VL County Road 665
About This Property
With roughly 350 feet of total road frontage, the corner configuration provides excellent access and visibility from multiple directions. The land is generally flat and open, creating a straightforward footprint across the property.
A creek meanders through the western portion of the parcel, extending from School Section Lake and adding a natural element to the landscape. This feature introduces opportunities for outdoor enjoyment and simple recreational use within the property.
The overall layout allows for flexibility in how the space can be approached, while the surrounding area reflects a mix of open land and rural residential use. Electric is available at the road for future connection.
The property benefits from convenient access to nearby communities, local amenities, and easy access to South Haven and the Kalamazoo area.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2026 | Relisted | $39,900 | |
| Relisted | |||
| Aug 9, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by CENTURY 21 C. Howard | $39,900 | |
| Listed by CENTURY 21 C. Howard | |||
| Apr 23, 2021 | Sold | ||
| Sold | |||
| Jan 30, 2021 | Listed by Gale Realty, LLC | $24,900 | |
| Listed by Gale Realty, LLC | |||
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1.2 acre rolling building site now available in Paw Paw. Great location north of Paw Paw with easy access to M-43. Close to breweries, snowmobile trail and several inland lakes. Within half mile of public access to School Section Lake. A great place to build your dream home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017