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Lake Michigan Beach 49038
2475 Maple Avenue
$267,500
● House - Off Market

2475 Maple Avenue

Coloma, MI 49038
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,615 Ft²
$417,705
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Absolutely charming! Beach cottage on large lot with 3 bedrooms and 1 bath, and Lake Michigan beach access at the end of the street.  This affordable home may be exactly what you have been searching for!  It features an updated kitchen and bath while retaining the quaint character and coziness of yesteryear.  Large living room with fireplace is perfect for gathering after a day at the beach.  Enclosed back porch offers additional seating, and laundry.  Large lot is perfect for cookouts, volleyball and family gatherings and features a fire pit and patio area.  Cottage has a great rental history. Come see!
Unit Size
1,615 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$176
Property Type
House
Property Taxes
$120
HOA Dues
-
Year Built
1928

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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 #19030735)

Price History

Date / Event Date Event Price
Sep 23, 2019 Sold
Premium
Sold
Jul 2, 2019 Listed by Realty Executives Instant Equity $285,000
Listed by Realty Executives Instant Equity

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,024
  • Garage Type: 7
  • Garage Square Area: 816
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,464
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,704
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARNE S POTTAWATTAMIE PARK RESORT
  • Land Acres: 0000000492
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: THE S1/2 OF LOTS 1 2 & 3 BLK 1 BARNES' POTTAWATTAMIE PARK RESORT

Neighborhood

  • School District Name: Coloma Community Schools
  • School Tax School District: COLOMA
  • Census Tract: 010100

Zoning

  • Zoning: R2 S/F

Geography

  • Assessors Map Reference: 021-2
  • District: 10
  • Parcel: 10-0800-0001-01-5
  • Block: 1
  • Lot: 1-3
  • Municipality: HAGAR TWP
  • Latitude: 42.1966
  • Longitude: -86.3986

    Address

  • Full Address: 2475 Maple Ave
  • Address - House Number: 2475
  • Address - Street Name: Maple
  • Address - Suffix Type: Ave
  • State: MI
  • City Name: Coloma
  • Carrier Code: R002
  • 4-Digit Zip Code: 9459
  • Zip Code: 49038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $106,893
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.3113
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 37
  • Final Value: 309,195
  • High Value: 405,474
  • Low Value: 212,915

    Market Valuation

  • Market Total Value: $224,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 20, 2019
  • Current Sale Recording Date: Sep 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Sep 23, 2019
  • Previous Sale Amount: $267,500
  • 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 Lake Michigan Beach

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$170

Below Asking

0.02%

Average Days on Market

39

Average Home Size

2056 ft²

Average Home Age

55.7 years

Currently For Sale

6 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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Kimberly Webb, Realty Executives Instant Equity
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 19030735
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 2475 Maple Avenue built and last sold?
The property at 2475 Maple Avenue was built in 1928 and last sold on Sep 20, 2019 for $267,500.
How much is this home worth?
The estimated value of the home located at 2475 Maple Avenue is $293,018.
What are some comparable homes to 2475 Maple Avenue?
There are currently no comparable homes to 2475 Maple Avenue.
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