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Pentwater 49449
360 3rd Street
$393,800
● House - Off Market

360 3rd Street

Pentwater, MI 49449
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,504 Ft²
$2,101
Est. Monthly
4.68%
Cap Rate

About This Property

This is the perfect Pentwater home with everything you could want! Outside, there's fantastic curb appeal, thanks to perennials & a lush lawn provided by in-ground sprinklers. You will also find a relaxing seating area, shaded by a beautiful pergola with nearby grilling patio. Once you enter this 3 bedroom, 2 bath home you will not lack for any amenities. AC keeps it cool, but there is also a generator in an emergency.  The entire home is move-in ready and updated with granite countertops & a cook top stove in the kitchen, as well as soft close cabinets lining the hallway for extra storage.  Although, each of the 3 bedrooms has ample closet space.  Did I mention the garage (& golf cart that could be included)? AND THE BEST THING?This house is KEYS AT CLOSE! No need to wait for possession!
Unit Size
1,504 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$265
Property Type
House
Property Taxes
$141
HOA Dues
-
Year Built
-

Payment Calculator

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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 #24023343)

Price History

Date / Event Date Event Price
Jun 24, 2024 Sold
Premium
Sold
May 18, 2024 In contract -
In contract
May 11, 2024 Listed by Coldwell Banker Anchor-Hart $399,000
Listed by Coldwell Banker Anchor-Hart
Feb 18, 1999 Sold
Premium
Sold
Jul 31, 1997 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,675
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF PENTWATER
  • Land Acres: 0000000199
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 360 E THIRD ST WD9713096&97 VILLAGE OF PENTWATER - BLK 37 W 1/2 OF LOTS 5 & 6, BLK 37

Neighborhood

  • School District Name: Pentwater Public School District
  • School Tax School District: PENTWATER
  • Census Tract: 010800

Geography

  • District: 044
  • Parcel: 044-707-005-00
  • Block: 37
  • Lot: 5-6
  • Municipality: VILLAGE OF PENTWATER
  • Latitude: 43.7794
  • Longitude: -86.4282

    Address

  • Full Address: 360 3rd St
  • Address - House Number: 360
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: MI
  • City Name: Pentwater
  • Carrier Code: R002
  • 4-Digit Zip Code: 7531
  • Zip Code: 49449

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $172,855
  • Tax Rate Code Area: 044

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 68
  • Final Value: 297,425
  • High Value: 364,857
  • Low Value: 229,993

    Market Valuation

  • Market Total Value: $227,200
  • Market Land Value: $227,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,600
  • Assessed Land Value: $113,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 18, 1999
  • Current Sale Recording Date: Feb 18, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 31, 1997
  • Previous Sale Contract Date: Jul 31, 1997
  • Previous Sale Amount: $75,000
  • 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 Pentwater

Stats & Trends

Median Asking:

$495,000

Sale Price/ft²

$256

Below Asking

0.02%

Average Days on Market

40

Average Home Size

2479 ft²

Average Home Age

75.1 years

Currently For Sale

7 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

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MichRIC

Listed by: Becky Vanderlaan, Coldwell Banker Anchor-Hart
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24023343
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 360 3rd Street built and last sold?
The property at 360 3rd Street was built in and last sold on Feb 18, 1999 for $52,000.
How much is this home worth?
The estimated value of the home located at 360 3rd Street is $402,667.
What are some comparable homes to 360 3rd Street?
There are currently no comparable homes to 360 3rd Street.
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