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Ottawa 49424
3931 Vermae Drive
$405,000
● House - Off Market

3931 Vermae Drive

Holland, MI 49424
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,068 Ft²
$2,140
Est. Monthly
4.40%
Cap Rate

About This Property

This charming ranch-style home features 3 bedrooms and 1.5 bathrooms, nestled among mature trees & on a quiet cul-de-sac. The main floor offers a spacious family room with a fireplace and access to one of two outdoor patios, a fully equipped kitchen, a dining area with a slider to the backyard patio, a formal living room, a half bath with laundry facilities, three bedrooms, and a full bathroom. The lower level boasts an expansive recreation room and ample storage space. The property includes a 3-stall attached garage with a heated third stall, generator hookup, and a shed for garden tool storage. Enjoy the warm summer days on the two backyard patios, offering plenty of outdoor living space.
Unit Size
2,068 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$191
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1975

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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 #24039354)

Price History

Date / Event Date Event Price
Aug 30, 2024 Sold
Premium
Sold
Aug 2, 2024 In contract -
In contract
Jul 31, 2024 Listed by HomeRealty Holland $395,000
Listed by HomeRealty Holland

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,196
  • Garage Type: 7
  • Garage Square Area: 854
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,577
  • Total Building Area: 1,518
  • Building Area: 1,518
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,518
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAMSBURG ESTATES SUB
  • Land Acres: 0000000403
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 7 WILLIAMSBURG ESTATES SUB

Neighborhood

  • School District Name: West Ottawa Public School District
  • School Tax School District: WEST OTTAWA
  • Census Tract: 022106

Zoning

  • Zoning: R-1

Geography

  • District: 20
  • Parcel: 70-15-10-106-003
  • Block: 106
  • Lot: 7
  • Meridian: SEC 10 TWN 7N RNG 13W
  • Municipality: PARK TWP
  • Latitude: 42.839
  • Longitude: -86.1948

    Address

  • Full Address: 3931 Vermae Dr
  • Address - House Number: 3931
  • Address - Street Name: Vermae
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Holland
  • Carrier Code: R007
  • 4-Digit Zip Code: 5839
  • Zip Code: 49424

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $175,203

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 329,853
  • High Value: 385,404
  • Low Value: 274,303

    Market Valuation

  • Market Total Value: $200,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,000

    Exemptions

  • Homeowner Exemption: Yes
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 Ottawa

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$213

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2240 ft²

Average Home Age

33.3 years

Currently For Sale

602 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: Luke Scott Bouman, HomeRealty Holland
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24039354
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 3931 Vermae Drive built and last sold?
The property at 3931 Vermae Drive was built in 1975 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3931 Vermae Drive is $402,948.
What are some comparable homes to 3931 Vermae Drive?
There are currently no comparable homes to 3931 Vermae Drive.
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