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Allegan 49453
3420 Maple Gate Drive
$425,560
● House - Off Market

3420 Maple Gate Drive

Saugatuck, MI 49453
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,244 Ft²
$2,630
Est. Monthly
$21
HOA / Fees
3.40%
Cap Rate

About This Property

SHORT TERM RENTAL FRIENDLY!!  Open concept living in this modern 3br/2.1ba...could be 3 full baths...ranch home w/huge daylight lower level! Tucked away in the woods, yet walking distance to all of what Saugatuck has to offer. Large & concealed deck w/access from the garage or main living area AND from the owner's suite which features a tray ceiling, cavernous walk-in closet, & bath. Daylight lower level opens to a bright & humungous family/entertaining area, a plethora of storage spaces, an additional bedroom & full bath. Attached 2-car garage with extra space for toys and storage, a central vac system and a very large main bath are just a few of the features of this fine home. Literally moments away from Saugatuck, Douglas, Lake Michigan beaches, & all that the area has to offer. All this with low low township tax
Unit Size
2,244 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
House
Property Taxes
$400
HOA Dues
$21
Year Built
2004

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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 (MRED MLS #11918493)

Price History

Date / Event Date Event Price
Jan 22, 2024 Sold
Premium
Sold
Oct 27, 2023 Listed by @properties Christie's International Real Estate $449,900
Listed by @properties Christie's International Real Estate
Oct 24, 2023 No longer available -
No longer available
Oct 5, 2023 Price Decreased $499,000
↓ $21K (4%)
Price Decreased
Sep 9, 2023 Listed by @properties Christie's International Real Estate $520,000
Listed by @properties Christie's International Real Estate
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,376
  • Garage Type: 7
  • Garage Square Area: 728
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,432
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 1,376
  • Building Area: 1,376
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,376
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAPLE GATE
  • Land Acres: 0000000492
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 3 MAPLE GATE SEC 3 T3N R16W (2001)

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • District: 20
  • Parcel: 20-250-003-00
  • Lot: 3
  • Meridian: SEC 03 TWN 03N RNG 16W
  • Municipality: SAUGATUCK TWP
  • Latitude: 42.667
  • Longitude: -86.1776

    Address

  • Full Address: 3420 Maple Gate Dr
  • Address - House Number: 3420
  • Address - Street Name: Maple Gate
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Saugatuck
  • Carrier Code: R002
  • 4-Digit Zip Code: 9454
  • Zip Code: 49453

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.1036
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 89
  • Final Value: 478,033
  • High Value: 527,579
  • Low Value: 428,488

    Market Valuation

  • Market Total Value: $406,800
  • Market Land Value: $40,800
  • Market Improvement Value: $366,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,400
  • Assessed Land Value: $20,400
  • Assessed Improvements Value: $183,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 16, 2024
  • Current Sale Recording Date: Jan 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 828
  • Previous Sale Recording Date: Apr 08, 2019
  • Previous Sale Contract Date: Apr 03, 2019
  • Previous Sale Amount: $312,500
  • 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 Allegan

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

51

Average Home Size

2181 ft²

Average Home Age

49.3 years

Currently For Sale

333 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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MRED

Listed by: Patrick Schell, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11918493
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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 3420 Maple Gate Drive built and last sold?
The property at 3420 Maple Gate Drive was built in 2004 and last sold on Jan 16, 2024 for $425,560.
How much is this home worth?
The estimated value of the home located at 3420 Maple Gate Drive is $0.
What are some comparable homes to 3420 Maple Gate Drive?
There are currently no comparable homes to 3420 Maple Gate Drive.
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