$515,000
●
House -
Off Market
20294 Colony Bay Drive
Cassopolis, MI 49031
3 Beds
2 Baths
1,800 Ft²
$1,049,261
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model
About This Property
Lake Living Just Got Better! Perfect Lake house - low
maintenance... ready for summer fun! Updated Kitchen /Baths with
Granite Counters and fixtures. Ageless Diamond Lake home, with 52' frontage, home provides a great place to enjoy lakefront living.
The 3 Seasons room is the focal point of this home with its glass
walls and comfortable living space. Distinctive setting with
amazing lake views, mature plantings, lakeside deck PLUS large 30 x
60 pole barn, detached 2 car garage plus deep lot, make this
special. Now add 3 bedrooms, 2 baths, 1800 SF Living space,
spectacular family room, spacious kitchen all on one level with no
blufs or stairs to the water and you truly have a home for all
seasons - come make it your own.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$299
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
-
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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 #13027835)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2024 | No longer available | - | |
| No longer available | |||
| Feb 26, 2024 | Listed by Re/Max Elite Group | $959,900 | |
| Listed by Re/Max Elite Group | |||
| | |||
|
Diamond Lake-crystal blue water, sandy bottom. One of SW Michigan's finest, inland, all sports lakes. This home is move in ready! Nestled in on a large lot, this maintenance free, 3 BR, 2 bath ranch has 52 feet of lake level, sandy shoreline. Comfortable and updated, with 1800 sq ft of living space and an open concept floor plan. Bamboo flooring, spacious kitchen with granite counter tops and modern appliances. Step into the 3 season room, just off of the living room and enjoy the tranquil lake views. 30 X 60 pole barn to store your water toys and also a 2 car detached garage. Aluminum dock included and most furnishings are available too. 2 hours from downtown Chicago. Call today for your private showing! The manager has listed the unit size as 1800 square feet.
| |||
| Feb 6, 2018 | Sold | ||
| Sold | |||
| Feb 10, 2017 | Listed by Chris Crawford Ltd. | $550,000 | |
| Listed by Chris Crawford Ltd. | |||
| Oct 1, 2013 | Sold | ||
| Sold | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cass
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Listed by: Mark Wortman, Chris Crawford Ltd.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 13027835
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# 13027835
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