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Watervliet 49098
322 Riverside Drive
$115,000
● House - Off Market

322 Riverside Drive

Watervliet, MI 49098
bedrooms
2 Beds
bathrooms
1 Bath
square feet
784 Ft²
$121,740
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Absolutely charming!  2 bed/1bath nicely updated home offered Fully Furnished in Watervliet.  This doll house features many improvements including:  new furnace, bath and kitchen updates, water heater, some new windows, flooring, washer, and new water main line.  Deep 303 sq ft lot.  1 car garage with carport, and covered patio with fenced in area in back.  2 outdoor Storage sheds.  Also includes a riding lawn mower and chain saw.  Come see!!!
Unit Size
784 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$147
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1950

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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 years ago (MichRIC MLS #23000345)

Price History

Date / Event Date Event Price
Feb 13, 2023 Sold
Premium
Sold
Jan 5, 2023 Listed by Realty Executives Instant Equity $115,000
Listed by Realty Executives Instant Equity
Jul 7, 1992 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 696
  • Garage Type: 7
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,994
  • Lot Size Depth Feet: 3,030
  • Lot Size Frontage Feet: 660
  • Total Building Area: 784
  • Building Area: 784
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 784
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOVELAND HOMEACRES
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 7 BLK 3 LOVELAND HOMEACRES CITY OF WATERVLIET ALSO 31'VAC ALLEY N OF SD LOT PER 1141/103

Neighborhood

  • School District Name: Watervliet School District
  • School Tax School District: WATERVLIET
  • Census Tract: 010300

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 022-2
  • District: 78
  • Parcel: 78-4700-0024-00-1
  • Block: 3
  • Lot: 7
  • Municipality: WATERVLIET CITY
  • Latitude: 42.1946
  • Longitude: -86.2629

    Address

  • Full Address: 322 Riverside Dr
  • Legal Unit: 7
  • Address - House Number: 322
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Watervliet
  • Carrier Code: R013
  • 4-Digit Zip Code: 8308
  • Zip Code: 49098

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $158,431

    Appraisal Valuation

  • Standard Deviation: 0.2755
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 60
  • Final Value: 148,075
  • High Value: 188,883
  • Low Value: 107,268

    Market Valuation

  • Market Total Value: $100,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 13, 2023
  • Current Sale Recording Date: Feb 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 372789
  • Previous Sale Recording Date: Jul 07, 1992
  • Previous Sale Contract Date: Jul 07, 1992
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
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 Watervliet

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$147

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1864 ft²

Average Home Age

43.8 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

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MichRIC

Listed by: Kimberly Webb, Realty Executives Instant Equity
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23000345
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 322 Riverside Drive built and last sold?
The property at 322 Riverside Drive was built in 1950 and last sold on Feb 13, 2023 for $115,000.
How much is this home worth?
The estimated value of the home located at 322 Riverside Drive is $0.
What are some comparable homes to 322 Riverside Drive?
There are currently no comparable homes to 322 Riverside Drive.
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