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Hillsdale
11815 N Lake Side Drive
$387,900
● House - Off Market

11815 N Lake Side Drive

Jerome, MI 49249
bedrooms
4 Beds
bathrooms
4 Baths
square feet
1,786 Ft²
$2,292
Est. Monthly
$14
HOA / Fees
Unit Size
1,786 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$224
Property Type
House
Property Taxes
$313
HOA Dues
$14
Year Built
1999

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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: 9 months ago (MichRIC MLS #26006659)

Price History

Date / Event Date Event Price
Feb 13, 2026 Sold
Premium
Sold
Jan 21, 2026 In contract -
In contract
Jan 6, 2026 Listed by Beycome Brokerage Realty LLC $399,999
Listed by Beycome Brokerage Realty LLC
A beautiful home on a hilltop corner lot nestled between two private lakes, with a spacious master suite, modern kitchen, and cozy living room. Featuring a heated garage making it great year round living.
Mar 1, 2021 Sold
Premium
Sold
Dec 31, 2020 Listed by NON-MEMBER REALTOR 'LIST' $259,900
Listed by NON-MEMBER REALTOR 'LIST'
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,786
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,322
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 810
  • Total Building Area: 1,786
  • Gross Building Area: 1,786
  • Building Area: 1,786
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,786
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE LE ANN - GRAND
  • Land Acres: 0000000214
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 133 LAKE LE ANN - GRAND POINT

Neighborhood

  • School District Name: Addison Community Schools
  • Census Tract: 050102

Zoning

  • Zoning: RU1

Geography

  • District: 04
  • Parcel: 04-115-001-135
  • Lot: 133
  • Municipality: SOMERSET TWP
  • Latitude: 42.0611
  • Longitude: -84.4234

    Address

  • Full Address: 11815 N Lake Side Dr
  • Address - House Number: 11815
  • Street Direction: N
  • Address - Street Name: Lake Side
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Jerome
  • Carrier Code: R041
  • 4-Digit Zip Code: 9648
  • Zip Code: 49249

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $119,600

    Appraisal Valuation

  • Standard Deviation: 0.2607
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 62
  • Final Value: 343,305
  • High Value: 432,819
  • Low Value: 253,790

    Market Valuation

  • Market Total Value: $245,388
  • Market Land Value: $5,430
  • Market Improvement Value: $239,958

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,620

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 24, 1999
  • Previous Sale Contract Date: Jun 24, 1999
  • Previous Sale Amount: $6,500
  • 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 Hillsdale

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1895 ft²

Average Home Age

88.4 years

Currently For Sale

107 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 11939 Greenbriar Drive, Jerome, MI, 49249

$3,000 /mo

  • 3 Beds
  • 3 Baths
  • 2,400 ft²
11939 Greenbriar Drive, Jerome, MI, 49249 Listing by Mark Riggle

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: MichRIC Non-Member, NON-MEMBER REALTOR 'LIST'
Last Updated: 9 months ago
Data Source: MichRIC, MLS# 26006659
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 11815 North Lake Side Drive built and last sold?
The property at 11815 North Lake Side Drive was built in 1999 and last sold on Feb 26, 2021 for $259,900.
How much is this home worth?
The estimated value of the home located at 11815 North Lake Side Drive is $379,640.
What are some comparable homes to 11815 North Lake Side Drive?
There are currently no comparable homes to 11815 North Lake Side Drive.
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