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Douglas 49406
3060 Park Drive
Photo of 3060 Park Drive

10

Map

Photo of 3060 Park Drive
Photo of 3060 Park Drive
$325,000
● House - Off Market

3060 Park Drive

Douglas, MI 49406
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$2,313
Est. Monthly
$8
HOA / Fees

About This Property

Relax and enjoy this wonderful home just a short walk to Lake Michigan. This home features stainless appliances and wood floors in the kitchen. The great room has a cozy fireplace that opens onto the front porch, a convenient main floor master with guest rooms upstairs. This home has a wonderful rental history. Nicely maintained inside and out. The outside is enhanced with wonderful landscaping all around with a drip system for easy maintenance when you're away. Key to private stairs leading to Lake Michigan.
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$241
Property Type
House
Property Taxes
$708
HOA Dues
$8
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago (MichRIC MLS #2908461)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold
Premium
Sold
Jun 18, 2020 Sold
Premium
Sold
May 4, 2020 Listed by Jaqua Realtors $391,500
Listed by Jaqua Realtors
Nov 3, 2010 Sold
Premium
Sold
Mar 9, 2009 Listed by Jaqua Realtors $325,000
Listed by Jaqua Realtors

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,629
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,215
  • Building Area: 1,215
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,215
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FELKERS LAKE SHORE
  • Land Acres: 0000000244
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 152 TO 154 INC FELKER'S LAKE SHORE SUBDIVISION SEC 17 T3N R16W (97)

Neighborhood

  • School District Name: Saugatuck Public Schools
  • School Tax School District: SAUGATUCK
  • Census Tract: 030801

Zoning

  • Zoning: R-3 NBHD C

Geography

  • District: 59
  • Parcel: 59-210-054-00
  • Lot: 152-154
  • Meridian: SEC 17 TWN 03N RNG 16W
  • Municipality: DOUGLAS CITY
  • Latitude: 42.6404
  • Longitude: -86.2221

    Address

  • Full Address: 3060 Park Dr
  • Address - House Number: 3060
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Douglas
  • Carrier Code: R777
  • 4-Digit Zip Code: 5143
  • Zip Code: 49406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,188,770
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 690,293
  • High Value: 831,408
  • Low Value: 549,179

    Market Valuation

  • Market Total Value: $451,200
  • Market Land Value: $110,000
  • Market Improvement Value: $341,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,600
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $170,600

    Sales

  • Current Sale Contract Date: Dec 18, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18980
  • Previous Sale Recording Date: Jun 18, 2020
  • Previous Sale Contract Date: Jun 12, 2020
  • Previous Sale Amount: $375,000
  • 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 Douglas

Stats & Trends

Median Asking:

$744,000

Sale Price/ft²

$385

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2243 ft²

Average Home Age

48 years

Currently For Sale

21 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 8 W Center Street, Douglas, MI, 49406

$1,600 /mo

  • 1 Bed
  • 1 Bath
  • 4,878 ft²
8 W Center Street #A, Douglas, MI, 49406 Listing by Molly Rettig

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Kimberly M Walker, Jaqua Realtors
Last Updated: 3 months ago
Data Source: MichRIC, MLS# 2908461
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 3060 Park Drive built and last sold?
The property at 3060 Park Drive was built in 2002 and last sold on Dec 18, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 3060 Park Drive is $395,029.
What are some comparable homes to 3060 Park Drive?
There are currently no comparable homes to 3060 Park Drive.
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