$175,000
●
House -
Off Market
416 Island Pointe Drive
St. Joseph, MI 49085
2 Beds
1 Bath
1,018 Ft²
$358,403
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model
About This Property
CAREFREE LIVING IN THE HEART OF ST. JOSEPH WITH RIVER ACCESS PLUS A
40' BOAT SLIP!! Bright & airy, 2 bedroom condominum in the coveted
Island Pointe Marina. Open living & kitchen areas with super high
ceilings & many windows. Nicely finished kitchen with maple
cabinets, pantry, stainless KitchenAid appliances, built-in
microwave & stainless double sink. Spacious bathroom with built-in
vanity & soaking tub. Front loading washer & dryer. Entertain on
your extra large composite deck overlooking the Association park
area or your private clubhouse. So many other amenities including
an outdoor, in-ground swimming pool overlooking the river, pathways
around the grounds and along the river, a picturesque gazebo & a
children's playlot. Located only minutes from downtown St. Joe's
quaint shops & re staurants, Silver Beach & near the Jack Nicklaus
Signature Golf Course. This unit is like new & move in ready for
seasonal or year round living. Approximately 90 minutes from
Chicago.
Unit Size
1,018 Ft²
Days on Market
-
Land Size
-
Price per sqft
$174
Property Type
House
Property Taxes
$409
HOA Dues
$173
Year Built
2003
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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 #12064679)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 3, 2019 | Sold | ||
| Sold | |||
| Dec 15, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Listed | $334,900 | |
| Listed | |||
| | |||
|
Wonderful opportunity to own this maintenance free beauty, including 40' boat slip and association pool & hot tub on the St. Joseph River. Main level features master suite, laundry, kitchen, half bath, living & dining rooms. Upper level has 2 more bedrooms plus (den could be used as 4BR), full bath and another living area. Two car attached garage and 4 ft crawl space with plenty of storage. Maple kitchen with quartz and granite, under cabinet lighting, top of the line stainless appliances. Manyextras including nest dual zone heating, high ceilings with loads of light, double sliders open to full deck across rear of home overlooking park like community area. Association takes care of mowing, snow removal, water and electric at dock. This is turn key! Great for year round or weekend getaway. Welcome Home! The manager has listed the unit size as 1840 square feet.
| |||
| Mar 23, 2018 | Listed by Coldwell Banker Realty | $334,900 | |
| Listed by Coldwell Banker Realty | |||
| May 5, 2016 | Sold | ||
| Sold | |||
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About St. Joseph
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Listed by: Sandy Fenderbosch, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 12064679
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.
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 12064679
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