$450,000
●
House -
Off Market
1601 Echo Valley Drive
Niles, MI 49120
6 Beds
6 Baths,
1
Half Bath
5,870 Ft²
$752,683
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
You did it! Your search is over. You have found the home that you,
your friends and family all dream of. Walk through the front door
and be whisked into your personal paradise complete with not one
but two spiral staircases. You will start with a view of the open
concept family room, dining room, music room and kitchen. In
this home you find 5 suites as well as one additional bedroom. Each
suit complete with a standing shower and a separate tub. Just a
walk down your beautiful staircase away is your personal hot tub
and sauna room. In addition from almost every room in the house
boasts an amazing water view. The only thing between you and that
amazing water is your pool, complete with a water slide.
Unit Size
5,870 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$81
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1966
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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: 3 years ago (MichRIC MLS #17017909)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $474,500 | |
| Listed | |||
| | |||
|
You did it! Your search is over. You have found the home that you, your friends and family all dream of. Walk through the front door and be whisked into your personal paradise complete with not one but two spiral staircases. You will start with a view of the open concept family room, dining room, music room and kitchen. In this home you find 5 suites as well as one additional bedroom. Each suit complete with a standing shower and a separate tub. Just a walk down your beautiful staircase away isyour personal hot tub and sauna room. In addition from almost every room in the house boasts an amazing water view. The only thing between you and that amazing water is your pool, complete with a water slide.If you are ready to see your personal paradise give Scott a call today at 269.363.9743. The manager has listed the unit size as 5870 square feet.
| |||
| Apr 25, 2017 | Listed by McLauchlin Realty, Inc. | $474,500 | |
| Listed by McLauchlin Realty, Inc. | |||
| Jun 3, 1994 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Berrien
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Listed by: Scott McLauchlin, McLauchlin Realty, Inc.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 17017909
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# 17017909
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