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Michiana 49117
41 Apache Trail
$580,000
● House - Off Market

41 Apache Trail

New Buffalo, MI 49117
bedrooms
1 Bed
bathrooms
2 Baths
square feet
1,179 Ft²
$3,128
Est. Monthly
3.64%
Cap Rate

About This Property

Location Location Location! Rare opportunity to own a cabin nestled in the forest of Michiana. Situated on 4.5 spacious lots & 1blk from Lake Michigan this retreat offers privacy, tranquility & is a nature lover's dream. Vaulted ceilings with skylights provide ample sunlight to the bright open floor plan. This charming 1 bdrm, 2 bath home has a floor-to-ceiling fieldstone wood burning fireplace creating a warmth that will keep you cozy. Watch the sunrise from the breakfast nook, sunset from the dining area & the moon & stars as you soak in the jacuzzi tub. Large bathroom includes heated floors & new washer/dryer. 1 car garage with storage & room for workshop. Deeded access to Michiana beaches & close to the Village of Michiana's park where you can enjoy pickleball, bocce ball & tennis.
Unit Size
1,179 Ft²
Days on Market
-
Land Size
0.81 acres
Price per sqft
$509
Property Type
House
Property Taxes
$182
HOA Dues
-
Year Built
1930

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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 #23016317)

Price History

Date / Event Date Event Price
Feb 6, 2024 Sold
Premium
Sold
May 17, 2023 Listed by @properties Christie's International R.E. $599,900
Listed by @properties Christie's International R.E.
Mar 21, 1997 Sold
Premium
Sold
Dec 14, 1984 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 814
  • Garage Type: 7
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,943
  • Lot Size Depth Feet: 2,020
  • Lot Size Frontage Feet: 790
  • Total Building Area: 884
  • Building Area: 884
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 884
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MICHIANA SHORES SUB
  • Land Acres: 0000000366
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 16 & 17 BLK 21 MICHIANA SHORES SUB NO 3

Neighborhood

  • School District Name: New Buffalo Area School District
  • School Tax School District: NEW BUFFALO
  • Census Tract: 011302

Zoning

  • Zoning: SELECTZONI

Geography

  • Assessors Map Reference: 024-3
  • District: 41
  • Parcel: 41-4870-0067-00-6
  • Block: 21
  • Lot: 16-17
  • Municipality: NEW BUFFALO TWP
  • Latitude: 41.7629
  • Longitude: -86.8132

    Address

  • Full Address: 41 Apache Trl
  • Address - House Number: 41
  • Address - Street Name: Apache
  • Address - Suffix Type: Trl
  • State: MI
  • City Name: New Buffalo
  • Carrier Code: R001
  • 4-Digit Zip Code: 9190
  • Zip Code: 49117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $191,042

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 602,166
  • High Value: 725,859
  • Low Value: 478,473

    Market Valuation

  • Market Total Value: $308,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 06, 2024
  • Current Sale Recording Date: Feb 06, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 397676
  • Previous Sale Recording Date: Mar 21, 1997
  • Previous Sale Contract Date: Mar 21, 1997
  • Previous Sale Amount: $200,000
  • 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 Michiana

Stats & Trends

Median Asking:

$809,450

Sale Price/ft²

$460

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2430 ft²

Average Home Age

60.3 years

Currently For Sale

3 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: Jackson G Matson, @properties Christie's International R.E.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23016317
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 41 Apache Trail built and last sold?
The property at 41 Apache Trail was built in 1930 and last sold on Feb 6, 2024 for $580,000.
How much is this home worth?
The estimated value of the home located at 41 Apache Trail is $0.
What are some comparable homes to 41 Apache Trail?
There are currently no comparable homes to 41 Apache Trail.
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