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Barry 49348
186 Lakeview Drive
$239,900
● House - Off Market

186 Lakeview Drive

Wayland, MI 49348
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,044 Ft²
$383,482
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Attractive new home, JUST COMPLETED! Over 2,000 square feet house on a beautiful lot with deeded Cobb Lake access! Quality construction throughout including hardwood and ceramic floors, center island in kitchen, concrete kitchen counter-tops, solid surface bathroom counter-tops, 200 amp electric service, and high efficiency natural gas furnace and water heater. Spacious entry with closet. Cathedral ceiling in kitchen, dining, and living room areas. Two bedrooms and full bath on main level, another bedroom and full bath in lower level. Huge family room, convenient laundry room, and plenty of storage complete the lower level. This home is built well, even the garage is insulated. Mature trees, quiet street, plenty of room for outbuilding. Schedule showings and submit offers @ CrossBid.com
Unit Size
2,044 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$117
Property Type
House
Property Taxes
$40
HOA Dues
-
Year Built
2016

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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 #17013420)

Price History

Date / Event Date Event Price
Jun 23, 2020 Sold
Premium
Sold
Mar 17, 2020 Listed by Get Movin Realty $269,900
Listed by Get Movin Realty
Sep 1, 2017 Sold
Premium
Sold
Jul 14, 2017 Sold
Premium
Sold
Mar 31, 2017 Listed by Get Movin Realty $239,900
Listed by Get Movin Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 40
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 1,056
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,521
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,121
  • Building Area: 1,121
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,121
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLSONS SUB
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 24 OLSONS SUB

Neighborhood

  • School District Name: Wayland Union Schools
  • School Tax School District: WAYLAND UNION
  • Census Tract: 010404

Zoning

  • Zoning: RSF

Geography

  • District: 16
  • Parcel: 08-16-150-024-00
  • Lot: 24
  • Municipality: YANKEE SPRINGS
  • Latitude: 42.6508
  • Longitude: -85.5431

    Address

  • Full Address: 186 Lakeview Dr
  • Address - House Number: 186
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Wayland
  • Carrier Code: R003
  • 4-Digit Zip Code: 9342
  • Zip Code: 49348

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $378,465

    Appraisal Valuation

  • Standard Deviation: 0.2087
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 71
  • Final Value: 385,466
  • High Value: 465,938
  • Low Value: 304,994

    Market Valuation

  • Market Total Value: $287,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2020
  • Current Sale Recording Date: Jun 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-006264
  • Previous Sale Recording Date: Sep 01, 2017
  • Previous Sale Contract Date: Jul 14, 2017
  • Previous Sale Amount: $239,900
  • Previous Sale Document Type: 71
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 Barry

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$192

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1796 ft²

Average Home Age

62.1 years

Currently For Sale

134 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 1736 Parker Drive, Wayland, MI, 49348

$5,000 /mo

  • 5 Beds
  • 4 Baths
  • 2,400 ft²
1736 Parker Drive, Wayland, MI, 49348 Listing by Crystal M Kurr

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Victor P Kuiper, Get Movin Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 17013420
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 186 Lakeview Drive built and last sold?
The property at 186 Lakeview Drive was built in 2016 and last sold on Jun 15, 2020 for $281,000.
How much is this home worth?
The estimated value of the home located at 186 Lakeview Drive is $281,449.
What are some comparable homes to 186 Lakeview Drive?
There are currently no comparable homes to 186 Lakeview Drive.
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