne Coastal Realty | $665,000 | |
| Listed by Green Towne Coastal Realty | |||
| | |||
|
Pure Michigan resonates with this one of a kind custom home that sits on the new Jack Nicholas PGA golf course only steps to the beach. Listen to the crashing waves, play a round of golf in your own backyard, or take a leisurely stroll on the beach. This home really has it all in a premier location. The home has 4 Bedrooms (3 master suites) with 3.5 Bathrooms & multiple living spaces. Ship lap wall texturing throughout, tiled showers, custom cabinets with quartz c-top & open shelving. High end SS appliances, decks off all 3 levels on the front & back of the home, built in fire pit on main deck with natural gas ran to it and the grill, metal roof, barnwood flooring & much more. Downtown St. Joseph and Benton Harbor are both about 1 mile. Listing agent is Owner
| |||
| Jan 18, 2013 | Sold | ||
| Sold | |||
| Mar 22, 2012 | Listed by Ship Street Realty | $149,900 | |
| Listed by Ship Street Realty | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Benton Harbor
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Listed by: Charles Ammeson, Ship Street Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 12015318
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: 3 years ago
Data Source: MichRIC, MLS# 12015318
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