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Manitou Beach-Devils Lake 49253
1499 Round Lake Highway
$142,000
● House - Off Market

1499 Round Lake Highway

Manitou Beach, MI 49253
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,172 Ft²
$205,276
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
Unit Size
1,172 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$119
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1945

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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 #21050147)

Price History

Date / Event Date Event Price
Sep 6, 2019 Sold
Premium
Sold
Jul 11, 2019 Listed by HOWARD HANNA REAL ESTATE SERVI $140,000
Listed by HOWARD HANNA REAL ESTATE SERVI
Mar 11, 2008 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,172
  • Garage Type: 7
  • Garage Square Area: 540
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,186
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,172
  • Building Area: 1,172
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,172
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IMERSONS PLAT OF ADD
  • Land Acres: 0000000142
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 47 AND N 1/2 OF LOT 46 IMERSONS PLAT OF ADDITION TO GENEVA BEACH NO 1

Neighborhood

  • School District Name: Addison Community Schools
  • School Tax School District: SCH: 46020
  • Census Tract: 060402

Geography

  • District: RL0
  • Parcel: RL0-505-0470-00
  • Lot: 46-47
  • Municipality: ROLLIN TWP
  • Latitude: 41.966
  • Longitude: -84.2857

    Address

  • Full Address: 1499 Round Lake Hwy
  • Address - House Number: 1499
  • Address - Street Name: Round Lake
  • Address - Suffix Type: Hwy
  • State: MI
  • City Name: Manitou Beach
  • Carrier Code: R001
  • 4-Digit Zip Code: 9023
  • Zip Code: 49253

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $166,804

    Appraisal Valuation

  • Standard Deviation: 0.1078
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 89
  • Final Value: 267,747
  • High Value: 296,622
  • Low Value: 238,872

    Market Valuation

  • Market Total Value: $148,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Sep 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 11, 2008
  • Previous Sale Contract Date: Feb 11, 2008
  • Previous Sale Amount: $70,000
  • 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 Manitou Beach-Devils Lake

Stats & Trends

Median Asking:

$695,000

Sale Price/ft²

$331

Below Asking

0.06%

Average Days on Market

98

Average Home Size

1680 ft²

Average Home Age

58 years

Currently For Sale

1 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: HILLARY KNAPP, HOWARD HANNA REAL ESTATE SERVI
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21050147
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 1499 Round Lake Highway built and last sold?
The property at 1499 Round Lake Highway was built in 1945 and last sold on Aug 29, 2019 for $142,000.
How much is this home worth?
The estimated value of the home located at 1499 Round Lake Highway is $0.
What are some comparable homes to 1499 Round Lake Highway?
There are currently no comparable homes to 1499 Round Lake Highway.
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