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Manitou Beach-Devils Lake 49253
360 Park Street
$530,000
● House - Off Market

360 Park Street

Manitou Beach, MI 49253
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,022 Ft²
$3,186
Est. Monthly
3.07%
Cap Rate

About This Property

Spectacular Lakefront on Devil's Lake! Luxury, comfort, gorgeous views.  Step into the open floor plan with the living room, kitchen & bath on the main level Perfect for entertaining. The second level boasts 2 spacious bedrooms and a full bath, laundry and a walkup attic for extra storage space or even a kids play/fort area. Additional storage in the crawl space that is easily accessible.  Wonderful, covered porch leads to the expansive deck, great for all of your lakeside entertainment.  One of the best features is the cabana/boat house it is perfect for relaxing and lounging next to the lake. Did we mention the super sandy beach.  Head out to the dock to enjoy the lake life, boating, skiing, tubing or just relaxing in the crystal-clear waters of beautiful All-sports Devils Lake!!
Unit Size
1,022 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$537
Property Type
House
Property Taxes
$489
HOA Dues
-
Year Built
1988

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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: 2 years ago (MichRIC MLS #24053917)

Price History

Date / Event Date Event Price
Nov 27, 2024 Sold
Premium
Sold
Nov 2, 2024 In contract -
In contract
Oct 12, 2024 Listed by RE/MAX IRISH HILLS REALTY $549,000
Listed by RE/MAX IRISH HILLS REALTY
Jun 16, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,919
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,022
  • Building Area: 1,022
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,022
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUB OF OUTLOT E MANITOU BEACH
  • Land Acres: 0000000067
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: W 30 FT OF LOT 1 SUB-DIV OF OUTLOT E PLAT OF MANITOU BEACH

Neighborhood

  • School District Name: Addison Community Schools
  • School Tax School District: SCH: 46020
  • Census Tract: 060402

Geography

  • District: RL0
  • Parcel: RL0-665-0012-00
  • Lot: 1E
  • Municipality: ROLLIN TWP
  • Latitude: 41.9701
  • Longitude: -84.3064

    Address

  • Full Address: 360 Park St
  • Address - House Number: 360
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: MI
  • City Name: Manitou Beach
  • Carrier Code: R002
  • 4-Digit Zip Code: 9658
  • Zip Code: 49253

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $555,927

    Appraisal Valuation

  • Standard Deviation: 0.1926
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 559,042
  • High Value: 666,741
  • Low Value: 451,342

    Market Valuation

  • Market Total Value: $290,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $145,000

    Sales

  • Current Sale Contract Date: Jun 14, 2006
  • Current Sale Recording Date: Jun 16, 2006
  • Current Sale Price:
    Premium
  • Current 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 Manitou Beach-Devils Lake

Stats & Trends

Median Asking:

$695,000

Sale Price/ft²

$331

Below Asking

0.06%

Average Days on Market

98

Average Home Size

1680 ft²

Average Home Age

58 years

Currently For Sale

1 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: Mark Riggle, RE/MAX IRISH HILLS REALTY
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24053917
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 Park Street built and last sold?
The property at 360 Park Street was built in 1988 and last sold on Jun 14, 2006 for $225,000.
How much is this home worth?
The estimated value of the home located at 360 Park Street is $0.
What are some comparable homes to 360 Park Street?
There are currently no comparable homes to 360 Park Street.
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