$142,500
●
House -
Off Market
244 Lake Hills Drive
Concord, MI 49237
3 Beds
2 Baths
2,450 Ft²
$322,704
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model
About This Property
Lake Front Living Without The Dirve North On All Sports Swains
Lake. 1 1/2 Miles To Village Limits And Less Than 1 Mile To One Of
Thecounty's Finest And Wll Groomed 18 Hole Golf Courses With Pro
Shop. Close To Schools And Churches. Moslty Newer Mechanicals. As
Well As Kitchen, Roof And Windows Come With This 3 Bedroom, 2 Bath
Home On Walk-out With Wood Burning Fireplace., Rec Room: Finished
Unit Size
2,450 Ft²
Days on Market
-
Land Size
-
Price per sqft
$61
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1968
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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 #23096586)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2023 | Sold | ||
| Sold | |||
| Mar 16, 2023 | Listed by EXIT REALTY 1ST LLC | $259,900 | |
| Listed by EXIT REALTY 1ST LLC | |||
| | |||
|
Welcome to your New Lake home on all sports Swains lake! This seller has maintained this home very well. It offers an open floor plan on both levels with very roomy three bedrooms and a bath. Enjoy cooking in a kitchen with the view down to the dock. Welcome your friends for a summer evening, or your relaxing mornings on the newer deck and the lower walkout level features a fireplace, a bonus 4th room that could be your new office or play room. One car attached garage, and shared stairs on the side of the house heading towards the lake. Schedule a showing today and come check it out!
| |||
| May 11, 2018 | Sold | ||
| Sold | |||
| Dec 27, 2017 | Listed by ERA REARDON REALTY, L.L.C. | $189,900 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
| | |||
|
Welcome home to lake living. Located on all sports Swains Lake in Jackson County's SW corner you're a short golf cart ride to one of the areas more desirable Concord Hill's Golf Course. Pack your bags & move into this well maintained year round home, featuring, 3+ bedrooms, 2 full baths and plenty of room for overnight guests in the finished basement. Neat as a pin interior & freshly painted exterior makes this home turn key ready. Full appliance package including washer & dryer are included. Schedule your private tour soon and you'll be entertaining guests on the deck over looking the beautiful view of the lake before summers end.
| |||
| Jul 13, 2017 | Listed by Susan B Fitzpatrick Real Estate LLC | $209,000 | |
| Listed by Susan B Fitzpatrick Real Estate LLC | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Jackson
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Listed by: Susan B Fitzpatrick, Susan B Fitzpatrick Real Estate LLC
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23096586
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# 23096586
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